ElevenLabs is a privately owned company headquartered in the US, founded in 2022 with approximately 40 employees. The company reported $3.4M in revenue as of 2023. Functioning as a generative AI software company, ElevenLabs specializes in developing natural-sounding speech synthesis and text-to-speech software, utilizing artificial intelligence and deep learning technologies.
On July 9, ElevenLabs introduced "ElevenAgents Spotlight," an observation and improvement layer for its ElevenAgents platform, designed to facilitate continuous improvement of enterprise AI agents after deployment. Earlier the same day, Alpha Bank expanded its collaboration with ElevenLabs to integrate a new AI voice assistant into its call center, allowing customers to describe their requests in natural language and aiming to reduce service time. The service, which supports both Greek and English, will gradually deploy across all digital customer touchpoints as part of Alpha Bank's strategy to embed artificial intelligence. Previously, on July 8, Vantage announced support for ElevenLabs cost and usage data, enabling customers to track voice generation consumption and costs directly within Vantage by integrating an ElevenLabs API key. Also on July 8, co-founder and CEO Mati Staniszewski appeared on the ALL-IN Podcast during the RAISE Summit, where he discussed the company's revenue and competitive position against other AI labs.
ElevenLabs's customers primarily consist of computer Games and ad measurement and verification companies. Examples of ElevenLabs's customers include Paradox Interactive, MNTN and Magicave. ElevenLabs has commercial and technical partners like Super Hi-Fi, Pika Labs and Audacy.