Creative AI Studio
ElevenLabs
ElevenLabs turns text into production-grade speech — an $11B voice AI firm with dubbing, agents, and a developer API.
ElevenLabs sells voice synthesis: text-to-speech, voice cloning, multilingual dubbing, and conversational-agent audio, delivered through consumer apps and a developer API that powers other companies' products. It raised $500 million led by Sequoia at an $11 billion valuation — more than tripling in a year — and was soon in talks for a tender offer near $22 billion, with revenue estimated around $500 million annualized. The API is the structural fact: a large share of AI products speak with its voices.
Frequently asked about ElevenLabs
- What does ElevenLabs do?
- ElevenLabs turns text into production-grade speech — an $11B voice AI firm with dubbing, agents, and a developer API.
- Is ElevenLabs publicly traded?
- ElevenLabs is a private company; its shares do not trade on a public exchange.
- What products does ElevenLabs make?
- ElevenLabs's products in the TECHi Atlas: ElevenLabs.
- What is ElevenLabs's competitive advantage?
- Developer entrenchment does the heavy lifting: products across the industry have wired ElevenLabs into their audio path, and its voice library gives creators a marketplace incumbents haven't replicated. Prosody quality still leads, but the API integrations are what make ripping it out expensive.
