ElevenLabs
AI Voice Synthesis
Valuation
$11B (Feb 2026, Series D)
Total Funding
$1B+
Revenue
$500M+ ARR (Apr 2026, added $100M net new ARR in Q1 2026 alone)
Profit Status
Growing rapidly toward profitability; eyeing IPO
Employees
~600
About ElevenLabs
ElevenLabs develops the most realistic AI voice synthesis technology available. Their models capture emotional nuance, accent, and prosody at a level indistinguishable from humans.
Company History
Founded 2022 in Warsaw. Unicorn Jan 2024. $180M Series C at $3.3B Jan 2025. Eleven v3 launched Feb 2026 (70+ languages, multi-character dialogue tags). Conversational AI 2.0 Jan 2026. $500M Series D (Sequoia led, NVIDIA, Salesforce, BlackRock) at $11B Feb 4, 2026. $500M+ ARR by Apr 2026. 41% of Fortune 500 use ElevenLabs. IPO target within 2-3 years.
AI Models & Benchmarks
Most expressive TTS model. Emotions, pacing, emphasis, dynamic delivery. 32 languages.
Ultra-low latency (75ms) for real-time voice agent applications.
28 languages with human-level emotion and prosody. Industry-leading quality.
Generate completely synthetic voices from text description.
Products & Services
Company Details
Focus Area
AI Voice Synthesis
Stage
Founded
2022
Headquarters
New York, NY
Employees
~600
Financial Overview
Total Funding
$1B+
Valuation
$11B (Feb 2026, Series D)
Revenue
$500M+ ARR (Apr 2026, added $100M net new ARR in Q1 2026 alone)
Profit Status
Growing rapidly toward profitability; eyeing IPO
Funding Rounds
- Series A$19MJun 2023a16z, Nat Friedman
- Series B$80MJan 2024a16z, ICONIQ Growth
- Series C$180MJan 2025a16z, ICONIQ
- Series D$500MFeb 2026Sequoia Capital (lead), NVIDIA
Key Investors
Key People
- Mati Staniszewski (CEO)
- Piotr Dąbkowski (CTO)