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.
- Reported valuation is $22 billion at about four years old
- Company cites $600 million ARR, over 55 percent enterprise
- Customers include Klarna, Deutsche Telekom, Cisco, and Adobe
- CEO says businesses should currently disclose AI voice agents
- Vendors
- ElevenLabs
- Organizations
- ElevenLabsKlarnaDeutsche TelekomCiscoAdobeDecagon
From the original article
5 min read at techcrunch.com
ElevenLabs powers the AI voice on the other end of a lot of customer service calls, and its CEO told me this week that businesses should probably tell you that — at least until getting a machine is what everyone expects anyway.
By Connie Loizos · techcrunch.com
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