ElevenLabs raises $500m in Series D funding led by Sequoia at an $11bn valuation
Sequoia led the Series D round to support international expansion and research efforts.
≈ £366M at $1 = £0.7328 on 4 Feb 2026
ElevenLabs develops advanced artificial intelligence voice and audio tools used globally for tasks such as text generation, voice cloning, and dubbing.
ElevenLabs has raised $500m in a Series D funding round led by Sequoia, bringing the company valuation to $11bn. The round also saw participation from a16z and ICONIQ.
Founded in 2022 by Mati Staniszewski and Piotr Dabkowski, the company has expanded its operations to 400 employees across 13 cities. Its core offering includes the ElevenAgents platform, which delivers low latency responses and emotional nuance for corporate customer service and sales operations.
The capital will support the company as it scales its research and development operations in Warsaw, prepares for international expansion into Paris, Singapore, and Brazil, and looks towards a potential public listing in the coming years.
Use of funds
- 01Fund research and development
- 02Expand into international markets
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About the company
ElevenLabs
ElevenLabs builds artificial intelligence voice and audio generation technology for creators and enterprises.