AI audio startup ElevenLabs has launched a new platform called Music Marketplace, which lets musicians and creators publish tracks made with the company’s AI music generator and monetize those tracks each time a paid subscriber remixes or licenses them.
According to the company, once published to its Music Marketplace, tracks can be downloaded and used as they are, remixed into new projects, or licensed for use in videos, games, ads, and other commercial work.
When a paid subscriber uses a published track, the original creator earns from that use.
ElevenLabs launched Eleven Music – a rival to Suno and Udio – last summer, marking its expansion beyond voice synthesis into full AI music generation.
The company says that more than 14 million “studio-grade tracks have been created” via ElevenLabs since the launch of its AI music generator last year.
Eleven Music, according to ElevenLabs, was “built in collaboration with labels and artists” and “trained on licensed music”. The company added that the “songs generated [via Eleven Music] are cleared for commercial use”, giving creators a direct path to distribute and earn from that work without leaving ElevenLabs.
ElevenLabs has inked licensing agreements with prominent rightsholders, including Merlin and a potentially precedent-setting deal with publisher Kobalt.
The Marketplace model builds on the approach ElevenLabs says it “pioneered” with its Voice Library, where users share an AI-generated replica of their voice, set how it can be used, and earn each time a paid subscriber uses it.
ElevenLabs says it has paid more than $11 million to creators through the Voice Marketplace to date, and is now extending the same model to music.
“We’re expanding the model that’s paid out over $11 million to voice creators, and we think the earning potential for musicians is just as significant.”
Mati Staniszewski, ELEVENLABS
“Our community has already created 14 million songs with Eleven Music,” said ElevenLabs Co-Founder Mati Staniszewski. “The Music Marketplace gives every one of those artists and creators a way to publish and earn from their work.
“We’re expanding the model that’s paid out over $11 million to voice creators, and we think the earning potential for musicians is just as significant.”
“I’ve been lucky enough to work on records at the highest level, but what excites me about the Music Marketplace is that it opens that world up to everyone.”
Patrick Jordan-Patrikios, producer and songwriter
Among the first creators to share music on the marketplace is Patrick Jordan-Patrikios, producer and songwriter behind hits for artists such as Sia, Nicki Minaj, Britney Spears, and Little Mix.
“I’ve been lucky enough to work on records at the highest level, but what excites me about the Music Marketplace is that it opens that world up to everyone,” said Jordan-Patrikios. “Whether you’re a Grammy nominee or making music in your bedroom, you now have access to a global ecosystem where your work can be discovered, remixed and monetised instantly. That shift is huge. This is where the music economy is heading, and I’m proud to be part of what comes next.”
Prior to the launch of the Music Marketplace, ElevenLabs says companies in the gaming, advertising, music and media industries already use Eleven Music for custom music generation.
In February 2026, ElevenLabs raised $500 million in a Series D funding round, valuing the London and New York-headquartered company at $11 billion — more than triple its valuation from a year ago.
The round was led by Sequoia Capital, with partner Andrew Reed joining the ElevenLabs board.
The funding brought ElevenLabs’ total raised to $781 million across five rounds since its founding by CEO Staniszewski and CTO Piotr Dąbkowski in 2022.
In September 2025, ElevenLabs secured strategic investment from chip maker NVIDIA, the world’s most valuable company by market cap, which has a market cap of around $4.3 trillion at the time of publication (March 23).
ElevenLabs previously raised a $180 million Series C funding round in January 2025, valuing it at $3.3 billion.Music Business Worldwide
