19:26 22 October 2024
ElevenLabs moves past unicorn status to triple its valuation
Founded by Poles, the start-up ElevenLabs achieved unicorn status earlier this year and is now close to tripling its valuation to around $3 billion, just 10 months later. Launched in August 2022 by Piotr Dąbkowski and Mateusz Staniszewski, ElevenLabs developed AI-powered voice generation tools, quickly gaining popularity and attracting international investment. In January 2023, the company raised $80 million, reaching a $1.1 billion valuation, and now is in the process of a Series C round.
The start-up's software debuted in early 2023, rapidly growing to over 1 million active users. ElevenLabs aims to produce speech indistinguishable from human voices, positioning itself as a key player in the AI voice synthesis market.
(pb.pl)
