ElevenLabs ARR Hit $300M
Dec 2, 2025
ElevenLabs — the AI voice-generation and speech-synthesis platform — has surged to an estimated $300 million ARR by end of 2025, after growing from roughly $25M at the end of 2023.
The company has also achieved a post-money valuation of $6.6 billion, following a $100 M employee tender at that valuation in late 2025.
ElevenLabs solves the problem of high-quality, scalable voice generation, providing tools for text-to-speech (TTS), voice cloning, AI dubbing, and multimedia voice workflows that previously required expensive studio time or voice actors.
Its platform supports developers, creators, and enterprises in producing natural, expressive human-like speech in multiple languages — enabling everything from audiobooks, podcasts, and videos to customer support bots and conversational agents.
According to reports, the platform now powers over 2 million conversational agents used across web, phone, and apps, and is used by a large number of Fortune 500 companies.
On the company side, ElevenLabs has raised about $281 million in total funding across multiple rounds since its founding in 2022, including a $180 M Series C in January 2025.
The company has also maintained profitability while scaling, benefiting from efficient unit economics typical of AI-native SaaS: low customer acquisition costs, high margins, and a business model combining enterprise contracts with self-serve viral adoption, reportedly nearing a 50/50 split between self-serve and enterprise revenue.