ElevenLabs
🔥 HOTElevenLabs's full profile: funding, valuation, competitors, and the people behind the company.
Updated Mar 24, 2026Awaira Score
Out of 100
HQ
United States
Founded
2022
Raised
$791M
Stage
Series D
Team
200
Valuation
$11B
Post-money
Total Raised
$791M
All rounds
Awaira Score
81/100
Founded
2022
200 employees
Awaira estimate based on public data. Not financial advice.
About ElevenLabs
ElevenLabs is an AI audio company founded in 2022 that specializes in text-to-speech (TTS) and voice synthesis technology. The company develops artificial intelligence models that convert written text into natural-sounding spoken audio across multiple languages and voices. Its core platform enables developers and enterprises to integrate advanced voice generation into applications, products, and…
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Strengths
Unicorn status with $11B valuation
Elite Awaira Score of 81/100
Growing team of 200 employees
Analysis based on publicly available data. Not investment advice.
Market Position
ElevenLabs is a mega-cap AI company in the AI Audio sector. Founded in 2022, the company is currently at the Series D stage with a team of approximately 200 employees. With $791M in total disclosed funding, ElevenLabs has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Audio companies on Awaira, including PolyAI and Otter.ai.
Key Numbers
Awaira Score
81/100
Valuation
$11B
Total Funding
$791M
Founded
2022
Employees
200
Stage
Series D
Funding Velocity
5
Total Rounds
$199.75M
Avg Round Size
4.2yr
Funding Span
ElevenLabs raised 5 rounds over 4.2 years, averaging $199.75M per round — a pace of roughly one round every 10 months.
Why Track ElevenLabs?
ElevenLabs holds unicorn status in the AI Audio space, placing it among the highest-valued private AI companies globally.
Among 3 tracked competitors, ElevenLabs ranks #1 by valuation — a metric investors and analysts use to gauge market standing.
Tracking ElevenLabs on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Audio market.
Competitor Comparison
| Metric | ★ElevenLabs | PolyAI | Otter.ai | Speechmatics |
|---|---|---|---|---|
| Awaira Score | 81/100 | 70/100 | 64/100 | 58/100 |
| Total Raised | $791M | $200M | $70M | $90.6M |
| Valuation | $11B | N/A | $300M | N/A |
| Stage | Series D | Series D | Series B | Series C |
| Founded | 2022 | 2017 | 2016 | 2006 |
| Employees | 200 | 100-500 | 150 | 100-500 |
| Country | 🇺🇸 | 🇬🇧 | 🇺🇸 | 🇬🇧 |
Investors in ElevenLabs
Funding Rounds
ActiveLed by Sequoia Capital
$500M
Feb 2026
Andreessen Horowitz, Sequoia Capital
$80M
Jan 2024
Led by Andreessen Horowitz
$200M
Jan 2024
Led by Sequoia Capital
$19M
Jan 2023
Undisclosed
Jan 2022
Models by ElevenLabs
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Compare ElevenLabs
See how ElevenLabs stacks up against competitors in valuation, funding, team size, and Awaira Score.
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