ElevenLabs names ex-Adyen CFO Ethan Tandowsky as finance chief
What's the deal? ElevenLabs has hired Ethan TandowskyDealroom has a profile for this one. Try Dealroom → as chief financial officer. He was most recently CFO of Adyen, the payments company that supplies infrastructure to many of the world's largest enterprises.
Who is he? Tandowsky joined Adyen's finance team in 2016 and helped take the company public in 2018, becoming CFO in 2023. During his tenure, Adyen grew from 400 to 5,000 people and increased revenue 20x.
What does the company do? ElevenLabs builds voice and audio AI models supporting more than 90 languages. It has launched 10 million conversational agents across sales, support, hiring, and training, and now employs 800 people serving millions of developers, creators, and businesses.
Why now? The company is scaling fast, and its customer base is shifting toward large organisations. Enterprises now account for 55% of revenue, up from 40% a year ago, with clients including Nvidia, Stripe, Klarna, and Deutsche TelekomDealroom has a profile for this one. Try Dealroom →, plus governments from Brazil to Ukraine.
What's the endgame? Tandowsky will scale the company's financial infrastructure and shape how it invests in research, product, and global expansion. ElevenLabs is also building new financial models for creators, including a marketplace to earn money from their voice IP.
"My focus is to drive investment and build the financial foundation that allows the company to seize the significant opportunity ahead," Tandowsky said.
The signal: Recruiting a public-company CFO from a payments giant points to ElevenLabs preparing for the demands of an enterprise-heavy business — and, potentially, life as a larger, more institutional company.
Read more: elevenlabs.io
Image credit: Nordiske Mediedager
