Mati Staniszewski and Piotr Dabkowski Triple ElevenLabs’ Valuation to $11 Billion, Solidifying Their Grip on A.I. Voice |
ElevenLabs was co-founded by Piotr Dabkowski and Mati Staniszewski. Courtesy ElevenLabs
Mati Staniszewski and Piotr Dabkowski’s ElevenLabs is everywhere. Matthew McConaughey uses ElevenLabs to power the Spanish-language version of his personal newsletter. Masterclass uses ElevenLabs to give A.I. versions of its instructors a voice. Even the Ukrainian government uses ElevenLabs to add audio interfaces to public services. Silicon Valley, of course, has also taken notice of the venture’s fast-spreading influence. Today (Feb. 4), Staniszewski and Dabkowski announced that their venture has raised $500 million in a Series D round, led by Sequoia, with big-name backers like Andreessen Horowitz, Iconic, Lightspeed Venture Partners, Evantic Capital and BOND. The round gives ElevenLabs a valuation of $11 billion, a more than threefold increase from the $3.3 billion figure it received last year, and brings its total funding to $781 million.
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