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Matty, Sonic AI
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Matty
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Hims & Hers acquired Australian digital health company Eucalyptus for approximately $1.5 billion in cash.
Expert perspective
Matty
Apr 9
The lab testing offering is currently Hims & Hers' least profitable product, operated as a loss leader at cost.
Expert perspective
Matty
Apr 9
ElevenLabs plans to grow its headcount from 250 to 400 employees by the end of the current year.
Expert perspective
Matty
Mar 28
Matty asserts that ElevenLabs has healthier unit economics than many AI application companies because it controls its own research, product, and distribution.
Expert perspective
Matty
Mar 28
ElevenLabs' largest single customer contract is valued at approximately $2 million.
Expert perspective
Matty
Mar 28
ElevenLabs is currently considering the acquisition of a large company valued in the hundreds of millions of dollars.
Expert perspective
Matty
Mar 28
ElevenLabs has a corporate policy of not using traditional job titles to promote a focus on impact and allow for rapid internal mobility.
Expert perspective
Matty
Mar 28
Matty estimates that the global pool of top-tier, exceptional voice AI researchers numbers only 50 to 100 people, of which ElevenLabs employs 5 to 10.
Expert perspective
Matty
Mar 28
ElevenLabs' most recent funding round valued the company at $3.3 billion.
Expert perspective
Matty
Mar 28
During its pre-seed fundraising, ElevenLabs was rejected by 30 to 50 investors.
Expert perspective
Matty
Mar 28
The co-founders of ElevenLabs, Matty and Piotr, personally interview every candidate for the company, even at a scale of 250 employees.
Expert perspective
Matty
Mar 28
ElevenLabs' speech-to-text model outperforms models from OpenAI and Google's Gemini on industry benchmarks.
Expert perspective
Matty
Mar 28
Matty believes that voice will become the primary user interface for all technology.
Expert perspective
Matty
Mar 28
ElevenLabs surpassed $200 million in annual recurring revenue (ARR).
Expert perspective
Matty
Mar 28
An enterprise client of ElevenLabs used the company's component technologies to launch a competing dubbing product two weeks before ElevenLabs' own planned launch, generating tens of millions of dolla...
Expert perspective
Matty
Mar 28
Matty estimates that ElevenLabs has a 6 to 12-month research and technology lead over its competitors in the voice AI space.
Expert perspective
Matty
Mar 28
ElevenLabs raised a $19 million Series A round led by Andreessen Horowitz, with participation from Nat Friedman and Daniel Gross.
Expert perspective
Matty
Mar 28
ElevenLabs grew from launch to $100 million in ARR in 20 months, and then from $100 million to $200 million in ARR in the subsequent 10 months.
Expert perspective
Matty
Mar 28
ElevenLabs raised $2 million in its pre-seed funding round at a $9 million post-money valuation.
Expert perspective
Matty
Mar 28
ElevenLabs conducts a secondary sale and tender offer for all employees with vested stock during nearly every funding round to provide liquidity.
Expert perspective
Matty
Mar 28
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