ElevenLabs
Funding History
| Series A · 06/2023 | $99M |
|---|---|
| Series C · 01/2025 | $3.3B |
| Series D · 02/2026 | $11.0B |
About
ElevenLabs is an AI audio company founded in 2022 by Mati Staniszewski and Piotr Dąbkowski, building models for natural-sounding speech synthesis, voice cloning, dubbing, music generation, and conversational voice agents.
- CEO
- Mati Staniszewski
- Employees
- 800
- Headquarters
- London, UK / New York, NY
- Founded
- 2022
- Website
- elevenlabs.io
Overview
ElevenLabs is an AI audio company founded in 2022 by childhood friends Mati Staniszewski and Piotr Dąbkowski, who grew up in Poland and now run the company from offices in London and New York. The company builds AI models for natural-sounding speech synthesis, voice cloning, dubbing, music generation, and conversational voice agents.
The platform has attracted more than a million users since its public launch in January 2023. ElevenLabs closed 2025 with annual recurring revenue reported between roughly $330 million and $350 million depending on the source, and by mid-2026 the company said ARR had surpassed $500 million, with large organizations making up a growing share of that revenue. Enterprise customers cited by the company include Nvidia, Stripe, Klarna, and Deutsche Telekom.
In February 2026, ElevenLabs raised a $500 million Series D round led by Sequoia Capital at an $11 billion post-money valuation, more than tripling the $3.3 billion valuation it carried a year earlier. In September 2026 the company hired former Adyen CFO Ethan Tandowsky, a move tied to CEO Mati Staniszewski's stated goal of being IPO-ready within two to three years, with the company weighing a dual listing that could include the Warsaw Stock Exchange.
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