ElevenLabs, the hot AI audio startup, confirms $180M in Series C funding at a $3.3B valuation

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ElevenLabs, one of the more popular startups working in the field AI audio, said Thursday that it has raised a Series C round of $180 million, valuing the company at $3.3 billion post-money. a16z and ICONIQ Growth are co-leading investment.

Rumors of the fundraise were first reported by TechCrunch. The final numbers confirm some but not all of the details we previously reported (specifically, the overall size of the round is smaller than we had heard; the valuation and lead investors are the same).

The funding will be used to continue…



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ElevenLabs, the hot AI audio startup, confirms $180M in Series C funding at a $3.3B valuation


ElevenLabs, one of the more popular startups working in the field AI audio, said Thursday that it has raised a Series C round of $180 million, valuing the company at $3.3 billion post-money. a16z and ICONIQ Growth are co-leading investment.

Rumors of the fundraise were first reported by TechCrunch. The final numbers confirm some but not all of the details we previously reported (specifically, the overall size of the round is smaller than we had heard; the valuation and lead investors are the same).

The funding will be used to continue…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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