ElevenLabs turns text into incredibly realistic speech and lets you clone voices, dub content, and build voice-powered features. Ideal for adding voiceovers to product demos, creating AI agents that talk, or making your content accessible in multiple languages.
AI voice generation, cloning, and audio content
The UCLA Department of Communication celebrated its 50-year anniversary with an interactive event, 'The Bridge to Humanizing AI'. Supported by the ElevenLabs Impact Program, attendees engaged in conversations with a digital avatar of Martine Rothblatt, experiencing how voice influences perception and trust in AI. This event highlights the critical role of vocal cues in shaping human-AI interactions.
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Eleven v3 is officially out of alpha and ready for commercial use. Key improvements include enhanced stability with higher user preference scores and a 68% reduction in errors regarding numbers, symbols, and technical notation. An example of the enhanced number handling shows a shift from "plus forty-nine, one hundred seventy, nine million..." to the accurate format of "plus four nine, one seven zero, nine eight seven..."
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We raised $500M at an $11B valuation to transform how people interact with technology. The funds will enhance ElevenAgents, enabling faster response times and improved expressiveness. Our clients include Deutsche Telekom and Revolut, with a focus on empathetic conversational models and audio general intelligence. This round was led by Sequoia Capital, with significant participation from Andreessen Horowitz and ICONIQ among others.
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ElevenLabs has announced a $500M Series D funding round, achieving an $11B valuation, led by Sequoia, with significant participation from a16z and ICONIQ. This funding will enhance the ElevenAgents platform, improving customer experiences and internal operations. The company aims to close 2025 with over $330M in ARR and is rolling out an upgraded conversational model for its platform. Additional strategic investors and partners are joining the effort to accelerate growth towards an IPO.
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ElevenLabs started as a weekend project and has now crossed $330 million in annual recurring revenue (ARR) as of 2025. They are on a mission to build the voice interface of the future, showcasing their impressive growth and innovation in the AI industry. This is the ElevenLabs story, an a16z Original.
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