Posted by Alumni from TechCrunch
December 10, 2025
What started as two Polish engineers annoyed by terrible movie dubbing has grown into a profitable company now valued at $6.6 billion, doubling from just nine months ago. The company recently announced a $100 million tender offer led by Sequoia and ICONIQ, with participation from a16z and others, as its tech powers everything from Fortnite characters to customer service bots and goes toe-to-toe with OpenAI to become the default voice of AI. Today on TechCrunch's Equity podcast, we're bringing you a conversation with CEO Mati Staniszewski from this year's Disrupt, where he made a surprising admission: He thinks voice models will be commoditized in just a couple of years. So what's ElevenLabs' plan when everyone else catches up' Theresa Loconsolo is an audio producer at TechCrunch focusing on Equity, the network's flagship podcast. Before joining TechCrunch in 2022, she was one of 2 producers at a four-station conglomerate where she wrote, recorded, voiced and edited content, and... learn more