ElevenLabs Surpasses $330 Million in Annual Recurring Revenue

Jan 14, 2026
ElevenLabs has crossed $330 million in annual recurring revenue, according to CEO Mati Staniszewski. The company’s voice AI technology is being adopted by enterprises and startups, handling over 50,000 calls per month.

ElevenLabs has surpassed $330 million in annual recurring revenue, CEO Mati Staniszewski said in an interview with Bloomberg, as shared by the company on X.

Staniszewski explained that the company reached $100 million in ARR within 20 months of its first product launch in 2023, then doubled that figure in 10 months, and added another $130 million over the following five months. The company’s AI voice and conversational agent technology is being used by both Fortune 500 firms and startups to enhance customer support and experience.

Enterprises are deploying ElevenLabs’ voice agents to handle over 50,000 calls per month, while creative teams are using its tools to dub content across more than 30 languages. The company also expanded into music generation and partnered with public figures such as Michael Caine and Matthew McConaughey for AI-generated content.

Founded in 2022, ElevenLabs raised $180 million in a Series C round co-led by a16z and ICONIQ Growth at a $3.3 billion valuation in January 2025, later doubling its valuation when ICONIQ and Sequoia purchased additional shares.

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