ElevenLabs Secures $180M Series C Funding, Valued at $3.3 Billion

The AI audio startup plans to enhance voice technology, expand global tools, and prioritize AI safety.

ElevenLabs raised $180 million in a Series C funding round co-led by Andreessen Horowitz and Iconiq Growth, tripling its valuation to $3.3 billion.
The funding will support research into more expressive and controllable AI voice models, as well as multimodal capabilities combining text and audio.
The company aims to expand its tools for developers and businesses while growing its consumer-facing products, including its ElevenLabs Reader app and AI-powered conversational agents.
ElevenLabs has partnerships with major publishers, gaming studios, and tech platforms, powering voice technology for applications like dubbing, speech generation, and real-time AI agents in 32 languages.
The startup has faced challenges with misuse of its technology but has implemented safety measures, including content moderation and digital signatures to detect AI-generated audio.