ElevenLabs

Voice AI, speech synthesis, voice cloning, multilingual

US$22B privateest. 2022elevenlabs.io (opens elevenlabs.io)Checked 10 Oct

The brief

Analyst view
  • Raised $500M at $11B in Feb 2026, doubled to $22B mid-2026. Over $600M ARR, 55% enterprise.
  • v4 and v4 Turbo support 90+ languages with 10-second voice cloning and expression control.
  • Serves millions via API, ElevenCreative web app, and ElevenAgents voice products.

Technical approach

As reported
Models

v4 and v4 Turbo speech models

Supports 90+ languages, 10-second voice cloning, and inline tags for emotion, pacing and tone. Preserves speaker identity with native accents.

Deployment

Multiple platforms

ElevenAgents for voice apps, ElevenCreative for creators, and API for developers. Millions use across channels.

Enterprise

Fast-growing enterprise segment

Over 55% of the $600M+ annualized run rate comes from enterprise customers using the API and white-label solutions.

Primer