ElevenLabs Valued at $11 Billion After Landmark Funding Round
In a major coup for the A.I. industry, ElevenLabs, a company co-founded by Mati Staniszewski and Piotr Dabkowski, has secured $500 million in funding, valuing the venture at an eye-watering $11 billion. The latest round of investment, led by Sequoia and supported by influential backers like Andreessen Horowitz and Iconic, marks a significant milestone for ElevenLabs, which has established itself as the go-to authority on A.I. voice generation.
The company's journey began in 2022 with a focus on text-to-speech A.I. models, but it has since expanded its offerings to include conversational technology, dubbing, and sound effects. With its unique approach to A.I.-powered voices, ElevenLabs has secured partnerships with some of the biggest names in the industry, including Masterclass, which uses the company's A.I. agents to provide interactive learning experiences.
ElevenLabs' influence extends beyond the tech world, too. The Ukrainian government has adopted the company's technology to enhance public services, and Hollywood has taken notice, with the Iconic Voice Marketplace becoming a sought-after platform for authorized use of A.I.-generated celebrity voices.
The venture's rapid growth has also made it a target for big-name backers. With its valuation now more than triple that of last year's $3.3 billion figure, ElevenLabs is well on its way to cementing its position as the leading player in A.I. voice generation.
The company's CEO, Mati Staniszewski, hailed the funding round as a major success, stating that "when we started ElevenLabs, we couldn’t have imagined the scale and impact we’ve reached today... Yet we stay hungry, knowing how early this space is, as we build toward IPO and beyond."
With fresh funding in hand, Staniszewski and Dabkowski are now poised to bolster their roster of conversational A.I. agents, making them faster, more interactive, and more expressive. The possibilities for ElevenLabs' technology are vast, with potential applications across multiple industries.
As the A.I. industry continues to balloon from $4.1 billion in 2025 to $20.7 billion by 2031, ElevenLabs is well-positioned to reap the rewards. With its unique approach and expanding reach, the company is set to play a major role in shaping the future of A.I.-powered voices.
The news marks a significant milestone for ElevenLabs, which has already made a name for itself as one of the most dominant players in the A.I. space. As the venture continues to grow and expand its operations, one thing is certain: Mati Staniszewski and Piotr Dabkowski are at the forefront of a revolution that will change the way we interact with technology forever.
In a major coup for the A.I. industry, ElevenLabs, a company co-founded by Mati Staniszewski and Piotr Dabkowski, has secured $500 million in funding, valuing the venture at an eye-watering $11 billion. The latest round of investment, led by Sequoia and supported by influential backers like Andreessen Horowitz and Iconic, marks a significant milestone for ElevenLabs, which has established itself as the go-to authority on A.I. voice generation.
The company's journey began in 2022 with a focus on text-to-speech A.I. models, but it has since expanded its offerings to include conversational technology, dubbing, and sound effects. With its unique approach to A.I.-powered voices, ElevenLabs has secured partnerships with some of the biggest names in the industry, including Masterclass, which uses the company's A.I. agents to provide interactive learning experiences.
ElevenLabs' influence extends beyond the tech world, too. The Ukrainian government has adopted the company's technology to enhance public services, and Hollywood has taken notice, with the Iconic Voice Marketplace becoming a sought-after platform for authorized use of A.I.-generated celebrity voices.
The venture's rapid growth has also made it a target for big-name backers. With its valuation now more than triple that of last year's $3.3 billion figure, ElevenLabs is well on its way to cementing its position as the leading player in A.I. voice generation.
The company's CEO, Mati Staniszewski, hailed the funding round as a major success, stating that "when we started ElevenLabs, we couldn’t have imagined the scale and impact we’ve reached today... Yet we stay hungry, knowing how early this space is, as we build toward IPO and beyond."
With fresh funding in hand, Staniszewski and Dabkowski are now poised to bolster their roster of conversational A.I. agents, making them faster, more interactive, and more expressive. The possibilities for ElevenLabs' technology are vast, with potential applications across multiple industries.
As the A.I. industry continues to balloon from $4.1 billion in 2025 to $20.7 billion by 2031, ElevenLabs is well-positioned to reap the rewards. With its unique approach and expanding reach, the company is set to play a major role in shaping the future of A.I.-powered voices.
The news marks a significant milestone for ElevenLabs, which has already made a name for itself as one of the most dominant players in the A.I. space. As the venture continues to grow and expand its operations, one thing is certain: Mati Staniszewski and Piotr Dabkowski are at the forefront of a revolution that will change the way we interact with technology forever.