ElevenLab Pitch Deck To Raise $2M in Pre-Seed Funding For AI TTS
Company Background:
ElevenLabs is a voice AI research and deployment company that aims to make content accessible in any language and voice. The company’s AI platform can generate speech in hundreds of voices in over 20 languages. It was co-founded in 2022 by Piotr Dabkowski, a former Google machine learning engineer, and Mati Staniszewski, a former Palantir deployment strategist.
The company publicly released its beta platform in January 2023 after raising a $2M pre-seed round1. In June 2023, despite having no office and only 15 employees, ElevenLabs raised a $19 million Series A funding round at a valuation of about $100 million. By January 2024, the company achieved unicorn status with a $1.1B valuation on their $80M Series A led by Andreesen Horowitz
Business Model & Funding Summary:
- Industry: AI
- Business model: SaaS, B2B
- Year: 2023
- Amount raised: $2M
- Stage: Pre-Seed
0 Comments