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Summary*

ElevenLabs, founded in 2022 and headquartered in New York, is a pioneering company in the field of artificial intelligence-driven voice generation technology. Specializing in text-to-speech software, ElevenLabs enables users to create voiceovers in multiple languages and voices, making content more accessible and engaging for diverse audiences.

Since its inception, ElevenLabs has demonstrated impressive growth and attracted significant investor interest. The company has successfully raised $101 million across multiple funding rounds, including a Series B round in January 2024 that valued the company at $1.1 billion. This rapid ascent to unicorn status highlights the market's confidence in ElevenLabs' innovative technology and growth potential.

Key investors in ElevenLabs include prominent venture capital firms such as Andreessen Horowitz, Sequoia Capital, and SV Angel, as well as notable individual investors like Nat Friedman and Daniel Gross. The company's participation in the Disney Accelerator program further underscores its potential for disruption in the media and entertainment industry.

While there is currently no official information available regarding ElevenLabs' IPO prospects, the company's strong funding history, impressive valuation growth, and backing from high-profile investors could potentially position it for consideration of going public in the future. However, it's important to note that any discussions about a potential ElevenLabs IPO remain speculative at this time.

Factors that may influence ElevenLabs' decision to go public could include market conditions, the company's financial performance, and its long-term strategic goals. As the voice AI market continues to evolve, ElevenLabs' position as a leader in this space may attract attention from investors interested in emerging technologies.

For those considering investment opportunities in the voice AI sector, it's advisable to keep an eye on ElevenLabs' progress and any official announcements regarding its future plans. As always, potential investors should conduct thorough research and consider consulting with financial advisors before making investment decisions.

How to invest in ElevenLabs

While ElevenLabs' IPO prospects remain uncertain, investors eager to gain exposure to innovative AI voice technology companies don't have to wait. At Linqto, we offer members access to interests in promising pre-IPO private companies like ElevenLabs, potentially allowing you to benefit from their growth before they go public. Our platform provides opportunities to diversify your portfolio with lower minimum investments in emerging leaders in the AI and technology sectors.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.