For product and CX teams building voice experiences, ElevenLabs is an AI voice platform for text-to-speech, voice cloning, and dubbing that also ships conversational voice agents and, as of 2026, avatar video, deployed by enterprises like Deutsche Telekom and Klarna across support, sales, and marketing.
Presence & Market Position
#5 of 113
GTM Developer Tools
▲ 8 60-day move
Measures earned, engagement-weighted share of voice across the GTM voices panel. Methodology →
ElevenLabs is positioning itself as the voice and audio layer underneath enterprise AI — past text-to-speech and dubbing into conversational voice agents that large, often regulated enterprises deploy across support, sales, and marketing, with avatar video as its newest extension. It already holds one of the more visible spots in its market and is still climbing. Conversation about it runs on two tracks: a constant reference in creator and builder tool-stack rundowns as the default voice-generation step in content pipelines, and the incumbent benchmark newer voice-model challengers measure themselves against, with rival launches routinely framed as outranking or catching up to it. It also turns up in profiles of how the business itself scales.
Meta, Nvidia, Salesforce, The Walt Disney Studios, Cisco, Epic Games, Deutsche Telekom, Twilio, Revolut, Deliveroo
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Business Profile
ElevenLabs was founded in 2022 by Mati Staniszewski and Piotr Dąbkowski and has scaled from a voice-model startup into an enterprise vendor with roughly 960 employees across offices in London, New York, Warsaw, Madrid, and Toronto. The company has raised roughly $800 million and reported $500M+ ARR as of April 2026, with a last-disclosed valuation of $11 billion from its February 2026 Series D. By mid-2026 it was in early talks for a follow-on share sale at a markedly higher valuation, still preliminary and unconfirmed. The company emphasizes its shift from a single-product voice API to a cross-channel conversational-agent platform backing enterprise deployments in telecom, government, and financial services.
Agent Readiness
Measures how easily your agents can build on it — API, MCP, CLI, SDK, docs depth. Methodology →
ElevenLabs ships an official MCP server exposing text-to-speech, voice cloning, transcription, and agent management to clients like Claude Desktop, Cursor, and Windsurf, alongside a REST API, SDKs, and Speech Engine, which layers a full voice agent onto an existing chat agent without re-architecting it. ElevenAgents has since added Procedures for structured task instructions and a widening set of LLM options, including Claude and GPT models, for teams building on top.
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