Short answers, pulled from the story.
Piotr Dąbkowski and Mati Staniszewski launched ElevenLabs in 2022 after leaving their previous roles at Google and Palantir. Both founders grew up in Poland, where they watched American films with poor dubbing quality.
ElevenLabs announced an $180 million Series C round on the 30th of January 2025, bringing its valuation to $3.3 billion. Strategic partners like Deutsche Telekom and LG Technology Ventures participated in this latest funding cycle.
June 2025 saw the release of Eleven v3, supporting more than 70 languages with natural multi-speaker dialogue capabilities. The platform previously expanded support to 28 languages that same month using an in-house AI model.
The company gained rapid momentum after launching in January 2023, reaching one million registered users by June of that year. A generous free tier helped attract early adopters during the beta phase.
Audio experts concluded robocalls attributed to Joe Biden targeting New Hampshire voters before a democratic primary were made using ElevenLabs technology. This prompted an investigation by state authorities following the appearance of hateful messages on 4chan using the replication capabilities.