ElevenLabs Funding History

ElevenLabs is a US voice AI company that provides text-to-speech, voice cloning, dubbing, transcription and conversational agent products and APIs.

Company Overview

  • Speech Models
  • Voice Services & Applications

Founded 2022 · London, UK (US headquarters: New York)

Official Website

ElevenLabs Funding Timeline

  1. Announced Feb 4, 2026

    Series D

    US$500 million

    The financing supported ElevenAgents for enterprise workflows and further research in conversational voice and dubbing.

    Led by Sequoia Capital.

    Source · elevenlabs.io ↗
  2. Announced Jan 30, 2025

    Series C

    US$180 million

    ElevenLabs said it would fund research into more expressive voice models and expand its tools for developers and businesses.

    Led by ICONIQ Growth.

    Source · elevenlabs.io ↗
  3. Announced Jan 22, 2024

    Series B

    US$80 million

    Alongside the financing, ElevenLabs previewed Dubbing Studio, a tool for adapting video audio for other languages.

    Led by Andreessen Horowitz, Nat Friedman, Daniel Gross. Participation included Sequoia Capital, SV Angel, Smash Capital, Broadlight Capital, Credo Ventures.

    Source · elevenlabs.io ↗
  4. Announced Jun 20, 2023

    Series A

    US$19 million

    The company announced new generative voice products alongside the financing and said the proceeds would support voice AI research.

    Led by Nat Friedman.

    Source · elevenlabs.io ↗

ElevenLabs Founding Team

Mati Staniszewski and Piotr Dąbkowski grew up in Poland and met as teenagers in Warsaw. Their experience hearing the same voice read over foreign-language films helped inspire their work on AI dubbing and speech.

ElevenLabs Products

  • ElevenLabs

    Create speech from text, clone a voice or dub recorded content into another language.

  • ElevenLabs Agents

    Build and test voice agents that can take calls over the phone.

  • ElevenReader by ElevenLabs

    Listen to articles, PDFs and ebooks read aloud.

ElevenLabs Company Development

Voice Generation Became a Two-Way Interface

ElevenLabs’ text-to-speech and voice cloning work expanded into transcription and conversational agents. A voice system can now use the same vendor for listening and responding as well as producing recorded audio for dubbing or narration.

ElevenLabs Competitive Landscape

A Speech Service or a Conversation Stack

ElevenLabs and Deepgram overlap in speech technology. ElevenLabs’ product range includes synthetic voices, dubbing and conversational agents, while Deepgram’s offering is strongly associated with speech recognition and real-time voice APIs. Test the full conversation loop when both recognition and synthesis affect the outcome.