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Eleven Labs Pitch Deck

ElevenLabs is a voice AI research and deployment company dedicated to making content accessible in any language by generating realistic, context-aware audio in over 20 languages and hundreds of voices. Founded in 2022 by ex-Google engineer Piotr Dabkowski and ex-Palantir strategist Mati Staniszewski, the company was inspired by poorly dubbed American films. It launched its beta platform in January 2023 after raising a $2M pre-seed round, secured a $19M Series A in June 2023 with a valuation around $100M, and achieved unicorn status by January 2024 with an $80M Series A led by Andreesen Horowitz that valued it at $1.1B.
Stage:
Pre-Seed
Industry:
Artificial Intelligence

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Eleven Labs Pre-Seed Funding Round: The 14-Slide Deck That Raised $2M

Eleven Labs is an AI voice technology startup making serious waves in the synthetic voice industry. Founded in 2022 by Piotr Dabkowski and Mati Staniszewski, the company raised a $2M Pre-Seed funding round on January 22, 2023, led by Credo Ventures. The kicker? They did it with a streamlined, 14-slide pitch deck that effectively captured their vision and potential.

Now, we’ve made this original Eleven Labs Pre-Seed pitch deck available in our template gallery. Whether you’re an AI founder looking to raise your first round or just curious about how successful startups present their ideas, this deck is worth a look.

What Is Eleven Labs?

Eleven Labs is an AI voice technology startup specializing in hyper-realistic text-to-speech and voice cloning solutions. Their models produce speech that’s not only clear and natural-sounding but also rich with emotion and nuance. The company’s mission? To revolutionize how voice AI is created and applied across industries.

Founded by Piotr Dabkowski (former AI Researcher at Google DeepMind) and Mati Staniszewski (ex-Product Manager at Palantir), Eleven Labs has quickly emerged as a leader in the voice AI space. Their combination of technical expertise and strategic vision has been key to their rapid growth.

What Does Eleven Labs Do?

Eleven Labs offers cutting-edge AI solutions aimed at making synthetic speech indistinguishable from human conversation. Their two flagship products include:

  • Speech Synthesis: Converts text into fluid, natural speech that captures emotional tone, intent, and personality.
  • VoiceLab: A tool for advanced voice cloning and enhancement, ideal for creators, brands, and developers looking to produce high-quality voiceovers.

With applications ranging from media production and customer support to content localization, Eleven Labs provides scalable solutions for a wide range of industries.

Eleven Labs Pre-Seed Funding Round Breakdown

On January 22, 2023, Eleven Labs successfully raised a $2M Pre-Seed funding round led by Credo Ventures. At such an early stage, the company managed to convince investors of its potential using a straightforward, 14-slide pitch deck. This minimalist approach allowed Eleven Labs to present their vision, technology, and market opportunity without overwhelming their audience.

What Made Their Pitch Deck Stand Out?

  1. Clarity of Vision: The deck clearly articulated Eleven Labs’ mission and how their technology stands out in a competitive landscape.
  2. Simple Business Model: Their approach to revenue generation was communicated in clear, understandable terms, making it easy for investors to grasp their growth potential.
  3. Strong Founding Team: Highlighting the credentials of Piotr Dabkowski and Mati Staniszewski established credibility and technical expertise.
  4. Compelling Market Potential: Eleven Labs demonstrated a solid understanding of the market demand for realistic voice AI, which resonated with investors.

Now, you can explore Eleven Labs’ Pre-Seed deck yourself. We’ve made this template available in our gallery to help founders understand what a winning early-stage deck looks like.

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