ElevenLabs — Startup Profile

AI voice infrastructure for creators, developers, and enterprise agents

HQ: London, UK / New York, NY | Founded: 2022 | Employees: Not publicly disclosed | Stage: Growth-stage, venture-backed | Website: https://elevenlabs.io

About

ElevenLabs develops AI research and products for generating, translating, and understanding audio. Its product serves creators through ElevenCreative, developers through developer tools, and businesses through conversational voice-agent products.

The Take

ElevenLabs has moved beyond impressive speech synthesis into a broader audio product. Its opportunity is to become the voice layer for software, media, and customer-service agents.

Its risks are model products becoming cheaper and more alike, consent and likeness disputes, and the cost of serving live audio at scale.

Key Metrics

• Founded: 2022
• Founders: Mati Staniszewski; Piotr Dabkowski
• Latest reported funding: $500M Series D
• Latest reported valuation: $11B

Funding Rounds

• Round: $500M (2026-02) — Sequoia Capital
• Round: $180M (2025-01) — Not fully disclosed in primary source

Key People

• Mati Staniszewski
• Piotr Dabkowski
• Ashley Kramer
• Alex Holt
• Carles Reina
• Luke Harries

Key Competitors

• OpenAI TTS / Realtime —
• Google Cloud TTS / Gemini —
• Deepgram (Aura-2) —
• Cartesia (Sonic-2) —
• Hume AI —
• PlayAI / Murf / Synthesia —

Timeline Highlights

• 2026-09-02: First CRO Hired
• 2026-05-05: Crosses $500M ARR
• 2026-02-04: Series D
• 2025-09-08: Employee Tender
• 2025-08: ElevenMusic Launch
• 2025-01-30: Series C
• 2024-11: Agents Platform Launch
• 2024-01-22: Series B
• 2023-06: Series A
• 2023-01: Public Beta Launch
• 2022: Company Founded

Recent News

• Nvidia-backed AI voice startup ElevenLabs hits $11 billion valuation in fresh fundraise, as it eyes IPO (2026-02-04)
• ElevenLabs, creator of Suno rival Eleven Music, tops $500M in annual revenue (2026-05-06)
• How a tiny Polish startup became the multi-billion-dollar voice of AI (2025-12-01)

Similar Startups

• OpenAI — Frontier AI lab building GPT-6 and ChatGPT, the world's most widely used AI assistant
• Replicate — Run open-source AI models in the cloud
• Modal — Serverless cloud compute for AI and data teams
• Caddy — Your Personal AI for everyday work. Lives in your texts.
• Scale AI — The Data Platform for AI.

Browse: Home | Blog | About | All Startups A-Z | View full profile on StartupWiki