ElevenLabs
Basic Information
- Developer: ElevenLabs Inc.
- Founders: Piotr Dabkowski, Mati Staniszewski
- Country/Region: USA (New York) / Poland
- Official Website: https://elevenlabs.io
- Type: AI Voice Synthesis (TTS) / Voice AI Platform
- Founded: 2022
- Latest Version: Eleven v3 (February 2026)
- Valuation: $11 billion (February 2026, after $500 million funding)
Product Description
ElevenLabs is a globally leading AI voice technology company, offering high-quality text-to-speech (TTS), voice cloning, and voice translation services. ElevenLabs' voice synthesis technology is renowned for its naturalness and expressiveness, providing over 10,000 AI voices and supporting more than 70 languages. The Eleven v3, released in February 2026, is its most expressive TTS model, featuring emotional intelligence and context-awareness.
Core Features/Characteristics
- Text-to-Speech: Industry-leading natural voice synthesis
- Eleven v3: The latest generation TTS model with emotional intelligence and context-awareness
- Expressive Mode: Emotion-rich conversational mode optimized for real-time dialogue
- Voice Cloning: Clone any voice with a small audio sample
- 10,000+ Voice Library: Over 10,000 preset AI voices
- 70+ Languages: Supports voice synthesis in more than 70 languages
- 11.ai Voice Assistant: A voice-first workflow assistant launched in March 2026, supporting MCP protocol
- MCP Integration: Connects external tools via Model Context Protocol
IBM Collaboration
- Partnered with IBM in March 2026 to integrate TTS and STT into IBM watsonx Orchestrate
- Provides high-quality voice interactions for enterprise-level AI agents
Business Model
- Free Tier: Monthly free character quota
- Starter: $5/month, 30,000 characters
- Creator: $22/month, 100,000 characters
- Pro: $99/month, 500,000 characters
- Scale: $330/month, 2,000,000 characters
- Enterprise: Custom pricing
- API: Pay-per-character pricing
Market Performance
- Valuation of $11 billion (February 2026)
- Global voice AI market size exceeds $22 billion in 2026
- Widely used in podcasts, audiobooks, video dubbing, AI assistants, etc.
- Considering IPO
Relationship with OpenClaw Ecosystem
ElevenLabs is the text-to-speech engine for OpenClaw. OpenClaw uses ElevenLabs' TTS API to convert AI agents' text responses into natural voice output, enabling users to interact with agents via voice. ElevenLabs' high-quality voice and multilingual support provide OpenClaw with a professional-grade voice interaction experience. The MCP integration of Eleven v3 also allows it to seamlessly integrate into OpenClaw's MCP architecture.