ElevenLabs raises $500M at $11 billion valuation, more than tripling value in one year
11 Sources
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ElevenLabs raises $500M from Sequioia at a $11 billion valuation | TechCrunch
Voice AI company ElevenLabs said today it raised $500 million in a new funding round led by Sequoia Capital, which was an investor in the startup's last secondary round through a tender. Sequoia partner Andrew Reed is joining the company's board. The startup is now valued at $11 billion, more
[2]
AI Startup ElevenLabs More Than Triples Valuation to $11 Billion
ElevenLabs, a startup using artificial intelligence to create a wide range of realistic voices, has more than tripled its valuation from a year ago to $11 billion in a fundraising round. The company is raising $500 million in a round led by Sequoia Capital, with investors Andreessen Horowitz and
[3]
ElevenLabs secures $11 billion valuation in latest funding round
Feb 4 (Reuters) - AI voice generation firm ElevenLabs said on Wednesday it had secured an $11 billion valuation after raising $500 million in its latest funding round, signaling strong investor enthusiasm for the startup's prospects. The latest round, led by Sequoia Capital, more than triples the
[4]
Nvidia-backed AI voice startup ElevenLabs hits $11 billion valuation in fresh fundraise, as it eyes IPO
'We can create amazing experiences with big music labels', says ElevenLabs CEO Founded in 2022, the London-based company initially developed AI text-to-speech models, before expanding into areas such as speech-to-text, sound effects, dubbing, music and conversation. It sells products enabling
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ElevenLabs hit $11bn valuation with $500m series D funding round
From left ElevenLabs co-founders Piotr Dąbkowski and Mati Staniszewski. Image: ElevenLabs Once somewhat of an outcast in Hollywood, today ElevenLabs counts some big stars on its roster, and it has just raised a $500m series D round. ElevenLabs has raised $500m in a Series D funding round led by
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Voice AI startup ElevenLabs more than triples valuation in $500M round - SiliconANGLE
Voice AI startup ElevenLabs more than triples valuation in $500M round ElevenLabs Inc., a startup that develops artificial intelligence models optimized to generate and transcribe speech, has raised $500 million in funding. Sequoia Capital led the Series D investment. It was joined by Andreessen
[7]
ElevenLabs raises $500M at $11 billion valuation led by Sequoia
Voice AI company ElevenLabs has raised $500 million in a new funding round led by Sequoia Capital, which also participated in the company's last secondary round through a tender offer. As part of the deal, Sequoia partner Andrew Reed is joining the company's board. The latest financing values
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Mati Staniszewski and Piotr Dabkowski Triple ElevenLabs' Valuation to $11 Billion, Solidifying Their Grip on A.I. Voice
Mati Staniszewski and Piotr Dabkowski's ElevenLabs is everywhere. Matthew McConaughey uses ElevenLabs to power the Spanish-language version of his personal newsletter. Masterclass uses ElevenLabs to give A.I. versions of its instructors a voice. Even the Ukrainian government uses ElevenLabs to add
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ElevenLabs raises $500 million at $11 billion valuation, WSJ reports
Voice-cloning AI startup ElevenLabs has secured an $11 billion valuation after raising $500 million in its latest funding round. The latest round more than triples the company's $3.3 billion valuation from January 2025, when ElevenLabs raised $180 million. Voice-cloning AI startup ElevenLabs has
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ElevenLabs Lands $500 Million to Expand AI Voice Platform | PYMNTS.com
By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions. The funding round was led by Sequoia Capital, with participation from
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ElevenLabs raises $500M at $11B valuation
AI voice startup ElevenLabs has raised $500M in a Series D funding round led by Sequoia Capital, valuing the company at $11B, according to CEO Mati Staniszewski. Andreessen Horowitz and investment firm Iconiq also participated in the new funding round, Staniszewski Rapid enterprise adoption,
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Voice AI company ElevenLabs has secured $500 million in a funding round led by Sequoia Capital, pushing its valuation to $11 billion—more than three times its $3.3 billion valuation from January 2025. The London-based startup closed 2025 with over $330 million in annual recurring revenue and plans to expand beyond voice into AI agents that can talk, type, and take action while pursuing an IPO.
