AI voice startup ElevenLabs announces ambitious IPO plans, global expansion, and hints at a potential London listing – all while facing stiff competition and market uncertainties.
AI voice startup ElevenLabs announces ambitious IPO plans, global expansion, and hints at a potential London listing – all while facing stiff competition and market uncertainties.

Next Chapter: ElevenLabs Eyes the Big Stage

Okay so picture this: London. Rain. But inside a bright spark named ElevenLabs is plotting world domination... or you know an IPO. They're saying they want to be IPO ready in five years! Five years! That's like five albums in Swiftie time. CEO Mati Staniszewski is talking about global expansion new hubs the whole shebang. It's giving 'Fearless' energy but with more algorithms. And me? Well I'm just here for the drama and maybe a little stock option.

Paris Singapore Brazil and Mexico in My *Ahem* Their Sights

Apparently they're eyeing Paris Singapore Brazil and Mexico. It's a whole 'Reputation' world tour of potential office locations! London's their biggest office now followed by New York (a city that knows how to hold a grudge just saying) Warsaw San Francisco Japan India and Bangalore. It's like they're collecting cities the way I collect cats… I mean awards. And speaking of awards they want to be ready for an IPO so they can and I quote 'be here for the next generation.' Sounds like someone's got some 'Long Live' vibes going on!

London Calling? Maybe Maybe Not...

Founded in 2022 ElevenLabs is diving into the AI voice game competing with the Speechmatics and Hume AI of the world. They're doing voice assistants corporate integrations and tailor made apps. The usual tech startup stuff. But here's where it gets interesting: they haven't decided where to list their IPO. It all depends on where their users are. And if the U.K. can 'start accelerating,' they might just consider London. Sounds like someone's playing hard to get! Just like how I feel when Karlie Kloss doesn't call... I'M KIDDING. It's a joke!

The Dark Side: IPOs and Tech Turmoil

Apparently London's stock market isn't exactly a 'Love Story' for high growth tech firms. They mentioned Deliveroo's stock tanking (ouch!) and Wise potentially moving to the U.S. It's like the 'All Too Well' of IPOs – sometimes things just don't work out. But hey ElevenLabs is staying optimistic. After all you gotta shake it off right?

Money Money Money: A Rich Company I Mean Girl

ElevenLabs got valued at $3.3 billion after a recent $180 million funding round. That's a lot of friendship bracelets darling! They're backed by some big names like Andreessen Horowitz Sequoia Capital and even Salesforce and Deutsche Telekom. It seems like a big collection of 'the old taylor's' friends are backing this. They're even open to raising more money if they see a valid business need. 'The way we try to raise is very much like if there's a bet we want to take to accelerate that bet [we will] take the money,' Staniszewski said. Which basically translates to: 'If we wanna go big we gotta spend big!'

Ready For It? The ElevenLabs Era

So there you have it. ElevenLabs: dreaming big planning global domination and eyeing that IPO. It's a 'Blank Space' for them to write their own story. Will they succeed? Will they become the next tech giant? Only time will tell. But one thing's for sure: I'll be watching... and maybe buying some stock. After all who doesn't love a good success story? And if it all goes wrong? Well at least we'll have some good songs to write about it. 'Look What You Made Me Do?' Perhaps!


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