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Home » ElevenLabs just hit a $6.6B valuation. Its CEO says the real money isn’t in voice anymore.
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ElevenLabs just hit a $6.6B valuation. Its CEO says the real money isn’t in voice anymore.

adminBy adminDecember 10, 2025No Comments2 Mins Read
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ElevenLabs has made a name for itself building realistic AI voices.  

What started as two Polish engineers annoyed by terrible movie dubbing has grown into a profitable company now valued at $6.6 billion, doubling from just nine months ago. The company recently announced a $100 million tender offer led by Sequoia and ICONIQ, with participation from a16z and others, as its tech powers everything from Fortnite characters to customer service bots and goes toe-to-toe with OpenAI to become the default voice of AI. 

Today on TechCrunch’s Equity podcast, we’re bringing you a conversation with CEO Mati Staniszewski from this year’s Disrupt, where he made a surprising admission: He thinks voice models will be commoditized in just a couple of years. So what’s ElevenLabs’ plan when everyone else catches up? 

Listen to the full episode to hear about:  

Why ElevenLabs is pivoting from voice models to building a conversational AI agent platform 

How the company is tackling deepfakes with watermarking, AI detection, and device authentication 

Why Staniszewski believes there will soon be more AI-generated content than human content 

ElevenLabs’ push into music generation and partnerships to fuse audio with video models 

Subscribe to Equity on Apple Podcasts, Overcast, Spotify and all the casts. You also can follow Equity on X and Threads, at @EquityPod. 



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