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 March 21, 2026, ElevenLabs' mobile application reached $1 million in annual recurring revenue (ARR) within 16 days of launch, having shipped two revenue-generating apps with hybrid monetization models across three platforms. Previously, on March 20, 2026, EasyCall, a brand of SoftBlue, announced it would develop voicebots in Poland utilizing ElevenLabs' AI speech generation technology. This partnership seeks to meet the growing demand for communication automation, particularly in the healthcare sector. Earlier, on March 19, 2026, ElevenLabs launched a music marketplace, allowing users to publish and sell tracks created with the company's ElevenCreative AI music model and earn revenue from downloads, remixes, or licenses.
ElevenLabs's customers primarily consist of ad measurement and verification and computer Games companies. Examples of ElevenLabs's customers include Magicave, MNTN and Paradox Interactive. ElevenLabs has commercial and technical partners like Audacy, Super Hi-Fi and Pika Labs.
Subscribe for full access to ElevenLabs's products in full detail 
