Tech Company Financing Transactions

ElevenLabs Funding Round

Andreessen Horowitz, private investors and Concept Ventures invested in a $19 million Series A funding round for ElevenLabs. The financing round was announced on 6/20/2023.

Transaction Overview

Company Name
Announced On
6/20/2023
Transaction Type
Venture Equity
Amount
$19,000,000
Round
Series A
Investors

Andreessen Horowitz (Lead Investor)

private investors (Lead Investor) (Daniel Gross)

private investors (Lead Investor) (Nat Friedman)

Concept Ventures

Creator Ventures

Credo Ventures

private investors (Aravind Srinivas)

private investors (Brendan Iribe)

private investors (Guillermo Rauch)

private investors (Mike Krieger)

private investors (Mustafa Suleyman)

private investors (Tim O'Reilly)

SV Angel

Proceeds Purpose
The company intends to use the funds to continue its voice AI research and product deployment.

Company Information

Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
576 Vanderbilt Ave Apartment 4, Brooklyn
New York, NY 11238
USA
Phone
Undisclosed
Email Address
Overview
We're a voice technology research company, developing the most compelling AI speech software for publishers and creators. Our goal is to instantly convert spoken audio between languages. We built new text-to-speech models which rely on high compression and context understanding to render human speech ultra-realistically. Our tools finally provide the necessary quality for voicing news, newsletters, books and videos. We also offer a suite of tools for voice cloning and designing synthetic voices, aimed at providing our users with new creative outlets.
Profile
ElevenLabs LinkedIn Company Profile
Social Media
ElevenLabs Company Twitter Account
Company News
ElevenLabs News
Facebook
ElevenLabs on Facebook
YouTube
ElevenLabs on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Mateusz Staniszewski
  Mateusz Staniszewski LinkedIn Profile  Mateusz Staniszewski Twitter Account  Mateusz Staniszewski News  Mateusz Staniszewski on Facebook
Chief Technical Officer
Piotr Dabkowski
  Piotr Dabkowski LinkedIn Profile  Piotr Dabkowski Twitter Account  Piotr Dabkowski News  Piotr Dabkowski on Facebook


 

 

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About Our Venture Capital Transactions Database

Our team works diligently to document every notable VC transaction. VC investment data records on this site come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.

 


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