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ElevenLabs

PrivateRank #18 by valueUnited KingdomFounded 2022elevenlabs.io

AI audio company developing generative speech, voice cloning, speech-to-text, dubbing, music, sound effects, and conversational-agent platforms for enterprises, creators, and developers.

AI valuation
$22B*100%increase
Sep 30, 2026 · ElevenLabs
Change vs Feb 4, 2026

September 20264

Sep 30, 2026$300 million tender values ElevenLabs at $22 billionElevenLabs Platform · $300M · $22B* valuation

A $300 million employee tender offer led by Wellington and T. Rowe Price valued ElevenLabs at $22 billion.

Sep 28, 2026Eleven v4 Turbo releasedEleven v4 Turbo

ElevenLabs released the low-latency Turbo variant of Eleven v4.

Sep 28, 2026Eleven v4 and v4 Turbo releasedEleven v4

ElevenLabs released Eleven v4 and v4 Turbo, its most expressive and fastest text-to-speech generation.

Sep 10, 2026Universal Music Group strategic agreementElevenCreative

Universal Music Group and ElevenLabs announced a multi-year strategic agreement.

August 20261

Aug 24, 2026ElevenLabs CLI v1 releasedElevenLabs CLI · 1

ElevenLabs released version 1 of its command-line interface.

June 20264

Jun 30, 2026Procedures launched in ElevenAgentsProcedures

ElevenLabs introduced Procedures for structured, governed agent execution.

Jun 22, 2026Ads Engine launchedAds Engine

ElevenLabs launched Ads Engine in ElevenCreative.

Jun 8, 2026UK Government partnership announcedElevenLabs for Government

ElevenLabs partnered with the UK Government to bring voice AI to public services.

Jun 4, 2026Flows Agent launchedFlows Agent

ElevenLabs launched Flows Agent in ElevenCreative for multi-step creative production.

May 20263

May 28, 2026Dubbing v2 releasedDubbing v2

ElevenLabs released Dubbing v2 with improved localization and voice preservation.

May 26, 2026Eleven Music v2 releasedEleven Music v2

ElevenLabs released its second-generation music model.

May 5, 2026ElevenLabs crosses $500 million ARRElevenLabs Platform · $500M ARR

ElevenLabs reported surpassing $500 million in annual recurring revenue during the first four months of 2026.

April 20262

Apr 29, 2026ElevenMusic application launchedElevenMusic

ElevenLabs launched ElevenMusic as a dedicated music-creation application.

Apr 9, 2026Local and on-premise voice AI deployment introducedElevenLabs API

ElevenLabs introduced local and on-premise deployment options for enterprise voice AI.

February 20264

Feb 11, 2026ElevenLabs for Government launchedElevenLabs for Government

ElevenLabs launched a dedicated public-sector offering for citizen services and government workflows.

Feb 4, 2026Eleven v3 Conversational upgrade releasedEleven v3 Conversational

ElevenLabs released a conversationally optimized v3 model with improved turn-taking, latency, and expressiveness.

Feb 4, 2026ElevenLabs raises $500 million Series DElevenLabs Platform · $500M raised · $11B* valuation

ElevenLabs raised $500 million at an $11 billion valuation.

Feb 2, 2026Eleven v3 reaches general availabilityEleven v3

Eleven v3 moved from alpha to general availability.

January 20262

Jan 14, 2026Deutsche Telekom and ElevenLabs announce partnershipElevenAgents

Deutsche Telekom and ElevenLabs partnered on enterprise voice-AI deployments.

Jan 9, 2026Scribe v2 releasedScribe v2

ElevenLabs released Scribe v2 with improved multilingual transcription and audio understanding.

November 20252

Nov 17, 2025ElevenLabs Image & Video launchedElevenLabs Image & Video

ElevenLabs launched visual-generation workflows alongside its audio tools.

Nov 11, 2025Scribe v2 Realtime releasedScribe v2 Realtime

ElevenLabs released a real-time version of Scribe v2 for streaming transcription.

October 20251

Oct 6, 2025Agent Workflows launchedAgent Workflows

ElevenLabs launched visual workflows for orchestrating multi-step voice-agent interactions.

September 20251

Sep 8, 2025$100 million employee tender at $6.6 billion valuationElevenLabs Platform · $100M · $6.6B* valuation

ElevenLabs announced a $100 million employee tender offer valuing the company at $6.6 billion.

August 20251

Aug 5, 2025Eleven Music releasedEleven Music v1

ElevenLabs released its first generative music model.

June 20252

Jun 25, 2025Voice Design v3 releasedVoice Design v3

ElevenLabs released Voice Design v3 for creating voices from natural-language descriptions.

