London-based company for AI voice and generative audio.
Around 1,029 people on the team.
ElevenLabs, a London-based AI voice and generative audio company, has raised $682M across three rounds, backed by Andreessen Horowitz, Sequoia Capital, Credo Ventures, ICONIQ, and NVIDIA. Through shared capital it connects most closely to Harvey, OpenAI, Anthropic, xAI, and OpenEvidence (three shared investors each), with lighter ties to Kalshi, Databricks, and Fireworks AI (two each). This places it squarely in the a16z/Sequoia AI cluster alongside OpenAI, Anthropic, and xAI, reflected in a network centrality score of 64. Its 1029-person team is spread mainly across the San Francisco Bay Area (20%), London (10%), and Singapore (10%).
| Date | Round | Amount |
|---|---|---|
| Feb 2026 | Series D Plus ElevenLabs closed a $500 million Series D led by Sequoia at an $11 billion valuation, tripling its early 2025 valuation. | $500M |
| Sep 2025 | Funding round ElevenLabs ran a USD 100m employee tender (secondary) at a USD 6.6bn valuation, led by Sequoia and ICONIQ. | $100M |
| Jan 2024 | Series B Voice-AI startup ElevenLabs raised an $80M Series B co-led by Andreessen Horowitz at a $1B valuation, reaching unicorn status. | $80M |
| Jan 2023 | Pre Seed British voice-AI startup ElevenLabs raised a $2M pre-seed led by Credo Ventures. | $2M |
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