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ElevenLabs - About the company

ElevenLabs is a series D company based in New York City (United States), founded in 2022 by Mati Staniszewski and Piotr Dabkowski. It operates as an AI platform for speech, voice cloning, music, and AI agents. ElevenLabs has raised $822M in funding from investors like Andreessen Horowitz, Sequoia Capital and Iconiq Capital, with a current valuation of $11B. The company has 50 active competitors, including 15 funded and 3 that have exited. Its top competitors include companies like Gnani, GreyLabs and Humanloop.

Company Details

AI platform for speech, voice cloning, music, and AI agents. It provides tools for creating realistic speech, converting text to natural-sounding audio, cloning voices, generating music and sound effects, and building conversational AI agents. It serves developers, enterprises, and creators through APIs and integrated products designed for applications such as content production, customer support automation, media localization, and interactive AI experiences.
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Email ID
*****@elevenlabs.io
Registered Address
Floor 4 33 Broadwick Street, London, England, W1F 0DQ
Key Metrics
Founded Year
2022
Location
New York City, United States
Stage
Series D
Total Funding
$822M in 9 rounds
Latest Funding Round
Post Money Valuation
$11B as on May 05, 2026
Ranked
Employee Count
1,313 as on Aug 31, 2026
Investment & Acquisitions
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ElevenLabs's funding and investors

ElevenLabs has raised a total funding of $822M over 9 rounds. Its first funding round was on Jan 25, 2023. Its latest funding round was a Series D round on Jun 17, 2026 for $11.5M. 1 investor participated in its latest round. ElevenLabs has 36 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
Jun 17, 2026
$11.5M
Series D
-
-
-
Mar 12, 2026
$20M
Series D
-
-
-
Feb 04, 2026
$500M
Series D
$11B
-
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ElevenLabs' founders and board of directors

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

ElevenLabs' employee count trend

ElevenLabs has 1,313 employees as of Aug 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 Gnani, GreyLabs and Humanloop. 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, New York City (United States), Series D
AI platform for speech, voice cloning, music, and AI agents
$822M
85/100
2nd
Logo for Gnani
Gnani
2016, Bengaluru (India), Series B
Developer of proprietary speech and language models for enterprise applications
$21.9M
64/100
3rd
Logo for GreyLabs
GreyLabs
2023, Mumbai (India), Series A
AI-powered speech analytics solutions for enterprises
$11.2M
60/100
4th
Logo for Humanloop
Humanloop
2020, London (United Kingdom), Seed
Provider of solutions to train and deploy NLP models
$2.85M
56/100
5th
Logo for Intella
Intella
2021, Riyadh (Saudi Arabia), Series A
Platform offering AI-based arabic speech intelligence
$16.9M
51/100
6th
Logo for Aiello
Aiello
2018, Neihu (Taiwan), Series A
Provider of an AI-driven platform for hotel guest experience management
$10.8M
47/100
7th
Logo for Mycroft
Mycroft
2015, Lawrence (United States), Series A
Provider of a natural language processing platform for speech recognition applications
$5M
44/100
8th
Logo for BabbleLabs
BabbleLabs
2018, Campbell (United States), Acqui-Hired
Provider of speech enhancement technologies for enterprises
$18M
41/100
9th
Logo for TensorGo
TensorGo
2023, Hyderabad (India), Unfunded
Provider of software & IoT development, computer vision, and IT consulting services
-
-
39/100
10th
Logo for Cogknit Semantics
Cogknit Semantics
2009, Bengaluru (India), Seed
Developer of artificial intelligence agents for speech vision and text
$1.07M
39/100
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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 98 events in the last 1 year, 42 of them have been about company updates and 19 about partnerships.
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FAQs about ElevenLabs

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