ElevenLabs

What it does

ElevenLabs provides an AI voice platform that enables businesses to deploy interactive voice and conversational AI agents. The platform includes ElevenAgents for configuring, deploying, and monitoring conversational agents across phone, chat, email, and WhatsApp; ElevenCreative for generating ultra-realistic speech, videos, music, and sound effects; and ElevenAPI for building custom applications with text-to-speech, speech-to-text, music, and dubbing APIs. The platform supports 70+ languages and offers models optimized for consistency, latency, or emotional control.

Who it is for

ElevenLabs serves enterprises, creators, and developers. Enterprises use ElevenAgents for customer experience, as seen with customers like Deliveroo, Meesho, and Cars24. Creators use ElevenCreative for content creation including audiobooks, podcasts, ads, and social media content. Developers integrate ElevenAPI into their own applications. The platform is trusted by leading companies such as Twilio, The Walt Disney Studios, KPN, TVS Digital, Cisco, Epic Games, Nvidia, Revolut, Meta, Bertelsmann, Ukraine, Deliveroo, Chess.com, Deutsche Telekom, Meesho, Harvey, and Salesforce.

Why it matters

ElevenLabs aims to make communication and creation with technology seamless by building foundational models for voice, transcription, music, and intelligent agents. The platform offers ultra-low latency (e.g., Eleven Flash at 75ms) and high accuracy (e.g., Scribe v2 with 98% accuracy). It provides omnichannel agents, analytics for measuring success rates and CX metrics, testing environments, guardrails for compliance, and workflows for complex conversation flows. This enables businesses to automate customer interactions in multiple languages with natural-sounding voices.

Launch signal

ElevenLabs has raised a $500 million USD Series D round at an $11 billion valuation and surpassed $500 million in annual recurring revenue. The company is headquartered in New York and was founded in London, UK. Key product launches include Eleven Multilingual v2 (Aug 2023), Eleven Turbo v2 (Nov 2023), Eleven Flash v2.5 (Dec 2024), Scribe (Feb 2025), Eleven v3 (Jun 2025), Eleven Music (Aug 2025), Scribe v2 Realtime (Nov 2025), Scribe v2 (Jan 2026), Expressive Mode for Agents (Feb 2026), Music v2 (May 2026), and Dubbing v2 (May 2026). The company also announced an Impact program with $1B in-kind donation and an original docuseries.

Brand and naming

The name "ElevenLabs" suggests a focus on pushing boundaries ("eleven" as a notch above ten) and a lab-like commitment to research and development. The brand positions itself as a leader in AI voice technology, emphasizing lifelike quality, multilingual support, and enterprise-grade reliability. The tagline "Bringing technology to life" reinforces the goal of making AI interactions natural and human-like.