AI voice tech company ElevenLabs eyes IPO in 2-3 years
ElevenLabs, the AI-voice tech company, plans to be IPO-ready in two to three years (around 2028-2029).
After raising $500 million in February 2026, its valuation jumped to $11 billion, up from an earlier valuation (previous valuation not specified in the source).
In January 2026, the company said it had crossed $330 million in annual recurring revenue.
ElevenLabs creates advanced AI voices and chat agents
Started in 2022 by Mati Staniszewski and Piotr Dabkowski, ElevenLabs builds advanced AI voices and chat agents used across industries, including healthcare and customer-facing assistants.
They recently teamed up with LTX to turn audio into video content, showing off their creative edge.
Sequoia Capital leads $500 million funding round
With a team reported between roughly 50 and 400 employees, spread across cities such as London, New York, and Singapore, ElevenLabs is growing fast.
Sequoia Capital led their latest funding round (total raised: $781 million), and partner Andrew Reed has joined their board.
Executives have said they are considering an IPO and have discussed the possibility of a dual listing that could include Warsaw.