ElevenLabs, the AI voice‑generation startup, announced it has reached $330 million in annual recurring revenue. The company, founded in 2022 and launched its first product in 2023, achieved rapid growth, hitting $100 million ARR in 20 months, $200 million in 10 months and the current level in five months. Fortune 500 firms and emerging startups are adopting its voice‑agent platform, which powers customer support and experience interactions. Enterprises have deployed the technology to handle more than 50,000 calls each month. The firm recently closed a $180 million Series C round co‑led by a16z and ICONIQ Growth, pushing its valuation to $3.3 billion, and later secured an additional $100 million from ICONIQ and Sequoia. ElevenLabs also expanded its offerings with music‑creation tools and celebrity voice partnerships.
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