ElevenLabs is a New York-based AI audio company founded in 2022 by Piotr Dąbkowski, a former Google machine learning engineer, and Mati Staniszewski, an ex-Palantir strategist. The company focuses on developing generative AI models for speech synthesis, enabling realistic voice cloning, expressive text-to-speech, and multilingual dubbing capabilities. The idea was sparked by the founders' frustration with low-quality dubbed films in their native Poland, motivating them to build technology capable of producing natural-sounding, emotionally nuanced synthetic voices.

Since its founding, ElevenLabs has experienced rapid growth. It has raised $281 million across four funding rounds, with a $180 million Series C in January 2025 that valued the company at $3.3 billion. ElevenLabs is used by millions of creators, publishers, and developers for applications including audiobooks, voiceovers, and AI assistants. Its suite of tools includes a voice cloning engine, AI dubbing studio, text-to-speech engine supporting 32 languages, and developer APIs tailored for real-time deployment in web and mobile apps.

The company has formed high-profile partnerships with organizations such as HarperCollins, Spotify, and Chess.com, powering narrated content and voice experiences. ElevenLabs is also a member of the U.S. AI Safety Institute Consortium, reflecting its commitment to building responsible and ethical AI products. Its headquarters are located in the NoMad neighborhood of Manhattan, New York, with a distributed team operating globally.