They can conquer Wall Street. Elevenlabs moves to the global conquest and plans a stock market debut
The capital is to finance the network of new research and development hubs. London remains the most important, but subsequent centers are being built in New York and in Warsawand engineering positions were launched in San Francisco, Tokyo and Bangalore. CEO Mati Staniszewski revealed in an interview with CNBC that the next locations considered by the management are Paris, Singapore, Brazil and Mexico. The declaration is part of a wider strategy. Elevenlabs wants to be “local” where there is a demand for speech generating in subsequent languages and accentswhich is why it in parallel strengthens teams in Asia, Latin America and the EMEA region.
The market offensive has solid financial facilities. In the last round to A16Z and Iconiq Growth joined, among others Nea, Deutsche Telekom and Salesforce Ventures. Investors' trust is due to the fact that ElevenLabs tools generate voices in 32 languages todayand their API is already used by many companies from the Fortune 500 list.
Fresh capital will be used to further improve models (lower delays, full control over the emotionality of the voice) and develop new products, such as the Elevenreader mobile application or the ConVersational AI engine for the construction of voice agents.
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Elevenlabs is thinking about the stock exchange
Parallel, the Company began to seal corporate processes in terms of regulatory and reportingso as to be technically ready to enter the dance floor within five years. However, there is no date for IPO yet.
The geography of clients will determine the place of the debut. If it accelerates the London stock market scene, Elevenlabs will stay in this country. Otherwise, it will look for a more liquid market, probably in the United States.
The atmosphere around the technological public offers in London still raises mixed feelings – just recall the poor start of Delivero or recent Wise plans to move the main listing for the Atlantic. On the other hand, Renaissance Capital experts place ElevenLabs among the potential stars of the IPO market in 2025, which shows that Investors' appetite for AI is high Despite earlier turbulence.
