ElevenLabs: AI Audio Company Raises $180 Million (Series C) At $3.3 Billion Valuation
By Amit Chowdhry ● Feb 5, 2025
ElevenLabs announced it has raised $180 million in Series C funding to make speech the new standard for digital interaction. This funding round was co-led by a16z and ICONIQ Growth, with additional new investors NEA, World Innovation Lab (WiL), Valor, Endeavor Catalyst Fund, and Lunate. And existing investors Sequoia Capital, Salesforce Ventures, Smash Capital, SV Angel, NFDG, BroadLight Capital are also increasing their support. The company is also further partnering with strategic investors, including Deutsche Telekom, LG Technology Ventures, HubSpot Ventures, NTT DOCOMO Ventures, and RingCentral Ventures. This latest funding values ElevenLabs at $3.3 billion, tripling its valuation from one year before and bringing the total funding to $281 million across four rounds since its founding in 2022.