ElevenLabs Soars: Voice AI Startup Valued at $11 Billion After Major Funding Round
Analysis
ElevenLabs' impressive funding round and valuation jump highlight the booming demand for cutting-edge voice AI technology. Their new model, Eleven v3, showcases innovative capabilities in generating synthetic speech with multilingual support. This expansion indicates significant growth potential and a strong market position.
Key Takeaways
- •ElevenLabs' valuation has more than tripled to $11 billion.
- •The company's annualized revenue exceeds $330 million.
- •Eleven v3, the latest AI model, offers multilingual synthetic speech generation and non-verbal reaction simulation.
Reference / Citation
View Original"ElevenLabs Inc., a startup that develops artificial intelligence models optimized to generate and transcribe speech, has raised $500 million in funding."
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SiliconANGLEFeb 4, 2026 21:06
* Cited for critical analysis under Article 32.