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ElevenLabs - About the company

ElevenLabs is a series D company based in London (United Kingdom), founded in 2022 by Mati Staniszewski, Piotr Dabkowski and Lucas Desiderio. It operates as an AI-based text to speech software. ElevenLabs has raised $811M in funding from investors like Andreessen Horowitz, Sequoia Capital and Iconiq Capital, with a current valuation of $11B. The company has 70 active competitors, including 8 funded and 2 that have exited. Its top competitors include companies like Speechify, InfoBay and Lovo AI.

Company Details

AI-based text to speech software. It is an AI audio platform creating realistic speech through Text-to-Speech technology. It offers research in Text to Speech, AI Voice Generator, and more. Its deep learning model lets the user voice anything from a sentence. Its cloning model learns speech profiles based on audio.
Social
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Email ID
*****@elevenlabs.io
Registered Address
GARDEN FLAT,106 CHESTERTON ROAD,LONDON,ENGLAND,W10 6EP
Key Metrics
Founded Year
2022
Location
Stage
Series D
Total Funding
$811M in 8 rounds
Latest Funding Round
Post Money Valuation
$11B as on Feb 05, 2026
Ranked
Employee Count
776 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
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ElevenLabs's funding and investors

ElevenLabs has raised a total funding of $811M over 8 rounds. Its first funding round was on Jan 25, 2023. Its latest funding round was a Series D round on Mar 12, 2026 for $20M. 1 investor participated in its latest round. ElevenLabs has 32 institutional investors and 16 angel investors.

Here is the list of recent funding rounds of ElevenLabs:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 12, 2026
$20M
Series D
-
-
-
Feb 04, 2026
$500M
Series D
-
-
Sep 23, 2025
$10M
Series C
-
-
-
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ElevenLabs' founders and board of directors

Founder? Claim Profile
The founders of ElevenLabs are Mati Staniszewski, Piotr Dabkowski and Lucas Desiderio. Mati Staniszewski is the CEO of ElevenLabs.
Here are the details of ElevenLabs' key team members:

ElevenLabs' employee count trend

ElevenLabs has 776 employees as of Mar 26. Here is ElevenLabs's employee count trend over the years:
Employee count trend for ElevenLabs
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ElevenLabs's Competitors and alternates

Top competitors of ElevenLabs include Speechify, InfoBay and Lovo AI. Here is the list of Top 10 competitors of ElevenLabs, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for ElevenLabs
ElevenLabs
2022, London (United Kingdom), Series D
AI-based text to speech software
$811M
77/100
2nd
Logo for Speechify
Speechify
2017, Miami (United States), Funding Raised
Provider of of text-to-speech software
-
62/100
3rd
Logo for InfoBay
InfoBay
Lucknow (India), Seed
Provider of curated datasets and benchmarks for artificial intelligence model training
$6.34M
58/100
4th
Logo for Lovo AI
Lovo AI
2019, Berkeley (United States), Seed
AI enabled platform offering voiceover solutions for applications
$6.5M
51/100
5th
Logo for Intella
Intella
2021, Riyadh (Saudi Arabia), Series A
Platform offering AI-based arabic speech intelligence
$16.9M
49/100
6th
Logo for Synthesys
Synthesys
2020, London (United Kingdom), Unfunded
Provider of a cloud-based text-to-speech platform for enterprises
-
-
40/100
7th
Logo for TensorGo
TensorGo
2023, Hyderabad (India), Unfunded
Provider of software & IoT development, computer vision, and IT consulting services
-
-
39/100
8th
Logo for Neural Space
Neural Space
2018, London (United Kingdom), Seed
Provider of AI-powered dubbing platform
$2.8M
36/100
9th
Logo for Peech
Peech
2021, Warsaw (Poland), Funding Raised
Platform offering text-to-speech solutions
-
35/100
10th
Logo for Cogknit Semantics
Cogknit Semantics
2009, Bengaluru (India), Seed
Learning solution for corporates
$1.07M
35/100
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ElevenLabs's Investments and acquisitions

ElevenLabs has made 3 investments including Insight Health, Murphy and Wondercraft. ElevenLabs has not made any acquisitions as of now.
Here is the list of its investments:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Apr 03, 2026
Investments
2023
Austin (United States)
Jul 14, 2025
Investments
2024
Barcelona (Spain)
Jan 29, 2024
Investments
2023
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Reports related to ElevenLabs

Here is the latest report on ElevenLabs's sector:

News related to ElevenLabs

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Media has covered ElevenLabs for a total of 91 events in the last 1 year, 45 of them have been about company updates and 14 about partnerships.
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