Voice AI Startup ElevenLabs Raises $500 Million
ElevenLabs was initially considered an outsider in Hollywood Today the AI startup has become a creative partner Michael Caine, Matthew McConaughey and others are partners ElevenLabs raises $500 million in new funding Sequoia Capital leads the new investment round The AI startup ElevenLabs is now valued at $11 billion Andreessen Horowitz, Iconiq and others participated ElevenLabs develops a platform for conversational AI Brands can now license the voices of actors and others Last year’s ARR reached $330 million ElevenLabs aims to double its ARR by the end of 2026 Clients include Deutsche Telekom, Deliveroo and others