ElevenLabs CEO Mati Staniszewski confirmed that the AI voice leader is officially building toward an Initial Public Offering (IPO), with a target window of 2027 to 2028.
The announcement, made during a broadcast interview in Poland, follows a massive $500 million Series D funding round in February 2026 that valued the company at $11 billion—tripling its valuation in just over a year.
The “Dual Listing” Strategy
In a notable move for a global AI powerhouse, Staniszewski revealed that the company is considering a dual listing.
- Warsaw Stock Exchange (WSE): The CEO expressed a strong desire to “give back” to his roots by listing in Poland.
- Secondary Location: While not explicitly named, the second exchange is widely expected to be the Nasdaq or NYSE in the United States, given ElevenLabs’ significant New York operations and American venture backing.
Financial Momentum
ElevenLabs’ IPO ambitions are backed by some of the most aggressive growth metrics in the current AI sector.
| Metric | Status (Early 2026) |
| Current Valuation | $11 Billion (Series D, Feb 2026) |
| Annual Recurring Revenue (ARR) | $330 Million (Ended 2025); targeting $600M+ for 2026. |
| Total Funding | $781 Million across five rounds. |
| Key Backers | Sequoia Capital (Lead), Andreessen Horowitz, Nvidia, and Salesforce Ventures. |
Product Roadmap: Beyond Voice
The push toward an IPO is fueled by a pivot from being a “voice cloning startup” to a full-stack “Agentic AI” infrastructure provider.
- ElevenAgents: The company’s flagship enterprise platform now handles over 2 million conversational AI agents for giants like Deutsche Telekom and Revolut.
- Audio General Intelligence (AGI): Research is shifting toward “emotional conversational models” and “audio infilling,” where AI can generate entire studio-grade soundtracks, music, and dubbing from a single prompt.
- Global Expansion: The new capital is being used to embed go-to-market teams in 15 global hubs, including Tokyo, Seoul, Bengaluru, and São Paulo, to capture the surging demand for localized enterprise voice.
Why 2-3 Years?
The 2027–2028 timeline is strategic for two reasons:
- Revenue Maturity: At its current growth rate, ElevenLabs could hit the $1 billion ARR milestone by late 2027, a traditional “gold standard” for high-profile tech IPOs.
- Market Alignment: This window mirrors the expected IPO timing for other AI giants like OpenAI and Anthropic, potentially forming a historic wave of “Frontier AI” public listings.
