- ElevenLabs, an AI voice startup, may soon be valued at $3 billion
- Its revenue has grown rapidly to $80 million annually
- Investors are eager to participate in its potential new funding round
Talking the Talk
ElevenLabs, the AI voice generation wunderkind, is causing quite a stir in investor circles. The two-year-old startup is reportedly in talks for a new funding round that could catapult its valuation to a whopping $3 billion.
Voice of the Future
Specializing in AI-powered synthetic voices for audiobooks and real-time video dubbing, ElevenLabs has seen its annualized recurring revenue skyrocket from $25 million to $80 million in mere months. This meteoric rise has investors chomping at the bit to get a piece of the action.
Valuation Crescendo
If the deal goes through at $3 billion, it would triple ElevenLabs’ valuation from its Series B round in January.
Despite competition from tech giants like Google and OpenAI, ElevenLabs’ unique ability to clone human voices sets it apart in the booming AI voice market.
