Annualized recurring revenue (ARR) grew from $25 million in 2023 to approximately $90 million by late 2024, with significant customer adoption across various industries.
Revenue Amount
$90,000,000
ARR
$90,000,000
Organizations Involved
Washington Post, HarperCollins, Bertelsmann, Syntheisa
Founders
Mati Staniszewski, Piotr Dabkowski
Company Description
ElevenLabs develops AI audio models for speech and sound generation.
Market
Synthetic Voice Technology
Location
New York,
New York,
USA
Coinvestors
Andreessen Horowitz, Sequoia, Credo Ventures, Concept Ventures, Salesforce Ventures, Disney