Jun 3, 2025Eleven v3 alpha releasedEleven v3 · alpha

ElevenLabs released Eleven v3 in alpha with richer emotional expression and dialogue control.

February 20252

Feb 26, 2025Speech to Text product launchedSpeech to Text

ElevenLabs launched transcription powered by Scribe.

Feb 26, 2025Scribe speech-to-text model releasedScribe v1

ElevenLabs released Scribe, its first major speech-to-text model.

January 20251

Jan 30, 2025ElevenLabs raises $180 million Series CElevenLabs Platform · $180M raised · $3.3B* valuation

ElevenLabs raised $180 million at a $3.3 billion valuation.

December 20241

Dec 18, 2024Eleven Flash model introducedEleven Flash v2.5

ElevenLabs introduced Flash, an ultra-low-latency model for conversational AI.

November 20241

Nov 2024Conversational AI platform launchedConversational AI

ElevenLabs launched a platform for building real-time voice agents.

July 20242

Jul 19, 2024Eleven Turbo v2.5 releasedEleven Turbo v2.5

ElevenLabs released Turbo v2.5 with broader language support and low latency.

Jul 2024Voice Isolator launchedVoice Isolator

ElevenLabs launched Voice Isolator for separating speech from background audio.

June 20242

Jun 2024Eleven Turbo v2 releasedEleven Turbo v2

ElevenLabs released Turbo v2 for lower-latency English speech synthesis.

Jun 2024ElevenLabs Studio expands long-form productionElevenLabs Studio

ElevenLabs expanded Studio for long-form narration, publishing, and audiobook workflows.

May 20242

May 31, 2024Sound Effects model releasedSound Effects

ElevenLabs released its generative sound-effects model.

May 31, 2024Sound Effects generation launchedSound Effects

ElevenLabs launched text-to-sound-effects generation.

January 20244

Jan 22, 2024ElevenReader preview announcedElevenReader

ElevenLabs previewed a mobile reader for listening to documents and articles.

Jan 22, 2024Voice Library marketplace launchedVoice Library

ElevenLabs launched its Voice Library marketplace for discovering and sharing voices.

Jan 22, 2024Dubbing Studio launchedDubbing Studio

ElevenLabs launched Dubbing Studio for professional video localization workflows.

Jan 22, 2024ElevenLabs raises $80 million Series BElevenLabs Platform · $80M raised · $1.1B* valuation

ElevenLabs raised an $80 million Series B and reached unicorn status at an approximately $1.1 billion valuation.

November 20231

Nov 2023Speech to Speech launchedSpeech to Speech

ElevenLabs released speech-to-speech voice transformation capabilities.

October 20231

Oct 2023Dubbing launchedDubbing v1

ElevenLabs launched automated voice-preserving dubbing across languages.

August 20231

Aug 22, 2023Eleven Multilingual v2 released and platform exits betaEleven Multilingual v2

ElevenLabs released Multilingual v2 for nearly 30 languages and moved its platform out of beta.

June 20233

Jun 20, 2023Voice Design product launchedVoice Design

ElevenLabs expanded its generative voice tools with Voice Design.

Jun 20, 2023AI Speech Classifier launchedElevenLabs Platform

ElevenLabs launched a classifier for detecting audio generated by its models.

Jun 20, 2023ElevenLabs raises $19 million Series AElevenLabs Platform · $19M raised

ElevenLabs raised a $19 million Series A led by Nat Friedman, Daniel Gross, and Andreessen Horowitz.

April 20231

Apr 27, 2023Eleven Multilingual v1 releasedEleven Multilingual v1

ElevenLabs released its first multilingual speech-synthesis model.

February 20231

Feb 2023Professional Voice Cloning introducedProfessional Voice Cloning

ElevenLabs introduced high-fidelity voice cloning for authorized professional use.

January 20233

Jan 11, 2023ElevenLabs proprietary model family beginsElevenLabs Models

The release of Eleven v1 established ElevenLabs' proprietary audio-model family.

Jan 11, 2023Text to Speech product launchedText to Speech

ElevenLabs launched its browser-based text-to-speech product for expressive synthetic speech.

Jan 11, 2023Eleven v1 and public beta launchedEleven v1

ElevenLabs launched its first text-to-speech model and opened the platform in beta.

January 20222

2022First financing values ElevenLabs at $9 millionElevenLabs Platform · $9M* valuation

ElevenLabs' first financing valued the company at $9 million.

2022ElevenLabs foundedElevenLabs Platform

Mati Staniszewski and Piotr Dabkowski founded ElevenLabs to build human-like synthetic speech.

* Market cap / valuation. Company values are AI-attributed: the latest market cap or valuation × the share attributed to AI (100% for pure AI companies). Methodology

† Illustrative seed value, not verified or live market data.

ElevenLabs — releases, models and financials · The Artificial Index