ElevenLabs
AI platform that generates lifelike voices, sound effects, and audio content.
- Founded
- 2022
- Headquarters
- New York, NY
- Latest Round
- Series D
- Est. Valuation
- ~$11,000M
Investment Thesis
ElevenLabs builds frontier AI audio models, starting with industry-leading text-to-speech and voice cloning technology. Founded by childhood friends Mati Staniszewski and Piotr Dabkowski, the company was inspired by the poor dubbing quality of content in their native Poland. Their platform enables developers and creators to generate realistic speech in dozens of languages, clone voices, and produce sound effects and music.
ElevenLabs has rapidly scaled to become the dominant player in AI-generated audio, expanding from voice synthesis into a full suite of audio AI tools including dubbing, sound effects, and conversational AI agents. The company is valued at $11 billion following its Series D and is eyeing a potential IPO.
Content creators, developers, and enterprises need realistic AI-generated speech, but existing TTS sounds robotic and can't capture emotion, accent, or personality across languages.
Frontier audio AI models that generate human-quality speech, clone any voice, dub video into 32 languages, create sound effects, and power conversational agents — all via API.
AI content creation is exploding across video, podcasts, gaming, and customer service; voice is the last frontier where quality hadn't matched text and image generation until now.
$330M+ revenue in 2025 with millions of creators on the platform, powering dubbing and voice for studios and enterprises worldwide, valued at $11B with an IPO on the horizon.
Childhood friends Mati Staniszewski (CEO, ex-Google/Palantir) and Piotr Dabkowski (CTO, ex-Google ML) bonded over awful Polish dubbing and built the most natural-sounding AI voices in the world.