B2B SaaS Provider · vs · B2B SaaS Provider

ELFI

ElevenLabs vs Five9

Structured technology and market comparison · 2026

Direct Feature Comparison

ElevenLabs · vs · Five9
Primary Market / Role
ElevenLabsB2B SaaS Provider
Five9B2B SaaS Provider
Platform Focus
ElevenLabs

Voice AI platform for speech, agents, and audio creation.

Five9

Cloud contact-centre software with AI, analytics and telephony.

Company Size
ElevenLabs501–1,000 employees
Five91,001–5,000 employees
Headquarters
ElevenLabsUS
Five9US
Year Founded
ElevenLabs2022
Five92001

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Comparison Analysis

What is the main difference between ElevenLabs and Five9?

When comparing ElevenLabs and Five9, both platforms operate within the Conversational AI & Chatbots, In-App, and B2B SaaS Provider ecosystem. ElevenLabs is positioned as Voice AI platform for speech, agents, and audio creation, whereas Five9 focuses on Cloud contact-centre software with AI, analytics and telephony. Decision-makers evaluate both solutions when orchestrating their commercial monetization and technology stack.

What are the top alternatives to ElevenLabs and Five9?

When evaluating ElevenLabs and Five9, enterprise buyers also consider other platforms in Conversational AI & Chatbots, In-App, and B2B SaaS Provider. You can discover the full competitive landscape and evaluate other alternatives by viewing their respective footprint profiles on Polaris7.

Market Signals

Recent Market Signals & Activity: ElevenLabs vs Five9

Documented market movements, strategic partnerships, product releases, and regulatory developments mapped across Polaris7.

EL

ElevenLabs

Recent Signals

  • ·ElevenLabs

    ElevenLabs valuation increases to $22 billion fueled by enterprise demand for conversational agents

    ElevenLabs valuation increases to $22 billion fueled by enterprise demand for conversational agents. Category Company Date Sep 30, 2026.

  • ·ElevenLabs Discovered

    ElevenLabs valuation increases to $22 billion fueled by enterprise demand for conversational agents

    ElevenLabs valuation increases to $22 billion fueled by enterprise demand for conversational agents. Category Company Date Sep 30, 2026

  • ·Tech.eu (European Tech & Deals)Funding

    ElevenLabs valuation doubles to $22B in tender offer

    ElevenLabs, a voice AI startup based in New York and London, completed a $300 million employee tender offer at a $22 billion valuation, doubling its valuation from February. Co-led by Wellington and T. Rowe Price, the tender included new investors EQT, Goldman Sachs, GIC, OTPP, Sapphire Ventures, and BDT & MSD, alongside existing backers. This is the company's second secondary transaction, following a $100 million tender at $6.6 billion in September 2025. The valuation surge is driven by the rapid growth of its conversational agents platform (ElevenAgents), which has more than tripled ARR since the Series D and now handles over 15 million conversations weekly. Enterprises account for 55% of revenue, with clients like Stripe, Deutsche Telekom, and SevenRooms. ElevenLabs also released new text-to-speech models (Eleven v4 and v4 Turbo) and plans an IPO in 2-3 years. The company faces a class-action lawsuit in Illinois over alleged biometric voiceprint extraction without consent.

    • ElevenLabs completed a $300 million employee tender offer at a $22 billion valuation, doubling from its Series D, co-led by Wellington and T. Rowe Price.
    • The valuation doubled from $11 billion in February 2026, and this is the second secondary transaction; the first was $100 million at $6.6 billion in September 2025.
    • ElevenAgents platform has more than tripled ARR since the Series D, handling over 15 million conversations weekly.
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Five9

Recent Signals

No recent market signals documented for Five9 in the current tracking window.

Compare their exact ecosystem overlaps.

Explore all deep relationships in Polaris7. Discover exactly which mutual clients, integrated technologies, and overlapping partners ElevenLabs and Five9 share across the market ecosystem.