ElevenLabs, founded in 2022 by Piotr Dąbkowski and Mati Staniszewski, is an AI research and product company specializing in generating natural-sounding speech synthesis software using deep learning. Its platform offers text-to-speech, speech-to-text, music generation, dubbing, and conversational AI. The company's mission is to make content accessible in any language and voice. Their initial inspiration came from poor dubbing in American films.
ElevenLabs is headquartered in London and New York. Mati Staniszewski is the CEO, and Piotr Dąbkowski is the CTO. The company has a leadership team responsible for driving innovation and ensuring effective execution. ElevenLabs has launched several products, including Speech Synthesis, Conversational AI, Eleven v3, Eleven Music, Scribe v2 Realtime, and ElevenLabs Agents. On February 4, 2026, ElevenLabs announced a $500 million Series D funding round led by Sequoia Capital, valuing the company at $11 billion. As of the end of 2025, ElevenLabs reported over $330 million in annual recurring revenue.