ElevenLabs opened an office in Singapore on Oct. 8, 2026, naming it the company’s Southeast Asia hub and reinforcing its commitment to the wider Asia-Pacific region. The company framed the move around building AI communication products for local languages and contexts; reporting on the launch also cited plans to hire in engineering and sales.
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Why Singapore—and what the office is for
Co-founder and CEO Mati Staniszewski said ElevenLabs wanted to tap Singapore’s research and engineering talent.
1 The company’s stated regional goal is to build chatbots and narration services that support Southeast Asian languages and dialects, rather than simply extend an existing offering into a new market.
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ElevenLabs said 25 people were on the ground in Singapore, working alongside customers.
33 The launch announcement establishes that local presence and planned recruitment, but it does not confirm a fixed hiring target or a timetable for a larger team.
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Singapore infrastructure is part of the strategy
The office followed the company’s move to host its core AI models on Singapore-based infrastructure, which it said would better serve regional customers. The Straits Times reported that the hosting began three months before the office announcement and named Atome Financial among the customers.
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ElevenLabs’ documentation lists Singapore as a model-serving region and recommends geographic proximity as one way to reduce latency.
19 Its enterprise data-residency announcement says customer data and inference can stay entirely within Singapore for eligible services.
24 These are distinct benefits: nearby infrastructure may help with latency, while data residency addresses where processing and storage take place. Neither, on its own, guarantees a particular end-to-end response time or a specific customer outcome.
What the valuation and revenue reports do—and don’t—show
The valuation reporting around the Singapore launch is inconsistent. The Straits Times described ElevenLabs as valued at US$22 billion, and the company announced a US$22 billion valuation in a Sept. 30 blog post.
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29 But an Oct. 8 report cited an US$11 billion valuation.
3 The available reports therefore do not establish a single undisputed figure for the company’s valuation at the time of the launch.
A separate report published on Oct. 25 said ElevenLabs had reached US$600 million in annual recurring revenue and that enterprise customers accounted for more than 55% of its business.
8 That report does not establish the claimed July timing or verify the specific customer list in the launch question. Those figures should not be presented as facts confirmed by the Singapore announcement.
The broader significance
The confirmed picture is a locally staffed regional hub, plans to add engineering and sales roles, and Singapore-based infrastructure supporting regional customers.
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33 Together, those steps show how ElevenLabs is positioning its expansion: closer to customers and technical talent, with an emphasis on region-specific language needs. The available sources do not establish the detailed hiring projections, competitor comparisons or particular Singlish-training plans described in some accounts.