ElevenLabs’ on raising $101m in two years

Team S · 2024-07-31T08:42:50.000Z

Since the beginning of 2023, when it struggled to raise a $2m preseed, ElevenLabs — an AI audio translator and generator — has become an international phenomenon. It’s raised $101m from some of the world’s most renowned VCs, such as Andreessen Horowitz and Sequoia, become a unicorn at a (fitting) $1.1bn valuation — and some of its early investors have, on paper, seen an 100x markup on their initial investment. https://sifted.eu/articles/elevenlabs-mati-staniszewski-brunch-sifted

Member Login Get Access

ElevenLabs’ on raising $101m in two years | Newnex