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Matej Staniszewski, CEO of ElevenLabs, the AI voice generation startup, said its annual recurring revenue exceeded $330 million (ARR). Bloomberg.
“Actually, what this (growth in ARR) shows is this trajectory across the company. We started the company in 2022 and launched the first product in 2023. It took 20 months to get to $100 million in ARR, 10 months to get to $200 million, and five months to get to the current number.”
Both Fortune 500 companies and startups are adopting their own voice agent technology, which uses company data and knowledge bases to power customer support and customer experience interactions, Staniszewski said. in Separate post on XThe company indicated that companies have deployed its technology to handle more than 50,000 calls per month.
The startup has raised $180 million in Series C funding Co-led by a16z and ICONIQ Growth at a valuation of $3.3 billion In June 2025. Then it doubled Evaluation three months Later when ICONIQ and another previous investor, Sequoia, paid another $100 million to… Capture employee shares.
Besides introducing voice generation models and voice agents, the company launched Music creation capabilities Last year, it also hit A deal with celebrities like Michael Caine and Matthew McConaughey to use their voices in AI-generated content.