ElevenLabs with a record
The round was led by Sequoia Capital, while existing investors a16z and ICONIQ increased their involvement. The startup has also been invested in by, among others: Lightspeed, Evantic Capital and BOND.
This reflects the trust of customers and partners building with us at the technological frontier – and gives us the impetus to move even faster
– said Staniszewski.
What does ElevenLabs do?
ElevenLabs’ main product is the ElevenAgents platform, which helps enterprises automate customer service and streamline internal operations. We are about to premiere a conversational model based on v3 technology, which is intended to replace people even better.
In addition, there is the ElevenCreative department – a part of the company that conducts research on text-to-speech and speech-to-text services.
The company has already tightened cooperation with Revolut. It’s about voice support for users in nearly 40 markets and 30 languages.
Revolut has been investing in ML/AI technologies for years. In 2025, we released in-app calling, which reduces the risk of phishing. The development of AI technology will take communication with customers to a higher level. The future of banking services is not “one click”, but conversations
– explained Stefan Bogucki, Communications Manager at Revolut.
ElevenLabs has also established cooperation with the Audi Revolut F1 Team.
The company plans to issue its shares. Its road map includes a stock exchange debut (IPO). However, it is not known yet when it will happen.
