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.
Sectors and market segments that ElevenLabs operate in
ElevenLabs serves in the High Tech, Native AI market segments.The primary business model of ElevenLabs are:- High Tech > Generative AI > ***** **** > ***** ******
- Native AI > Generative AI > ***** **** > ***** ******
- High Tech > Natural Language Processing > ***** **** > ***** ******
- Native AI > Natural Language Processing > ***** **** > ***** ******
- High Tech > AI Infrastructure > ***** **** > ***** ******
- Native AI > AI Infrastructure > ***** **** > ***** ******
- Native AI > Voice AI > ***** **** > ***** ******
- Native AI > Artificial Intelligence > ***** **** > ***** ******
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.
- Website
- elevenlabs.io
- Email ID
- *****@elevenlabs.io
- Registered Address
- GARDEN FLAT,106 CHESTERTON ROAD,LONDON,ENGLAND,W10 6EP
Key Metrics
Founded Year
2022
Location
London, United Kingdom
Stage
Series D
Total Funding
$811M in 8 rounds
Latest Funding Round
Post Money Valuation
$11B as on Feb 05, 2026
Investors
Ranked
1st among 70 active competitors
Employee Count
776 as on Mar 31, 2026
Investment & Acquisitions
Legal entities associated with ElevenLabs
ElevenLabs is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ELEVEN LABS INC. CIN: 6741579 , United States, Active | Apr 18, 2022 | - | 98 (As on Dec 31, 2022) | - |
ELEVEN LABS LTD CIN: 13826669 , United Kingdom, Active | Jan 03, 2022 | - | 22 (As on Dec 31, 2024) |
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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:
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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 | - | - | - |
View details of ElevenLabs's funding rounds and investors
ElevenLabs' founders and board of directors
Founder? Claim ProfileThe 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:
- Mati Staniszewski: Co-Founder & CEO of ElevenLabs. They are also an angel investor in 14 startups.
- Piotr Dabkowski: Co-Founder & CTO of ElevenLabs. They are also an angel investor in 1 startup.Contact Info: 1 email address
- Lucas Desiderio: Founding GTM of ElevenLabs. Contact Info: 1 email address
View details of ElevenLabs's Founder profiles and Board Members
ElevenLabs' employee count trend
ElevenLabs has 776 employees as of Mar 26. Here is ElevenLabs's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | ElevenLabs 2022, London (United Kingdom), Series D | AI-based text to speech software | $811M | 77/100 | |
2nd | Speechify 2017, Miami (United States), Funding Raised | Provider of of text-to-speech software | - | 62/100 | |
3rd | Provider of curated datasets and benchmarks for artificial intelligence model training | $6.34M | 58/100 | ||
4th | Lovo AI 2019, Berkeley (United States), Seed | AI enabled platform offering voiceover solutions for applications | $6.5M | 51/100 | |
5th | Intella 2021, Riyadh (Saudi Arabia), Series A | Platform offering AI-based arabic speech intelligence | $16.9M | 49/100 | |
6th | Synthesys 2020, London (United Kingdom), Unfunded | Provider of a cloud-based text-to-speech platform for enterprises | - | - | 40/100 |
7th | Provider of software & IoT development, computer vision, and IT consulting services | - | - | 39/100 | |
8th | Neural Space 2018, London (United Kingdom), Seed | Provider of AI-powered dubbing platform | $2.8M | 36/100 | |
9th | Platform offering text-to-speech solutions | - | 35/100 | ||
10th | Cogknit Semantics 2009, Bengaluru (India), Seed | Learning solution for corporates | $1.07M | 35/100 |
Looking for more details on ElevenLabs's competitors? Click here to see the top ones
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 | London (United Kingdom) |
Reports related to ElevenLabs
Here is the latest report on ElevenLabs's sector:
News related to ElevenLabs
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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Evolutio and ElevenLabs to Enhance Digital Experience with Agentic Conversational AIEuropa Press•Apr 10, 2026•ElevenLabs, Evolutio
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Smartschool Secures $3 Million to Develop AI Tutor for American EducationMy Company Polska•Apr 04, 2026•ElevenLabs, Snowflake, Andreessen Horowitz, Inovo Venture Partners and 1 other
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Insight Health Raises $11M Series A Led by Standard CapitalBakersfield•Apr 03, 2026•Insight Health, Standard Capital, 43, ElevenLabs and 3 others
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EasyCall to Develop Voicebots in Poland Using ElevenLabs VoicesInwestycje.pl•Mar 20, 2026•ElevenLabs, EasyCall Cloud
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Robinhood Ventures Fund I Announces Investments in Stripe and ElevenLabsGlobeNewswire•Mar 17, 2026•ElevenLabs, Robinhood, Stripe, Badge and 4 others
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Nvidia Forecasts Trillion-Dollar Sales at Annual Product ExpoBusiness Line•Mar 17, 2026•Nvidia, IBM, ElevenLabs, Marvell
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Eleven Labs to Produce AI-Narrated Audiobooks from BookwirePublishers Marketplace•Mar 06, 2026•ElevenLabs, Bookwire
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Meta inks yet another AI chip deal, this time with GoogleSeeking Alpha•Feb 27, 2026•Meta, Google, ElevenLabs, Google Cloud and 9 others
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