ElevenLabs Raises $2M and Announces AI Speech Platform Promising to Revolutionize Audio Storytelling. Venture capital was also provided by Credo Ventures and Concept Ventures and Individual investors.
The company’s platform lets creators and publishers narrate long-form content and expand into the audio format. Its features are powered by an in-house developed deep learning model for speech synthesis which realistically renders human intonation and inflections, and can adjust delivery based on context. ElevenLabs also offers a suite of tools for voice cloning and designing synthetic voices, aimed at providing users with new creative outlets.
Photo: Piotr Waniorek, Forbes