ElevenLabs

ElevenLabs Inc.
TypePrivate
IndustryArtificial intelligence
Founded2022
FoundersPiotr Dąbkowski
Mati Staniszewski
HeadquartersLondon, United Kingdom, and New York City, United States
ProductsSpeech Synthesis, Eleven Music, ElevenAgents, Scribe
Number of employees
About 400 (2026)
Websiteelevenlabs.io

ElevenLabs Inc. is a software company. It makes computer programs that turn written words into speech that sounds like a real person talking. This is called speech synthesis. The company started in 2022. Two Polish men, Piotr Dąbkowski and Mati Staniszewski, started it together. The company has offices in New York City, London, and Warsaw.

History

Before starting the company, Dąbkowski worked at Google and Staniszewski worked at Palantir. Both men grew up in Poland. They say they got the idea for the company after watching American films that had been dubbed badly into other languages.

In January 2023, the company said that investors had given it $2 million. In the same month, it let people try its website for the first time. After that, investors gave the company much more money, and each time the company was said to be worth more. In June 2023 it was given $19 million, and people said the company was worth about $100 million. In January 2024 it was given $80 million, and the company was said to be worth $1.1 billion. In January 2025 it was given $180 million, and the company was said to be worth $3.3 billion. In February 2026 it was given $500 million, and the company was said to be worth $11 billion. At that time, some people said it might soon sell shares to the public.

In January 2024, before an election in New Hampshire, thousands of people got phone calls. The voice sounded like Joe Biden and told people not to vote. It was not really him. Experts said the fake voice was probably made with ElevenLabs software. The company said it works hard to stop people from misusing its tools.

In March 2026, the company promised to give $1 billion worth of free voice software to one million people who have lost the ability to speak.

Music and film work

ElevenLabs has also worked on creative projects. It put out an album called The Next, made with singers, producers, and computer programmers. Some songs on it were made mostly by people and some mostly by computer. The money the album earns is shared with all the artists who helped. The company also made a documentary series called 11 Voices. It was first shown at the SXSW festival in 2026. In it, people talk about making voices with computers, and about whether it is right or wrong to do so.