Voice AI startup ElevenLabs recorded $330 million in annual recurring revenue as of end-2025.
TechCrunch reported on Jan. 13 that ElevenLabs CEO Mati Staniszewski told Bloomberg in an interview, "We reached $100 million ARR within 20 months after founding in 2022, and crossed $300 million five months later," underscoring rapid growth.
Companies from the Fortune 500 to startups are adopting its voice agent technology, and it handles more than 50,000 customer service calls a month, the company said.
In June 2025, ElevenLabs raised $180 million in a Series C funding round co-led by prominent Silicon Valley venture capital firms Andreessen Horowitz (a16z) and ICONIQ Growth. It was valued at $3.3 billion.
ElevenLabs is also expanding into music production features, in addition to AI voice generation and voice agent technology. Last year, it entered the entertainment market by producing AI voice content in collaboration with well-known actors including Michael Caine and Matthew McConaughey.
Chi-gyu Hwang
delight@d-today.co.kr