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Seed

Wondercraft secures $3m in seed funding led by Will Ventures to expand its audio platform.

The seed round was led by Will Ventures and backed by Y Combinator, ElevenLabs, and Steven Bartlett.

$3.0MSeed

≈ £2.4M at $1 = £0.7865 on 29 Jan 2024

London-based developer of an artificial intelligence audio platform that allows users to produce studio-quality content through text input.

Wondercraft has secured $3m in seed funding to scale its audio production platform. The round was led by Will Ventures, with participation from Y Combinator, ElevenLabs, Steven Bartlett, and various angel investors.

The capital will be directed towards product development and expanding the platform's capabilities. Founded by former Palantir engineers alongside media industry executives, the company provides tools for creating podcasts, ads, and audiobooks without traditional studio equipment.

Since its beta launch in 2023, the platform has attracted tens of thousands of users, including prominent media brands. The funding aims to support its continued growth within the creator economy.


Use of funds

  1. 01Continue product development

Investors

WV

Will Ventures

Y Combinator

Y Combinator

E

ElevenLabs

SB

Steven Bartlett


Categories

AI/ML

About the company

W

Wondercraft

Wondercraft builds an artificial intelligence platform for creating and translating audio content.

London, UK Founded 2023
$3.0MRaised