ElevenLabs
AI voice cloning and speech synthesis platform
AI
📍 London, UK
Founded 2022
Current Valuation
$3.3B
as of 2025-Q1
UNICORN
ElevenLabs is the AI voice cloning and speech synthesis leader. Its Series C closed at a $3.3B primary valuation in January 2025, with subsequent private share sales reportedly valuing the company at over $6B. Founded by ex-Google and ex-Palantir engineers, ElevenLabs powers voiceover for media studios, accessibility apps, audiobook publishers, and conversational AI agents — and has become the de-facto API for high-fidelity TTS.
Company Profile
Growth
Rapid ARR growth, secondary at $6B+
Last Round
Series C — $180M (Jan 2025) · Lead: Andreessen Horowitz / ICONIQ
IPO Status
no imminent plans
Founders & Key People
Mati StaniszewskiPiotr Dabkowski
Investors
Andreessen Horowitz · ICONIQ Capital · Sequoia Capital · Nat Friedman · Daniel Gross · NEA · Smash Capital
Products
- Voice cloning (text-to-speech)
- Dubbing Studio (video translation)
- Voice library (10K+ voices)
- Conversational AI agents
- ElevenLabs Reader (audiobook app)
Competitors
PlayHT · Murf · Resemble AI · OpenAI (TTS) · Suno · Cartesia
AIGenerative AudioVoiceUnicorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q1. Refreshed quarterly.