What is the new valuation of ElevenLabs?

ElevenLabs has achieved an $11 billion valuation following its latest funding round.

How much funding did ElevenLabs raise?

The company successfully raised $500 million in its latest funding round.

What will ElevenLabs use the new funding for?

The funding will be used to fuel international expansion and advance research on emotional conversational models and dubbing.

Home / Business and Economy / AI Voice Giant ElevenLabs Hits $11B Valuation

AI Voice Giant ElevenLabs Hits $11B Valuation

4 Feb

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Summary

AI voice firm ElevenLabs achieved an $11 billion valuation.
The company successfully raised $500 million in a new funding round.
This funding round more than triples its previous January 2025 valuation.

AI Voice Giant ElevenLabs Hits $11B Valuation

AI voice generation firm ElevenLabs announced it has achieved an $11 billion valuation after successfully raising $500 million in its latest funding round. This Series D funding, led by Sequoia Capital, saw its valuation more than triple from its $3.3 billion valuation in January 2025. New investors like Lightspeed Venture Partners and Evantic Capital joined existing backers such as Andreessen Horowitz and ICONIQ.

Founded in 2022, London-based ElevenLabs develops AI tools, including a text-to-speech platform. The company plans to utilize the new capital to fuel its global expansion and advance research into emotional conversational models and dubbing technologies. This follows a trend of heavy investment in AI firms across various sectors.

ElevenLabs is currently experiencing viral popularity through the OpenClaw ecosystem, where users integrate its voice models for personal AI agents. The company reported over $330 million in annual recurring revenue in 2025 and aims to double this figure this year. CEO Mati Staniszewski stated plans to expand its Creative offering, enabling businesses to build interactive AI agents.