ElevenLabs reports rapid revenue growth and enterprise adoption of its voice AI

TechCrunch
TechCrunch
6h ago
ElevenLabs CEO Mati Staniszewski said the voice AI startup crossed $330 million in annual recurring revenue last year and described accelerating growth since its 2022 founding.
ElevenLabs reports rapid revenue growth and enterprise adoption of its voice AI
A What happened
ElevenLabs crossed $330 million in annual recurring revenue (ARR), CEO Mati Staniszewski said in an interview with Bloomberg. Staniszewski said the company started in 2022, launched its first product in 2023, and reached $100 million ARR in 20 months, $200 million ARR in 10 months, and $330 million ARR in five months. He said Fortune 500 companies and startups are adopting its voice agent technology for customer support and customer experience interactions. The company said enterprises have deployed its technology to handle more than 50,000 calls per month.

Key insights

  • 1

    Staniszewski linked ARR growth to company trajectory: Staniszewski said the ARR growth shows the company’s trajectory and provided time intervals for reaching $100 million, $200 million, and $330 million in ARR.

  • 2

    Voice agents positioned for customer support use cases: Staniszewski said the voice agent technology uses company data and knowledge bases to power customer support and customer experience interactions.

  • 3

    Enterprise deployments measured in call volume: The company said enterprises have deployed its technology to handle more than 50,000 calls per month.

Takeaways

ElevenLabs reported $330 million ARR, enterprise deployments exceeding 50,000 calls per month, and major funding and valuation increases since 2025.

Topics

Technology & Innovation Artificial Intelligence Business & Markets Startups/VC

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