ElevenLabs Secures $500 Million Fundraise Led by Sequoia Capital
ElevenLabs announced it raised $500 million in a funding round led by Sequoia Capital, with partner Andrew Reed joining the company's board
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. The AI voice startup now carries an $11 billion valuation, marking a dramatic surge from its $3.3 billion valuation in January 20253
. This represents the company's Series D funding round and brings its total capital raised to over $781 million since its 2022 founding1
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Source: Observer
The Sequoia Capital led funding attracted significant participation from both existing and new investors. Andreessen Horowitz quadrupled its investment amount, while ICONIQ, which led the previous round, tripled its stake
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. Lightspeed Venture Partners, Evantic Capital, and BOND joined as new investors, alongside prior backers including BroadLight, NFDG, Valor Capital, AMP Coalition, and Smash Capital1
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.Text-to-Speech Technology Drives Strong Annual Recurring Revenue Growth
Founded by Piotr Dabkowski and CEO Mati Staniszewski, the London-based company initially developed AI text-to-speech models before expanding into speech-to-text, sound effects, dubbing, music, and conversation
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. The company closed 2025 with over $330 million in annual recurring revenue, demonstrating rapid growth momentum1
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. In an earlier interview, Staniszewski revealed it took ElevenLabs just five months to climb from $200 million to $300 million in annual recurring revenue1
. The CEO told the Wall Street Journal he aims to double the current revenue figure this year3
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Source: Seeking Alpha
International Market Expansion and AI Agents Development Plans
ElevenLabs plans to use the funding for research and product development, along with international market expansion in India, Japan, Singapore, Brazil, and Mexico
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. The company is establishing go-to-market teams across London, New York, San Francisco, Warsaw, Dublin, Tokyo, Seoul, Singapore, Bengaluru, Sydney, São Paulo, Berlin, Paris, and Mexico City to support enterprise adoption5
. Co-founder Staniszewski indicated the company might work on AI agents development beyond voice and incorporate video, building on a January partnership with LTX to produce audio-to-video content1
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Source: ET
"The intersection of models and products is critical - and our team has proven, time and again, how to translate research into real-world experiences. This funding helps us go beyond voice alone to transform how we interact with technology altogether. We plan to expand our Creative offering - helping creators combine our best-in-class audio with video and Agents - enabling businesses to build agents that can talk, type, and take action," Staniszewski said
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.Related Stories
Enterprise Adoption and Strategic Partnerships Drive Growth
The company's growth has been fueled by enterprise adoption from major corporations including Deutsche Telekom, Deliveroo, Revolut, and the Ukrainian government
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. Tech giants like Meta, Salesforce, and Nvidia use its voice infrastructure to develop products and experiences4
. The company sells products enabling enterprises to deploy voice and chat agents, as well as a platform for brands and creators to generate and localize audio, used by publisher Time and chip giant Nvidia4
. The funding comes as ElevenLabs benefits from the viral popularity of the OpenClaw ecosystem, where users integrate the company's voice models to build self-hosted personal AI agents3
.Voice Cloning Controversy and Path to IPO
The company's voice cloning capabilities faced early challenges after being adopted by scammers to create deepfakes, prompting managers to crack down more aggressively on users who abused the generative AI technology
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. One user was suspended in 2024 for creating an audio deepfake of former US President Joe Biden urging people not to vote in the New Hampshire primary. After settling a lawsuit with voice actors, the company launched its Iconic Marketplace in November 2025, adding actors Michael Caine and Matthew McConaughey to its roster5
. Staniszewski confirmed the company is building towards an IPO4
. The industry has seen strong investor enthusiasm, with rival Deepgram raising $130 million from AVP at a $1.3 billion valuation in January, while Google hired top talent from voice model company Hume AI, including CEO Alan Cowen1
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