No, ElevenLabs is not publicly traded. Retail investors can’t buy it on a stock exchange today, so the closest paths are waiting for an IPO or looking at public voice-AI peers like SoundHound AI and Cerence.
No, ElevenLabs is not publicly traded. Retail investors can’t buy it on a stock exchange today, so the closest paths are waiting for an IPO or looking at public voice-AI peers like SoundHound AI and Cerence.
ElevenLabs has become one of the most closely watched private AI companies because it sits right at the intersection of generative AI, audio, and enterprise software. The company says it reached more than $500 million in annual recurring revenue by May 2026, after announcing a $500 million Series D at an $11 billion valuation earlier that year.
That kind of growth, plus partnerships with names like Deutsche Telekom and Revolut, is exactly why retail investors keep asking how to buy in. The short answer is that you can’t buy ElevenLabs on a public exchange yet, but there are a few realistic ways to think about exposure, from waiting for an IPO to using public-market proxies. Here’s what matters.
What is ElevenLabs?
ElevenLabs is a generative AI company focused on audio. Its products include text-to-speech, voice cloning, voice design, dubbing, sound effects, voice agents, and the ElevenReader app. The company says its mission is to make content accessible in any language and in any voice.
It was founded in 2022 by Mati Staniszewski and Piotr Dąbkowski and is headquartered in London, which it describes as the center for worldwide operations. ElevenLabs says it is a remote-first global company with talent across 15+ countries. On scale, it disclosed $350 million ARR at the end of 2025 and more than $500 million ARR by May 5, 2026. Its customer and partner list includes enterprises such as NVIDIA, Salesforce, Santander, KPN, Deutsche Telekom, Revolut, and Square.
Is ElevenLabs publicly traded?
No, ElevenLabs is currently a privately held company, so there is no public ticker for retail investors to buy today. The company’s own materials describe it as a privately funded startup, and there is no public-parent structure that would give investors indirect ownership through a listed parent.
Ownership is not fully disclosed, but the company remains founder-led and is co-founded by Mati Staniszewski and Piotr Dąbkowski. The most recent disclosed valuation is $11 billion, set by a $500 million Series D announced on February 4, 2026.
When will ElevenLabs go public?
ElevenLabs has not filed an S-1 that I could find, so there is no active IPO registration to track yet. The company has said it is building toward IPO and beyond, and CEO Mati Staniszewski reportedly said in March 2026 that ElevenLabs aims to be IPO-ready in two to three years.
For would-be investors, the key things to watch are continued ARR growth, enterprise adoption, and whether the company starts the formal SEC process. Until then, the valuation to watch is the latest private mark: $11 billion from the February 2026 Series D.
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For most retail investors, the first realistic option is to wait for an IPO. If ElevenLabs eventually lists, you would be able to buy shares through a brokerage account like any other public stock, but there is no public offering to participate in right now.
There is no public parent company to buy instead, so that route is off the table. The next best public-market approach is to look at comparable companies that investors use as proxies for voice AI and conversational software, especially SoundHound AI and Cerence. Those are not substitutes for owning ElevenLabs, but they are the closest listed names with similar exposure.
Private secondary markets can sometimes offer access to shares of private companies, but those are generally limited to accredited investors and availability is not guaranteed. If you are not accredited, or if shares are not being offered, that path usually isn’t available.
Closest publicly-traded alternatives
The closest public comp is SoundHound AI (NASDAQ: SOUN), which is the most direct listed proxy for voice AI and conversational voice interfaces. Cerence (NASDAQ: CRNC) is another strong comp because it focuses on speech tech and voice AI, especially in automotive and enterprise use cases.
A third imperfect but useful proxy is LivePerson (NASDAQ: LPSN), since ElevenLabs is increasingly selling voice agents into customer support and sales workflows. Investors looking at ElevenLabs usually end up comparing it with these public names because they offer the nearest listed exposure to voice AI, even though none is a perfect match.
Recent news
The biggest recent development was ElevenLabs’ February 4, 2026 Series D: $500 million raised at an $11 billion valuation, with Sequoia Capital leading and participation from investors including Andreessen Horowitz, ICONIQ, BlackRock, Wellington, NVIDIA via NVentures, Santander, Jamie Foxx, and Eva Longoria. The company later said on May 5, 2026 that it had crossed more than $500 million ARR.
Operationally, the company also signed notable enterprise deals. On January 14, 2026, it announced a partnership with Deutsche Telekom to bring voice agents to customer service, and on January 28, 2026, Revolut said it deployed ElevenLabs Agents for customer support across the UK and Europe, covering more than 4 million customers.
Verdict
If you want ElevenLabs specifically, the honest answer is that retail investors cannot buy it directly today. The practical choices are to wait for a future IPO, or use public-market proxies like SoundHound AI, Cerence, and LivePerson if you want exposure to the same broad theme.
For accredited investors, private secondary markets may occasionally offer access, but that is not a guaranteed or broadly available retail path. For everyone else, the best move is to track ElevenLabs’ IPO timeline and watch the public comps that already trade.
▌Common Questions
Frequently asked questions
+Is ElevenLabs publicly traded?
No, ElevenLabs is currently a privately held company, so there is no public ticker for retail investors to buy today. The company’s own materials describe it as a privately funded startup, and there is no public-parent structure that would give investors indirect ownership through a listed parent.
+When will ElevenLabs go public?
ElevenLabs has not filed an S-1 that I could find, so there is no active IPO registration to track yet. The company has said it is building toward IPO and beyond, and CEO Mati Staniszewski reportedly said in March 2026 that ElevenLabs aims to be IPO-ready in two to three years.
+How can you invest in ElevenLabs?
For most retail investors, the first realistic option is to wait for an IPO. If ElevenLabs eventually lists, you would be able to buy shares through a brokerage account like any other public stock, but there is no public offering to participate in right now.
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