Twenty minutes with the CEO of ElevenLabs, now reportedly valued at $22 billion
ElevenLabs CEO says the voice-AI firm is at $600 million ARR and a reported $22 billion valuation.
ElevenLabs, a four-year-old voice AI company, is reportedly valued at $22 billion and says it is pacing at $600 million in annual recurring revenue. CEO Mati Staniszewski told TechCrunch that more than 55 percent of revenue is classic enterprise, citing customers such as Klarna, Deutsche Telekom, Cisco, and Adobe. He said model quality gaps remain and that the company wants to pass a Turing test for conversational AI. He also said businesses should currently disclose when a caller is speaking with an AI agent.
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