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ElevenLabs
Unicorn · $11BLondon, GB · Founded 2022 · 1,271 employees on LinkedIn · 70 known investors
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ElevenLabs is an AI research and product company that builds voice generation and audio processing platforms for creating human-like voice interactions with technology. The company serves individuals with accessibility needs, nonprofits, and general users across healthcare, education, and culture.
Also known as Eleven · Eleven Labs · Eleven Labs Inc. · Eleven Labs, Inc. · ElevenLabs · ElevenLabs Inc.
Founders & leadership
ElevenLabs was founded in 2022 by Mati Staniszewski, Piotr Dabkowski, Hannah C, and Mateusz Jakub Staniszewski.
Board
Investors · 70
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Also in the syndicate · 17
Funding
SEC filings, press & company announcements$518.5M disclosed across 2 of 11 rounds · 2023–2026
- $500MSeries DFeb 2026 · 2 sources
Sequoia Capital (lead), AMP Coalition, Andreessen Horowitz, BOND, BroadLight, Evantic Capital, ICONIQ, Lightspeed Venture Partners, NFDG, Smash Capital, Valor Capital
Source ↗ - Undisclosed amountSeries CJan 2025Source ↗
▶$18.5MraisedMay 2023 · 4 investors · Other TechnologyRule 506(b)
- Piotr DabkowskiDirector
- Mateusz StaniszewskiExecutive Officer, Director
- Jennifer LiDirector
- Offering amount
- $19.3M
- Amount sold
- $18.5M
- First sale
- May 2023
- Incorporated
- Corporation, Delaware, 2022
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Company profile
researched Aug 2026ElevenLabs Inc. is a software company specializing in natural-sounding speech synthesis built with deep learning. Founded in 2022 by Piotr Dąbkowski (CTO) and Mati Staniszewski (CEO), it is legally incorporated in the US, is based in London and maintains offices in New York City, Warsaw and San Francisco. Its name derives from 11 November, the date of Poland's National Independence Day, combined with "Labs" to signal its research and development orientation.
The company began with a text-to-speech model and has since extended its research across speech-to-text, sound effects, dubbing, music and conversational models. Products are packaged into three lines: ElevenCreative, a platform to generate, edit and localize speech, video, music and sound effects across more than 70 languages; ElevenAgents, a platform for configuring, deploying, testing and monitoring voice and chat agents across phone, chat, email and WhatsApp with analytics, guardrails and workflow tooling; and ElevenAPI, a set of developer APIs covering text to speech (Eleven Flash, Eleven Multilingual, Eleven v3), speech to text (Eleven Scribe) and music generation. Other listed products and features include Eleven Music, Scribe v2 Realtime, Agent Workflows, Productions, 11ai, the Voice Library of community-created voices, VoiceLab voice cloning, and an AI Speech Classifier released on 20 June 2023 to detect whether an audio sample was generated with ElevenLabs technology. A consumer mobile app for AI voice, image and video generation is distributed on Google Play under the developer name Eleven Labs Inc.
Earlier product documentation describes Projects, a long-form text-to-audio workflow for books, scripts and articles supporting .epub, .pdf, .txt and URL inputs, with speaker assignment, pacing control, selective regeneration and website embedding via Audio Native.
Compiled by commissioned research from 13 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
The ElevenLabs mafia →8 people who came through ElevenLabs went on to found or lead other companies.
Related companies · 7
Companies working in the same space as ElevenLabs.
Timeline · 14
launches, deals, and filingsThird close of the Series D added BlackRock, Wellington, D.E. Shaw, Schroders, NVIDIA (via NVentures), Salesforce, Deutsche Telekom and Santander, bringing total funding to over $850 million.
$70M source ↗
An undisclosed buyer completed the acquisition of an unknown minority stake in Eleven Labs Inc. from Flat Capital AB (publ), part of a broader divestment of Flat Capital's AI and software holdings totalling SEK 720 million.
