Why We Invested · Andreessen Horowitz
Product
ElevenLabs' foundation model generates human-sounding audio with natural pauses and intonations, and enables voice cloning from a 30-second sample.
With a few clicks, their state-of-the-art foundation model is able to generate voices that sound incredibly human, with proper pause, intonation, and breathing rhythms. You can even create a clone of your own voice from a 30-second clip.
ElevenLabs' AI model supports text-to-speech conversion across multiple languages, including French, German, Hindi, Italian, Polish, Portuguese, and Spanish.
ElevenLabs’ model supports text-to-speech conversion across French, German, Hindi, Italian, Polish, Portuguese, and Spanish (with more to come).
Traction
Since launching in January, ElevenLabs has grown to over 1 million registered users who have generated more than 10 years of audio content.
Since launch, ElevenLabs has amassed over 1 million registered users who have generated over 10 years worth of audio content.
Companies across publishing and gaming, including Storytel and Paradox Interactive, are actively adopting ElevenLabs.
Companies from publishing (like Storytel) to gaming (like Paradox Interactive) are already adopting ElevenLabs in their work.
Investment context
a16z is co-leading ElevenLabs' Series A investment round alongside Nat Friedman and Daniel Gross while taking a seat on the board.
We are thrilled to be joining the ElevenLabs board and co-leading their Series A alongside Nat Friedman and Daniel Gross.
What founders can learn
- The traction evidence that carried weight: Andreessen Horowitz wrote that Since launching in January, ElevenLabs has grown to over 1 million registered users who have generated more than 10 years of audio content.
Source and provenance
Why We Invested published by Andreessen Horowitz on a16z.com (first-party source). Read the original
