ElevenLabs is a pioneering software company specializing in natural-sounding speech synthesis and text-to-speech software. Utilizing advanced deep learning and AI models, the company provides creators and businesses with tools to generate high-quality, emotionally diverse, and multilingual audio content. By focusing on the intersection of generative AI and linguistics, ElevenLabs aims to make content accessible in any language and voice, breaking down barriers in global communication.

ElevenLabs is reportedly in talks to raise a new funding round that would bring its valuation to $11 billion. This surge in interest follows the startup's rapid growth and the widespread adoption of its voice-cloning technology across the entertainment, gaming, and publishing industries.

ElevenLabs, New York, New York, United States, was founded in 2022 by Mati Staniszewski and Piotr Dabkowski. In 2024, the company joined the unicorn club. This projected valuation highlights the company's evolution from a niche research project into a critical infrastructure provider for the "voice-first" era of digital interaction, where AI-generated audio is becoming the primary interface for global media and technology.