ElevenLabs, the AI voice-generation company, has achieved a significant milestone by surpassing $330 million in annual recurring revenue (ARR) last year, as revealed by CEO Mati Staniszewski in an interview with Bloomberg. The company’s rapid growth trajectory is evident, with key milestones including reaching $100 million in ARR in 20 months, $200 million in 10 months, and the recent $330 million mark in just five months.
The core technology driving ElevenLabs’ success is its innovative voice agent technology, utilized by both Fortune 500 companies and startups. This technology leverages company data and knowledge bases to enhance customer support and experience interactions, handling over 50,000 calls per month for enterprises.
Backed by substantial funding rounds, ElevenLabs raised $180 million in Series C funding in 2025, leading to a valuation of $3.3 billion. Subsequent investments have further increased the company’s value, enabling strategic expansions and partnerships.
In addition to its voice agent solutions, ElevenLabs has diversified its offerings by introducing music creation capabilities and collaborating with renowned personalities like Michael Caine and Matthew McConaughey to generate AI-driven content using their voices.
This remarkable growth and technological advancements demonstrate ElevenLabs’ position as a leader in the AI voice-generation sector, reshaping customer interactions and setting new industry standards.
Source: TechCrunch