
In 2025, ElevenLabs transformed from a specialized voice-cloning tool into a comprehensive multimodal audio platform. The year was defined by a massive $180 million Series C funding round and the inaugural ElevenLabs Summit in November, where the company’s valuation reached an estimated $6.6 billion.
Here are the key updates and highlights from 2025:
1. Core Model Breakthroughs
- Eleven v3: Launched as their most expressive model to date. It introduced “Audio Tags”, allowing creators to manually insert cues like
[whisper],[sighs], or[shouting]. It also natively supports multi-speaker dialogues in a single generation, eliminating the need to stitch separate clips together. - Eleven Music: A new foundational model that generates studio-quality music from text prompts. It allows for full control over genre, tempo, and mood, marking the company’s first major step beyond speech.
- Scribe v2 & Realtime: A state-of-the-art Speech-to-Text model supporting 90+ languages. The Realtime version offers live transcription with ultra-low latency (under 150ms), designed for seamless human-agent interaction.
2. Product Rebranding & “Studio”
- Projects is now “Studio”: The long-form narration tool was renamed and made generally available to all users. It features a redesigned UI similar to “Google Docs” and includes arbitrary regenerations, where users can highlight a single word or sentence to regenerate just that specific portion.
- Conversational AI is now “ElevenAgents”: Reflecting a shift from simple bots to autonomous agents. The platform now includes “Workflows”—a visual, drag-and-drop editor for designing complex conversation logic and tool-calling capabilities.
3. Multimodal Creative Workflow
ElevenLabs launched a unified workflow that bridges the gap between audio and visual AI.
- Image & Video Integration: Users can now generate high-quality visuals using integrated models like Sora, Veo, and Kling directly within the ElevenLabs interface.
- Automatic Syncing: The platform can automatically sync generated voiceovers and music with these AI-generated video clips, creating a “one-stop shop” for AI filmmaking.
4. The “Iconic Marketplace” & Partnerships
The November Summit unveiled high-profile partnerships that solidified ElevenLabs’ enterprise standing:
- Iconic Voices: Partnership with Sir Michael Caine and Matthew McConaughey (who was also revealed as a major investor) to bring their voices to the marketplace.
- Government & Social Impact: A historic partnership with Ukraine’s Ministry of Digital Transformation to voice core public services, and collaborations with health organizations to restore identity for individuals with speech loss (e.g., ALS).
- Enterprise Adoption: Major rollouts with Klarna (reducing time-to-resolution by 10x) and MasterClass to power AI-driven interactive instructors.
5. Global Expansion
ElevenLabs expanded its physical footprint significantly in 2025 by:
- Establishing a Japanese subsidiary (ElevenLabs G.K.).
- Launching dedicated infrastructure hubs in the UK, India, and Korea.
- Expanding multilingual support to 70+ languages and 420 dialects.








