ElevenLabs
🔥 HOTElevenLabs's full profile: funding, valuation, competitors, and the people behind the company.
Awaira Score
Out of 100
HQ
United States
Founded
2022
Raised
$791M
Stage
Series D
Team
200
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…
Key Facts
- ElevenLabs is valued at $11B as of March 2026.
- ElevenLabs has raised a total of $791M in disclosed funding across 5 funding rounds.
- ElevenLabs was founded in 2022 by Mati Staniszewski and is headquartered in United States.
- ElevenLabs employs approximately 200 people.
- ElevenLabs operates in the AI Audio category and is currently at the Series D stage.
- ElevenLabs has an Awaira Score of 81/100, ranking it among the highly notable AI companies on Awaira.
- ElevenLabs's most recent funding round was a Series D of $500M closed in February 2026, led by Sequoia Capital.
Source: Awaira · Updated Mar 24, 2026
Valuation
$11B
Post-money
Total Raised
$791M
All rounds
Awaira Score
81/100
Founded
2022
200 employees
Strengths & Risks
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.
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.
Awaira estimate based on public data. Not financial advice.
How does ElevenLabs stack up against competitors?
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
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