The AI Daily Brief · Wednesday, September 9, 2026
Voice AI company 11 Labs is reportedly exploring a possible Initial Public Offering (IPO) after hiring Ethan Tandowsky as its Chief Financial Officer. The company expects to reach $600 million in annualized revenue by year-end, up from $350 million last year, and has achieved profitability, with over half its revenue coming from enterprise customers.
“11 Labs has also hired a chief financial officer to help the startup head for a public listing.”
“Ethan brings a strong track record of scaling financial operations in high growth environments and valuable experience as CFO of a public company.”
“The company said that they are on track to reach $600 million in annualized revenue by the end of the year, up from $350 million at the end of last year.”