ElevenLabs ARR at $80M in 2 years

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.