ElevenLabsTranslation site

2mos agoupdate 658 0 0

Valued at over $3.3 billion and founded in 2022, it focuses on the AI speech synthesis and cloning space, providing multilingual, emotional text-to-speech conversion and speech cloning solutions.

Location:
United Kingdom of Great Britain and Northern Ireland
Language:
en
Collection time:
2024-07-11
ElevenLabsElevenLabs

ElevenLabs Company Overview

ElevenLabs is a UK based company founded in 2022AI voicetechnology company specializing in advanced speech synthesis technologies. Its AI-driven text-to-speech (TTS) technology generates natural, emotionally rich and highly realistic speech in 32 languages for a wide range of audiobook, video dubbing and accessibility applications. The company's core products include speech cloning, speech libraries and AI voiceover and videotranslation tool, supports users to create AI voice clones from minutes of audio and enables speech synthesis in multiple languages and accents.

ElevenLabs also offers a sound marketplace that allows users to create, validate, and sell copies of AI speech. Its technology has been adopted by numerous industries, including publishing, gaming, and media.

Core Products and Services

  • voice cloning: Users can create AI voice clones from a few minutes of audio, across 29 languages and 50+ accents, to achieve unparalleled accuracy.
  • phonetic library: Provides a wide range of voices from audiobook narrators to unique characters for different use cases.
  • Speech Synthesis Solutions: Synthetic speech with multiple languages, accents and emotional nuances for entertainment, education and personal use.
  • sound market: Allows users to create, validate and sell copies of their AI voice.
  • AI dubbing and video translation: Enables users to automatically translate any speech into another language while preserving the original speaker's voice.
  • Long Form Audio Creation: enables creators, publishers, and independent authors to voice entire dialog segments, news articles, and even audiobooks in minutes.

Technical Advantages

  • Multi-language support: Multiple languages are supported including Korean, Dutch, Turkish, Swedish, Chinese, English, Spanish, French, and more.
  • emotional delicacy: It is capable of generating synthesized speech with different emotions and intonations, making the speech more natural and realistic.
  • high accuracy: Voice cloning technology achieves unparalleled accuracy with error rates below the industry average.

Market Performance and Customers

  • Financing: As of January 2025, ElevenLabs has closed a $180 million Series C funding round valuing the company at $3.3 billion. Major investors include Andreessen Horowitz, Sequoia Capital, and others.
  • client base: Several publishing, media and entertainment companies including Paradox Interactive, The Washington Post and others. In addition, the company has established partnerships with several industry giants.
  • market recognition: Named to the 2025 Forbes AI 50 All List and the "Inaugural Fortune Global AI Innovators 50 List".

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