ElevenLabs ARR Hit $330M

ElevenLabs, the AI voice and audio generation platform, has reached an impressive $330M in annual recurring revenue (ARR), becoming one of the fastest-scaling AI companies in the market. The company’s growth trajectory is extraordinary: it went from $0 to $100M ARR in just 20 months, then accelerated to $200M ARR in the next 10 months, and added another $130M ARR in only 5 months, highlighting explosive enterprise and creator adoption across media, gaming, education, and AI-native applications.

At its core, ElevenLabs solves the problem of high-quality, natural-sounding voice generation at scale. Its platform enables developers and businesses to generate realistic speech, voice cloning, multilingual audio, and expressive narration through APIs and user-facing tools. This removes the need for costly voice actors and manual production workflows, while unlocking new use cases such as AI companions, audiobooks, video voiceovers, localization, and real-time conversational agents. The product’s ease of integration and output quality have made it a default choice for teams building audio-first AI experiences.

From a company metrics perspective, ElevenLabs’ ARR acceleration—$100M → $200M in 10 months and $200M → $330M in just 5 months—signals not only strong product-market fit but also rapidly expanding customer spend. Growth has been driven almost entirely by customer demand rather than aggressive sales expansion, underscoring high retention and usage-based expansion. With hundreds of thousands of creators and a fast-growing enterprise customer base, ElevenLabs is emerging as the category-defining infrastructure layer for AI-generated voice and audio.