Eleven Labs

ElevenLabs is a voice AI research deployment company with a mission to make content universally accessible in any language voice. Their artificial intelligence platform creates realistic, versatile and contextually-aware AI audio, providing the ability to generate speech in hundreds of new and existing voices in over 20 languages. ElevenLabs was co-founded in 2022 by Piotr Dabkowski, an ex-Google machine learning engineer and Mati Staniszewski, an ex-Palantir deployment strategist. Both were raised in Poland, and their inspiration for founding ElevenLabs reportedly came from watching inadequately dubbed American films. In January 2023, ElevenLabs publicly released its beta platform after raising a $2M pre-seed round with this 11-slide deck, backed by Credo Ventures and Concept Ventures. In June of the same year, ElevenLabs raised a $19 million Series A funding round at a valuation of about $100 million, despite the company having no office and only 15 employees. By January 2024, ElevenLabs achieved unicorn status with a $1.1B valuation on their $80M Series A led by Andreesen Horowitz.