AI audio company
ElevenLabs
ElevenLabs is an AI audio company that builds text-to-speech, speech-to-text, voice cloning, dubbing and music models. It released its first text-to-speech model, Eleven v1, in 2022. Its products are ElevenCreative for creators, ElevenAgents for voice agents and ElevenAPI for developers. Mati Staniszewski is cofounder and CEO.
Last reviewed 28 Oct 2026
Facts at a glance
| Type | AI audio models and voice agent platform |
|---|---|
| Founded | 2022 (first funding round and Eleven v1) source |
| CEO | Mati Staniszewski (cofounder) |
| Valuation | $22 billion in a $300 million employee tender offer announced 30 September 2026 source |
| Enterprise share of revenue | 55% (company figure, September 2026) source |
| Latest model covered here | Eleven v4 and Eleven v4 Turbo, released 28 September 2026 source |
Questions people ask
- What does ElevenLabs make?
- AI audio models for text to speech, speech to text, voice cloning, dubbing, sound effects and music, plus ElevenAgents, a platform for voice agents, and ElevenAPI for developers.
- How much is ElevenLabs valued at?
- ElevenLabs said on 30 September 2026 that a $300 million employee tender offer valued it at $22 billion, double its Series D valuation in February 2026.