About ElevenLabs
ElevenLabs is a company based in London (United Kingdom) founded in 2022 by Mati Staniszewski and Piotr Dabkowski.. ElevenLabs has raised $281 million across 6 funding rounds from investors including HubSpot, Storytel and RingCentral. ElevenLabs offers products and services including Text to Speech, Voice Cloning, Speech to Text, Dubbing, and Voice Changer. ElevenLabs operates in a competitive market with competitors including OpenAI, CallMiner, WellSaid Labs, Mistral AI and Speechify, among others.
- Headquarter London, United Kingdom
- Founders Mati Staniszewski, Piotr Dabkowski
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name River City Environmental Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$281 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
HubSpot
& 38 more
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Employee Count
Employee Count
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Products & Services of ElevenLabs
ElevenLabs offers a comprehensive portfolio of products and services, including Text to Speech, Voice Cloning, Speech to Text, Dubbing, and Voice Changer. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Converts written text into realistic spoken audio for various applications.
Generates custom voice replicas for personalized content creation.
Transcribes spoken audio into accurate written text efficiently.
Translates and dubs audio content while preserving original tone.
Alters voices for creative or practical audio modifications.
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Funding Insights of ElevenLabs
ElevenLabs has successfully raised a total of $281M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(25 Jan 2023)
- Investors Count 39
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2025 | Amount | Series C - ElevenLabs | Valuation |
investors |
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| Jun, 2025 | Amount | Series C - ElevenLabs | Valuation |
investors |
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| Jan, 2025 | Amount | Series C - ElevenLabs | Valuation | Iconiq Capital , a16z |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ElevenLabs
ElevenLabs has secured backing from 39 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include HubSpot, Storytel and RingCentral. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of investment management and real asset services
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ElevenLabs
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ElevenLabs
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elevenlabs Comparisons
Competitors of ElevenLabs
ElevenLabs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OpenAI, CallMiner, WellSaid Labs, Mistral AI and Speechify, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
OpenAI is engaged in developing advanced artificial intelligence technologies.
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| domain | founded_year | HQ Location |
Cloud and AI-based conversational analytics are delivered by CallMiner.
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| domain | founded_year | HQ Location |
AI platform for generating realistic voices in training, advertising, and video production.
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| domain | founded_year | HQ Location |
Custom AI solutions are built and deployed via the platform.
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| domain | founded_year | HQ Location |
AI-based reading assistant is offered for text-to-speech conversion.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Elevenlabs
Frequently Asked Questions about ElevenLabs
When was ElevenLabs founded?
ElevenLabs was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is ElevenLabs located?
ElevenLabs is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of ElevenLabs?
Mati Staniszewski is the current CEO of ElevenLabs. They have also founded this company.
Is ElevenLabs a funded company?
ElevenLabs is a funded company, having raised a total of $281M across 6 funding rounds to date. The company's 1st funding round was a Series C of $180M, raised on Jan 25, 2023.
What does ElevenLabs do?
ElevenLabs was founded in 2022 and is headquartered in London, United Kingdom. Operations center on an AI audio platform that utilizes text-to-speech technology. Realistic speech is produced via deep learning models, allowing users to generate audio from text inputs. Services encompass AI voice generation and speech cloning, where profiles are learned from provided audio samples. Research efforts are directed toward advancements in text-to-speech and related AI applications.
Who are the top competitors of ElevenLabs?
ElevenLabs's top competitors include OpenAI, Mistral AI and CallMiner.
What products or services does ElevenLabs offer?
ElevenLabs offers Text to Speech, Voice Cloning, Speech to Text, Dubbing, and Voice Changer.
Who are ElevenLabs's investors?
ElevenLabs has 39 investors. Key investors include HubSpot, Storytel, RingCentral, Nvidia, and Deutsche Telekom.
What is ElevenLabs's valuation?
The valuation of ElevenLabs is $100M as of May 2023.
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