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ElevenLabs
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ElevenLabs

AI voice synthesis platform powering Spotify author narration and commercial content creation in 30+ languages.

Last refreshed: 15 July 2026 · Appears in 2 active topics

Key Question

As Spotify adopts AI narration, who controls the consent rules for synthetic voices?

Timeline for ElevenLabs

#82 Jul

Opened tender-offer talks at a roughly $22bn valuation

Media's AI Pivot: ElevenLabs eyes $22bn in tender talks
#328 Apr
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Common Questions
What is ElevenLabs and what does it do?
ElevenLabs is an AI speech synthesis platform that provides ultra-realistic voice cloning and text-to-speech APIs. It is used by publishers, game studios, and accessibility platforms to produce audio content at scale in more than 30 languages.
Can ElevenLabs clone anyone's voice without permission?
ElevenLabs' policy requires explicit consent before cloning the voice of a public figure or any identified individual. The company screens requests and has removed access from users who have violated the policy.
Is ElevenLabs regulated under the UK Online Safety Act?
Synthetic audio platforms such as ElevenLabs face compliance obligations under the UK Online Safety Act regarding harmful deepfake content. The Act creates duties around content moderation and, for services accessible in the UK, obligations to prevent non-consensual intimate audio deepfakes.

Background

ElevenLabs is an AI speech synthesis platform founded in 2022 by Piotr Dabkowski and Mati Staniszewski, two Polish engineers formerly based in the United States. Its flagship products include ultra-realistic voice cloning, text-to-speech APIs capable of preserving emotional nuance and speaker identity, and a library of professional voices. Models support more than 30 languages and are used by publishers, game studios, podcast networks, and accessibility platforms to automate and scale audio production. In May 2026, Spotify named ElevenLabs as a partner for AI-powered author narration, part of Spotify's wider AI push alongside DDEX AI-labelling adoption and a Universal Music Group consent-and-compensation deal. Annual recurring revenue crossed $500 million by April 2026, up from roughly $330 million at the end of 2025, on the back of a Sequoia-led Series D valuing the company at $11 billion. On 2 July 2026 the company opened separate tender-offer talks at a roughly $22bn valuation, a capital marker reported without any named media customer attached; it lands alongside TwelveLabs' Series B in the same fortnight, pricing the AI vendor layer higher even as broadcaster-side deals wait on regulators.

ElevenLabs has appeared in UK venture-market analyses as one of several AI companies driving record activity: UK VC reached $7.8bn in Q1 2026, up 60% year on year, with ElevenLabs-adjacent talent platforms (Dex) closing rounds citing it as a reference client. The company's rapid commercial adoption across content creation, accessibility tooling, and game development has positioned it as a reference point in discussions about AI-generated voice and audio consent frameworks, which regulators in the UK, US, and EU are actively developing.

The company sits at the centre of the voice deepfake and consent debate. Audio cloning at ElevenLabs' Fidelity can produce convincing impersonations of real people from as little as a minute of source audio, a capability that has prompted both urgent regulatory attention and commercial demand from entertainment and media. The UK's Online Safety Act and the EU's AI Act Article 50 (taking effect 2 August 2026) both create compliance obligations relevant to synthetic voice platforms. ElevenLabs has published a voice cloning policy requiring explicit consent for cloning public figures, reflecting the same commercial-ethics positioning seen across synthetic-media companies.

More questions
Who founded ElevenLabs?
ElevenLabs was founded in 2022 by Piotr Dabkowski and Mati Staniszewski, two Polish engineers. The company grew rapidly after its voice cloning API attracted developer adoption across gaming and media.
What is ElevenLabs used for by Spotify?
Spotify named ElevenLabs as a partner for AI-powered author narration at its Investor Day on 21 May 2026, as part of a broader AI push that also included DDEX AI-track labelling and a Universal Music Group deal.Source: Spotify Investor Day
Is ElevenLabs voice cloning legal?
ElevenLabs requires explicit consent to clone public figures' voices. The EU AI Act Article 50, taking effect 2 August 2026, requires all synthetic content to be labelled; the UK's Online Safety Act also creates obligations for platforms distributing synthetic audio.
How does ElevenLabs voice cloning work?
ElevenLabs uses large neural models to replicate a speaker's voice from source audio, preserving emotional nuance and speaker identity. It supports text-to-speech in 30+ languages and is accessed via an API used by publishers, podcast networks, and studios.
Who are the competitors to ElevenLabs in AI voice?
Competitors include OpenAI's voice product, Google's audio AI stack, and specialist voice-cloning companies. ElevenLabs differentiates on emotional realism and multi-language breadth; its consent framework is more explicit than some rivals.
Why is ElevenLabs worth $22bn?
ElevenLabs opened tender-offer talks at a roughly $22bn valuation on 2 July 2026. The figure is a capital marker reflecting investor demand for the voice-AI vendor layer, not a new media customer or product win.Source: event
How much revenue does ElevenLabs make?
ElevenLabs' annual recurring revenue crossed $500 million by April 2026, up from about $330 million at the end of 2025, alongside a Sequoia-led Series D valuing the company at $11 billion.Source: ElevenLabs, TechCrunch, April 2026
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