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ElevenLabs raises $19 million and launches tool to prevent AI audio fraud

Matthias Bastian
Matthias Bastian View the LinkedIn Profile of Matthias Bastian
Jun 23, 2023

AI voice synthesis startup ElevenLabs has launched a tool to detect and prevent generative audio fraud. Users can upload audio samples, and the AI speech classifier will determine whether the content was generated by its platform, with a claimed accuracy rate of 99% for unmodified input and 90% for modified input.

Concurrent with the launch, ElevenLabs raised $19 million in a Series A funding round co-led by Nat Friedman, Daniel Gross, and Andreessen Horowitz. The company plans to use the investment to build a voice AI research center and launch additional products targeting market verticals such as publishing, gaming, and entertainment.

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