Eleven Labs is a prominent AI research and deployment company specializing in voice synthesis technology. Founded in 2022, it aims to make content universally accessible through realistic and versatile AI audio models.
The company has developed advanced tools for generating synthetic voices, which are particularly useful for applications such as audiobook narration and real-time video dubbing into various languages.
Eleven Labs has gained significant attention from investors, with reports indicating that the company may soon be valued at around $3 billion due to its rapid growth and increasing annualized recurring revenue (ARR), which has reportedly surged from $25 million to approximately $80 million within a year.
ElevenLabs ARR at $80M in 2 years
⚡ Grew from $25M to $80M ARR in just 9.9 months (beating 54% of SaaS peers)
Reported ARR$80M
Growth Rate+112%
IndustryVoice AI
Jul 9, 2026
ElevenLabs ARR hit $600M within just 29 months of launching its first product$600M
⚡ Grew from $500M to $600M ARR in just 2.1 months
May 5, 2026
ElevenLabs ARR crosses $500M, from $0 to $500M in 3 years and 3 months$500M
⚡ Grew from $330M to $500M ARR in just 3.7 months (beating 52% of SaaS peers)
Jan 15, 2026
ElevenLabs ARR Hit $330M$330M
⚡ Grew from $300M to $330M ARR in just 1.4 months
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