ElevenLabs eyes 2028 IPO preparations
London-based ElevenLabs is preparing for a potential initial public offering in 2028, according to CEO Mati Staniszewski. The move follows a significant valuation increase and expanded product offerings in AI voice technology.
London-based AI audio developer ElevenLabs is targeting 2028 to begin formal preparations for an initial public offering (IPO), CEO Mati Staniszewski confirmed at a recent Bloomberg technology event.
The announcement follows a valuation of $22 billion achieved during a $300 million employee tender offer. This capital influx arrived shortly after a $180 million Series C funding round in January 2025, highlighting investor interest in enterprise-focused AI audio solutions.
Alongside its core developments, the firm has released tools designed to detect synthetic voices in live audio streams. This technology is intended to assist government and enterprise clients in navigating European Union transparency mandates regarding deepfakes and automated communication.
ElevenLabs faces competition from established models like Alibaba’s Qwen and US-based Fish Audio. The company's IPO timeline aligns with data from EY suggesting a broader recovery in the UK initial public offering market during 2026.