ElevenLabs Raises $180M for AI Voice Innovation

August 18, 2025

🔊 Soundcheck

  • ElevenLabs secures $180M to revolutionize AI voice tech

  • SuperDial secures $15M to advance AI voice tech

  • SoundHound's revenue soars 217%, redefining voice AI

  • SoundHound's $80M Amelia buy reshapes voice AI

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ElevenLabs Raises $180M for AI Voice Innovation

ElevenLabs, a leader in AI voice technology, has secured $180 million in a Series C funding round, elevating its valuation to $3.3 billion. The round was co-led by Andreessen Horowitz and ICONIQ Growth, with participation from new investors including NEA, World Innovation Lab, Valor, Endeavor Catalyst Fund, and Lunate. Existing backers like Sequoia Capital and Salesforce Ventures also increased their support.

Founded in 2022 by ex-Google engineer Piotr Dąbkowski and former Palantir strategist Mateusz Staniszewski, ElevenLabs specializes in AI-driven voice synthesis. Their technology enables the creation of lifelike speech in multiple languages, catering to publishers, creators, and businesses seeking advanced audio solutions.

The fresh capital will fuel research into more expressive and controllable voice AI, the development of new products, and the expansion of tools for developers and enterprises. This investment underscores the growing interest in generative AI technologies, particularly in the voice domain, as industries increasingly adopt AI-powered audio solutions.

Key Points:
• ElevenLabs raises $180 million in Series C funding
• Valuation triples to $3.3 billion post-funding
• Funding co-led by Andreessen Horowitz and ICONIQ Growth
• Plans to enhance voice AI research and product development

Takeaway: ElevenLabs' substantial funding and tripled valuation highlight the escalating demand and confidence in AI voice technologies, positioning the company as a pivotal player in the evolving digital audio landscape.

SuperDial, a US-based AI voice technology company, has successfully raised $15 million in a recent funding round. This substantial investment underscores the growing confidence investors have in speech-driven products and their potential to revolutionize various industries. The funds are earmarked for scaling SuperDial's AI voice platform, aiming to enhance its capabilities and expand its market reach. This move reflects a broader trend of increased investment in AI voice technologies, highlighting their significance in the evolving tech landscape.

Key Points:
• SuperDial secures $15 million in funding
• Investment aims to scale AI voice platform
• Reflects growing investor confidence in speech-driven products
• Part of a broader trend in AI voice technology investments

Takeaway: SuperDial's successful funding round highlights the increasing importance and investor confidence in AI voice technologies, positioning the company for significant growth and innovation in the speech-driven product sector.

SoundHound AI has reported a remarkable 217% year-over-year revenue increase in Q2 2025, reaching $42.7 million. This surge is attributed to the company's strategic partnerships and the successful deployment of its voice AI solutions across various industries.

The company's automotive sector saw significant growth, securing a major OEM deal in China and expanding collaborations with KIA in India. In the restaurant industry, SoundHound's solutions are now implemented in over 14,000 locations, with new clients like Red Lobster and IHOP.

SoundHound also launched Amelia 7, an advanced AI platform, which has been adopted by 15 enterprise clients. Additionally, the company raised its 2025 revenue guidance to $160–$178 million, reflecting confidence in sustained growth and aiming for adjusted EBITDA profitability by year-end.

Key Points:
• Q2 2025 revenue reached $42.7 million, a 217% increase
• Automotive growth includes a major OEM deal in China
• Restaurant solutions now in over 14,000 locations
• Launched Amelia 7 AI platform with 15 enterprise clients

Takeaway: SoundHound AI's impressive revenue growth and strategic advancements underscore its expanding influence in the voice AI industry, positioning the company for continued success across multiple sectors.

SoundHound Acquires Amelia for $80M

SoundHound AI has acquired Amelia, an enterprise AI software company, for $80 million in cash and equity. This strategic move combines SoundHound's voice recognition technology with Amelia's AI-driven virtual agents, enhancing capabilities in sectors like healthcare, finance, and insurance.

The integration is expected to generate over $150 million in revenue by 2025, with Amelia contributing more than $45 million in recurring AI software revenue. The combined company will serve nearly 200 enterprise clients, including top-tier banks and Fortune 500 companies.

Financially, the deal positions SoundHound with approximately $160 million in cash and $39 million in debt post-merger. The acquisition is anticipated to be accretive to earnings in the latter half of 2025, aligning with the projected $250 billion enterprise generative AI market by 2027.

Challenges include integrating Amelia's 333 employees and retaining key talent. To address this, SoundHound has granted 3.7 million restricted stock units to Amelia staff and nearly 950,000 RSUs to new hires, aiming to ensure a smooth transition and sustained growth.

Key Points:
• SoundHound acquires Amelia for $80 million in cash and equity
• Combined revenue projected to exceed $150 million by 2025
• Post-merger, company holds $160 million in cash and $39 million in debt
• 3.7 million RSUs granted to Amelia employees to aid retention

Takeaway: SoundHound's acquisition of Amelia significantly enhances its voice AI capabilities, positioning the company to capitalize on the rapidly growing enterprise generative AI market, despite integration challenges ahead.

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