Keep pulling the thread on Mati Staniszewski.
ElevenLabs surpassed $200 million in annual recurring revenue (ARR).
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.
ElevenLabs raised a $19 million Series A round led by Andreessen Horowitz, with participation from Nat Friedman and Daniel Gross.
ElevenLabs' most recent funding round valued the company at $3.3 billion.
ElevenLabs is currently considering the acquisition of a large company valued in the hundreds of millions of dollars.
Matty believes that voice will become the primary user interface for all technology.
ElevenLabs' speech-to-text model outperforms models from OpenAI and Google's Gemini on industry benchmarks.
ElevenLabs plans to grow its headcount from 250 to 400 employees by the end of the current year.
ElevenLabs raised $2 million in its pre-seed funding round at a $9 million post-money valuation.
Matty estimates that ElevenLabs has a 6 to 12-month research and technology lead over its competitors in the voice AI space.
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 dollars in revenue for that client.
ElevenLabs' largest single customer contract is valued at approximately $2 million.