Back to Startups

Eleven Labs

About Eleven Labs

Eleven Labs is a startup that specializes in AI research and product development, focusing on reimagining human-technology interaction through advanced speech synthesis software. The company has achieved a remarkable increase in valuation from $9 million to $11 billion within three years.

Business Information
Target Customers
enterprise small and medium businesses developers content creators
Industry Categories
AI, ML, Gen AI Software Messaging & Communications
Business Model
Revenue Model SaaS
Pricing Strategy Tiered subscription
Sales Channels direct sales, partnerships, online platforms
Funding Timeline
Round Date Amount Investors
Series D Feb 05, 2026 $424.0M Unknown
Series D Feb 04, 2026 $500.0M Sequoia Capital, a16zcrypto CSX, ICONIQGrowth +3 more
Series A Feb 04, 2026 $500.0M Unknown
Pre-Seed Oct 01, 2023 $2.0M Credo Ventures, Concept VC
Founders
A
Alex F. Mac

Co-Founder & CEO

C
Carles Reina

Founder & CEO

M
Matiii

Co-founder & CEO

Investors
C
Concept VC

Venture Capital

C
Credo Ventures

Venture Capital

E
Evantic

Venture Capital

I
ICONIQGrowth

Venture Capital

S
Sequoia Capital

Venture Capital

W
Winbond

Corporate

a
a16zcrypto CSX

Venture Capital

l
lightspeedvp

Venture Capital

Recent Mentions
SebJohnsonUK
Seb Johnson @SebJohnsonUK
Feb 04, 2026

Who are the big winners from @elevenlabsio's $11bn valuation? From a $9m valuation to $11bn in three years here are the big winners: >> 2023 $2m preseed was led by @CredoVentures and @ConceptVC_ at a $9m valuation. 1200x increase excl. dilution. @Carles_Reina and @alexfmac are https://t.co/t3irSBzIvZ

JenniferHli
Jennifer Li @JenniferHli
Feb 04, 2026

Congrats @elevenlabsio on the $500M raise. When signing the Series A term sheet, @matiii and I talked about reaching the $11B valuation milestone. It only took 3 years to get here, with a strong close in 2025 with $330M in ARR. We are releasing something special soon. Excited https://t.co/8iKiRHbnEg https://t.co/0r7Q8MupMY

grok
Grok @grok
Feb 04, 2026

@Dgen__web3 Yes, ElevenLabs announced a $500M Series D round at an $11B valuation today, led by Sequoia with participation from a16z and others. Confirmed via reports from The Recursive and multiple outlets.

TFNBreakingNews
Tech Funding News @TFNBreakingNews
Feb 04, 2026

💰@elevenlabsio announced a $500 million Series D funding round, valuing the company at $11 billion. https://t.co/kTNB6t8Pcw @sequoia led the round, with @a16z and @ICONIQCapital. #uktech #startups #investment #unicorns #valuation #artificialintelligence #innovation #funding https://t.co/mBrFZvPI3s

testingcatalog
TestingCatalog News 🗞 @testingcatalog
Feb 04, 2026

BREAKING 🚨: ElevenLabs raised $500M in a Series D round at an $11B valuation. @elevenlabsio market valuation now matches its company name. Perfect match 👀 https://t.co/GjVDeNWg3e https://t.co/gODDCskhdk

FFC03Josh
Josh @FFC03Josh
Feb 04, 2026

ElevenLabs Hits $11B Valuation With $500M Series D Round https://t.co/2XWLQ0XBML

bpaynews
Bpay News @bpaynews
Feb 04, 2026

#BREAKING ElevenLabs Hits $11B Valuation With $500M Series D Round AI voice startup ElevenLabs triples valuation to $11B in Series D led by Sequoia, with $330M ARR and enterprise clients including Deutsche Telekom and Revolut. #Bitcoin $BTC

StartupHubAI
StartupHub.ai @StartupHubAI
Feb 04, 2026

Exclusive scoop: @elevenlabsio valued at $11 billion. The round was led by @sequoia Capital, with substantial participation from @a16z and @ICONIQCapital https://t.co/8ImBjhYQFl

EU_Startups
EU-Startups @EU_Startups
Feb 05, 2026

#London's @ElevenLabs, a leader in #AI voice generation and text-to-speech technology, has raised €424 million in a Series D funding round – valuing the British company at €9.3 billion, more than tripling its valuation in one year https://t.co/xKatrxHzoU

pnxgrp
PHOENIX - Crypto News & Analytics @pnxgrp
Feb 05, 2026

💰 @ElevenLabsio raises $500M in a Series D funding round #ElevenLabs secures $500M in a Series D funding round led by @Sequoia, with participation from @a16z, @ICONIQCapital, @lightspeedvp, @EvanticCapital, BOND, and others. ElevenLabs is a leading #AI audio research and https://t.co/TlPsRcsa3J

CNBCTV18News
CNBC-TV18 @CNBCTV18News
Feb 05, 2026

#StartUpNews | ElevenLabs (@elevenlabsio) has raised $500 Mn in a Series D funding round, valuing the artificial intelligence audio company at $11 Bn. @sequoia leads the round, with Andrew Reed joining the board, while @a16z quadrupled down and @ICONIQCapital tripled down.

CNBCTV18News
CNBC-TV18 @CNBCTV18News
Feb 05, 2026

#StartUpNews | ElevenLabs (@elevenlabsio) has raised $500 Mn in a Series D funding round, valuing the artificial intelligence audio company at $11 Bn. @sequoialeads the round, with Andrew Reed joining the board, while @a16z quadrupled down and @ICONIQCapital tripled down.

Datweb3guy
Datweb3guy @Datweb3guy
Feb 05, 2026

today's alpha - @elevenlabsio raised: $500 million Series D funding round led by Sequoia Capital at an $11 billion valuation total funding raised to date is $781 million across all rounds since founding reward: not confirmed but since there's no token yet, "positioning" means https://t.co/us1GJWu3hH https://t.co/OWi09fMvQQ

slatornews
Slator @slatornews
Feb 05, 2026

.@elevenlabsio confirms a USD 500m Series D at a USD 11bn 💰 valuation, following earlier reports of a potential raise and supporting expansion of its enterprise voice 🗣️ agents and audio #AI research. #dubbing https://t.co/noNVvQ8vgQ

tony160220
Tony - CIG @tony160220
Feb 09, 2026

Today, Eleven Labs announced a $500 million Series D funding round at an $11 billion valuation, led by Sequoia, with a16z increasing their investment and ICONIQ tripling theirs. This demonstrates the growing trust of our customers and partners and provides us with momentum to

aistartupdata
AI Startup Data @aistartupdata
Feb 10, 2026

🚨 AI FUNDING ALERT Company: @elevenlabsio Category: Voice & Audio Amount: $500M Round: Series D Location: Poland

fw_crypto2112
FW Crypto @fw_crypto2112
Feb 13, 2026

🚀 @elevenlabsio: $500M Funding & New Music Beta! The giants of AI voice just hit a massive $500M Series D round at an $11B valuation! @elevenlabsio is no longer just about the perfect voice—they’re officially moving into the sound of the future. 🔥 Join the Eleven Music Beta: https://t.co/2Wa5DrrhNS