ElevenLabs

Founded 2022

The industry leader in AI voice technology. Text to speech, voice cloning, dubbing, sound effects, music, and conversational AI agents, all in one platform.

Overview

ElevenLabs is an AI audio and creative platform founded in 2022 by Mati Staniszewski (ex-Palantir) and Piotr Dąbkowski (ex-Google), both originally from Poland. The company is headquartered in New York City and is widely considered the leader in AI voice synthesis, producing the most natural sounding AI generated speech available. The platform started with text to speech and voice cloning, then expanded into dubbing, sound effects generation, music generation, conversational AI agents, and most recently image and video. ElevenLabs serves content creators, publishers, game studios, enterprises, and millions of individual users through its web platform, API, and the free ElevenReader mobile app. As of February 2026, ElevenLabs is valued at $11 billion following a $500 million Series D led by Sequoia Capital, with participation from a16z and ICONIQ. The company closed 2025 with over $330 million in annual recurring revenue and has raised $791 million in total funding. The company is building toward a potential IPO.

What makes them different

ElevenLabs' voices are the most natural sounding in the industry. In blind tests, their output is frequently indistinguishable from human speech, something no other TTS platform consistently achieves. Voice cloning from as little as 30 seconds of audio is a key differentiator. While other platforms offer cloning, ElevenLabs produces the most accurate results from the shortest input samples. The breadth of the platform is unique. No other voice AI company offers TTS, voice cloning, dubbing in 32+ languages, sound effects, music generation, AND enterprise conversational AI agents under one roof. The ElevenReader app gives the technology away for free to consumers, building brand awareness and user familiarity. Reading any document, article, or book aloud with natural AI voices is a powerful daily use case that keeps users in the ecosystem. With $330M+ ARR and an $11B valuation, ElevenLabs has the financial resources and growth trajectory to continue investing in research and expanding its platform faster than smaller competitors.

Their tools

Subscription plans

Free

Free

10,000 characters/month. Try text to speech, voice cloning, and the ElevenReader app.

  • 10,000 characters per month
  • Up to 3 custom voices
  • Text to speech
  • Community voice library
  • ElevenReader app (unlimited)

Starter

$5/month

30,000 characters/month with voice cloning and commercial license.

  • 30,000 characters per month
  • Up to 10 custom voices
  • Instant voice cloning
  • Commercial license
Best Value

Creator

$22/month

100,000 characters/month with professional cloning, dubbing, and sound effects.

  • 100,000 characters per month
  • Professional voice cloning
  • Dubbing (30 min/month)
  • Sound effects
Most popular

Pro

$99/month

500,000 characters/month with music, extended dubbing, and priority support.

  • 500,000 characters per month
  • Dubbing (4 hours/month)
  • Sound effects and music
  • Priority support

Scale

$330/month

2,000,000 characters/month for teams and production workflows.

  • 2,000,000 characters per month
  • Dubbing (14 hours/month)
  • Higher API rate limits

Enterprise

Custom

Custom pricing. ElevenAgents platform, custom voice models, SSO, dedicated support.

  • Custom character limits
  • ElevenAgents platform
  • Custom voice models
  • SSO and admin controls

Links

Last updated: 2026-02-20