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ElevenLabs

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EVENT TIMELINE

5

STARTUPS · 2 SOURCES · The Verge AI · The Decoder

Suno launches 'Speech' public beta to generate voiceovers with AI background music

Suno has released Speech in public beta on its web and mobile apps, a feature that generates synthetic voiceovers together with AI‑created background music. Speech offers Simple and Advanced modes (including custom scripts, voice gender/style controls, and an ~8‑minute maximum duration) and includes a toggle to disable music for clean speech; Suno says the model is still in early beta and will be improved with user feedback.

6.0

STARTUPS · 1 SOURCE · TechCrunch AI

ElevenLabs doubles valuation to $22B with $300M employee tender

Voice AI startup ElevenLabs is allowing employees to sell a portion of their vested equity at a $22 billion valuation via a $300 million tender offer co‑led by Wellington and T. Rowe Price, doubling the $11 billion valuation set when it raised $500 million in February. This is the company’s second secondary for employees (after a $100 million tender at a $6.6 billion valuation in September 2025); ElevenLabs, founded in 2022 and based in New York and London, is known for generating ultra‑realistic AI voices.

7.0

MODELS · 1 SOURCE · The Decoder

ElevenLabs releases Eleven v4 speech model with more expressive, consistent voices

ElevenLabs released Eleven v4, a speech model that better follows direction cues (laughter, whispers, sound effects), maintains voice consistency across long productions, supports over 90 languages and up to 10,000 characters per request, and restores professional voice cloning; an optimized low-latency 'Turbo' variant begins producing audio in about 150 ms. Eleven v4 is available via ElevenAgents, ElevenCreative and the API, with published benchmark and pricing comparisons to rivals and regionally configurable data storage options for enterprise customers.

8.0

COMPANIES · 1 SOURCE · TechCrunch AI

Synthesia creates interactive digital avatar of a journalist using its video and voice models

Synthesia built an interactive digital avatar (a “digital twin”) of a journalist at its new New York office, training it on a single article and making it deterministic so it only answers questions related to that story. The avatar was produced from photos and a two‑minute voice sample and uses Synthesia’s own video and voice models (customers can opt to use alternatives like Cartesia, ElevenLabs, Google or OpenAI and choose hosting).

6.0

COMPANIES · 1 SOURCE · TechCrunch AI

ElevenLabs reportedly valued at $22B as CEO discusses $600M ARR, enterprise use and AI disclosure

ElevenLabs, a startup that builds text-to-speech voice models used by enterprises and creators, is reportedly valued at $22 billion by investors while the company says it is pacing at $600 million in ARR and that over 55% of revenue is enterprise. CEO Mati Staniszewski told TechCrunch that ElevenLabs serves customers including Klarna, Deutsche Telekom, Cisco and governments, faces competition from firms like Decagon, and favors disclosing AI agents to users today.

7.0