Pledged to commit $1 billion in free restoration voice technology to 1 million people living with permanent voice loss.
$1B source ↗
Led by Sequoia Capital; a16z quadrupled its stake and ICONIQ tripled down, with new investors Lightspeed Venture Partners, BOND and Evantic Capital.
$500M source ↗
Reported plans for global expansion with new hubs in Paris, Singapore, Brazil and Mexico, alongside IPO preparation within five years per the CEO.
Opened a tender offer allowing employees with at least one year of tenure to sell shares at a $6.6 billion valuation; reported at about $100 million with Sequoia, ICONIQ and a16z participating.
$100M source ↗
Co-led by a16z and ICONIQ Growth with NEA, World Innovation Lab, Valor, Endeavor Catalyst Fund and Lunate, plus strategic investors Deutsche Telekom, LG Technology Ventures, HubSpot Ventures, NTT DOCOMO Ventures and RingCentral Ventures.
$180M source ↗
Led by Andreessen Horowitz, Nat Friedman, Daniel Gross and Sequoia Capital; announced alongside Voice Marketplace, AI Dubbing Studio and a mobile app.
$80M source ↗
AI-generated robocalls impersonating Joe Biden urged voters to skip the New Hampshire Democratic primary. The state attorney general's office opened an investigation and linked the calls to a Texas-based company; audio experts concluded the call was made using ElevenLabs technology. The CEO said the company is dedicated to preventing misuse of audio AI tools.
Released an API-accessible tool to determine whether an uploaded audio sample was generated using the company's technology; the company claimed it was the first of its kind.
Co-led by Andreessen Horowitz, Nat Friedman and Daniel Gross; Andreessen Horowitz joined the board.
$19M source ↗
Pre-seed round primarily led by Credo Ventures with Concept Ventures participating.
$2M source ↗
ElevenLabs publicly released its beta text-to-speech platform, allowing users to generate audio from text using default voices, with paid users able to upload custom voice samples.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureCompanies House · registry record
View on Companies House ↗- Registered name
- ELEVEN LABS LTD
- Company number
- 13826669
- Status
- Active
- Company type
- Private limited company
- Incorporated
- 4 Jan 2022
- Registered office
- Floor 4 33 Broadwick Street, London, W1F 0DQ
- Nature of business (SIC)
- 62012 — Business and domestic software development62090 — Other information technology service activities
- Accounts
- last made up to 31 Dec 2025 · next due 30 Sept 2027
- Confirmation statement
- last made up to 29 Aug 2025 · next due 12 Sept 2026
Current officers · 2
- Piotr Dabkowski — director, appointed 4 Jan 2022
- Mateusz Jakub Staniszewski — director, appointed 4 Jan 2022
Source: Companies House public register · retrieved 23 Aug 2026. Contains public sector information licensed under the Open Government Licence v3.0.
In the news
AI voice startup ElevenLabs doubles valuation to $22Btechcrunch.com · Sep 2026
ElevenLabs - Wikipediaen.wikipedia.org · Aug 2026▸Research sources · 13
primary sources listed
- ElevenLabselevenlabs.io · web
- Eleven Labs Valuation, Share Price Estimates & Funding History | Public.compublic.com · web
13 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does ElevenLabs do?
- AI research and product company building speech synthesis, audio models and conversational voice agents.
- Who founded ElevenLabs?
- ElevenLabs was founded by Mati Staniszewski, Piotr Dabkowski, Hannah C, Mateusz Jakub Staniszewski in 2022.
- Who are ElevenLabs's investors?
- ElevenLabs's investors include Air Street Capital, Alkeon Innovation, Andreessen Horowitz, Anti, Aspire11, Bond Capital Management, BroadLight Capital, Concept Ventures and 45 more.
- How much funding has ElevenLabs raised?
- ElevenLabs has disclosed $518.5M raised across 2 of its 11 known rounds.
- Where is ElevenLabs headquartered?
- ElevenLabs is headquartered in London, GB.