Wall St Engine(@wallstengine):ELEVENLABS EYES 2028 IPO AS ARR CLIMBS TOWARD $600M AI voice startup ElevenLabs has hired former Adyen CFO Ethan Tandowsky as it prepares for a possible public listing in 2028. The company says ARR is on track to reach about $600M, up from $350M at the end of last year, with more than half of sales now coming from large enterprise customers. ElevenLabs was valued at $11B in February after a $500M Sequoia-led round and has since raised additional capital from NVIDIA’s venture arm, BlackRock, Wellington and Santander. The company is also reportedly profitable and recently hired former OpenAI executive Ashley Kramer as its first chief revenue officer Source: The Information

2026.09.08 17:37

ELEVENLABS EYES 2028 IPO AS ARR CLIMBS TOWARD $600M AI voice startup ElevenLabs has hired former Adyen CFO Ethan Tandowsky as it prepares for a possible public listing in 2028. The company says ARR is on track to reach about $600M, up from $350M at the end of last year, with more than half of sales now coming from large enterprise customers. ElevenLabs was valued at $11B in February after a $500M Sequoia-led round and has since raised additional capital from NVIDIA’s venture arm, BlackRock, Wellington and Santander. The company is also reportedly profitable and recently hired former OpenAI executive Ashley Kramer as its first chief revenue officer Source: The Information