AI voice startup ElevenLabs plots global expansion, eventual IPO
Elevenlabs, founded in 2022, is a London -based AI audio production initiative. He competes with things like Specitecmatics and Hume AI.
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Elevenlabs, a London-based initiative, specializing in producing synthetic sounds through London-Yapay intelligence, planned to be IPO-Ready in five years.
The company told CNBC that it aims to enlarge great global expansion while preparing for the first public offering.
“We hope to build more centers in Europe, Asia and South America and to continue to scale,” Elevenlabs CEO and founding partner, Mati Staniszewski, in an interview with CNBC in his London office, “Europe, Asia and South America.” He said.
He described Paris, Singapore, Brazil and Mexico as potential new places. London is currently the largest office of Elevenlabs, then New York, Warsaw, San Francisco, Japan, India and Bangalore.
Staniszewski said the final purpose is to prepare the company for the public offering in the next five years.
“From a commercial point of view, we want to be ready for a public offering at that time,” he said. “If the market is right, we want to create a public company… This will be here for the next generation.”
Unstable in the position
Established in 2022 by Staniszewski and Piotr DąBKowski, Elevenlabs is an AI audio production attempt such as Elevenlabs, Speechmatics and Hume Ai.
The company divides its business into three main camps: Specially prepared applications for certain industries such as integration and health services with companies such as consumer sound assistants, Cisco.
Staniszewski said that he has not yet decided where the firm can list, but that this decision would largely relieve most of its users.
Staniszewski said, “If England can start accelerating, Eleven Elevenlabs will accept London as a list target, Stan Staniszewski said.
The city has faced criticism that the stock exchange, one of the entrepreneurs and entrepreneurs capitalists, was unfit for high -growing technology companies.
For example, Deliveoo, who When the company was opened to the public, approximately 30% tank stocks were recently purchased by US Food Distribution rival Doordash for nearly $ 4 billion.
Meanwhile, the British money transfer company Wise said that the primary listing is planning to move its place to the United States last month.
Donation Plans
Elevenlabs is worth 3.3 billion dollars after a financing tour of the last $ 180 million. The company is supported by Andreesen Horowitz, Sequoia Capital and Iconiq growth and also by corporate names. Salesforce And Deutsche Telekom.
Staniszewski said that his initiative was open to collecting more money than VCs, but whether it sees a valid job need in other markets, such as scalaning. “The way we try to raise, if there is a bet we want to buy, to speed up this bet [we will] Take the money, “he said.
