ElevenLabs expands US presence with major AI investment and job creation in New York City

Hope Knight CEO and Commissioner at New York State Economic Development
Hope Knight CEO and Commissioner at New York State Economic Development - New York State Economic Development
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Hope Knight CEO and Commissioner at New York State Economic Development
Hope Knight CEO and Commissioner at New York State Economic Development - New York State Economic Development

ElevenLabs, a company specializing in artificial intelligence and based in London, will expand its United States operations in New York City. The expansion will bring 230 new jobs to Manhattan and includes a $33 million investment in research and development.

Governor Kathy Hochul stated, “New York is becoming one of the world’s premiere destinations for artificial intelligence companies, and ElevenLabs’ decision to expand here is proof that our strategy is working. With 230 new high-quality jobs, a $33 million R&D investment, and a fast-growing global footprint, ElevenLabs is choosing the Empire State because of our unmatched talent, energy and commitment to responsible technological advancement. We look forward to supporting the company’s continued growth in New York.”

Founded by Mati Staniszewski and Piotr Dąbkowski in 2022, ElevenLabs began by developing AI voice models inspired by their experiences with poor dubbing in Poland. The company now offers audio models for customer engagement platforms as well as creative tools for generating speech, music, images, and video. Its products are used by millions of users and thousands of businesses worldwide.

The planned expansion involves relocating from Spring Street to a larger office at 40 Crosby Street in Manhattan’s Soho neighborhood. Nearly 100 of the new roles will be software engineering positions. In addition to creating new jobs, ElevenLabs will retain 36 existing positions in New York City.

Empire State Development (ESD) is supporting the expansion with up to $4.4 million through its performance-based Excelsior Jobs Program tax credits. These incentives are linked to job creation targets and research investments.

Hope Knight, President, CEO and Commissioner of Empire State Development said, “ElevenLabs is at the forefront of innovation in generative AI audio, and its expansion in New York City reinforces our state’s leadership in attracting the world’s most dynamic technology companies. This project will create hundreds of good-paying jobs, deepen New York’s bench of engineering talent, and support cutting-edge R&D that strengthens our growing AI ecosystem. ESD is proud to support ElevenLabs as it scales its U.S. operations here in the Empire State.”

The move aligns with Governor Hochul’s broader strategy on artificial intelligence for New York State.



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