ElevenLabs’ CEO on hitting ~$600m revenue and outrunning the AI labs
The ALL-IN Podcast took its live show to the Louvre this week for the RAISE Summit. It put ElevenLabs co-founder and chief executive Mati Staniszewski in the hot seat. Host Jason Calacanis opened where it stings: revenue, competition, and whether a voice startup can outlast OpenAI and Anthropic. “It’s the best time to be building,” Staniszewski said.
A revenue ramp few can match
The numbers set the tone. Staniszewski said the company shipped its first genuinely human-sounding text-to-speech model in early 2023. It then took roughly 20 months to reach $100m in annual recurring revenue.
The next jumps came faster. He put it at about 10 months to $200m, then five months to $300m by the close of last year. Calacanis pegged the current run rate near $600m, and Staniszewski did not dispute it. That climb tracks the startup’s soaring paper value, recently in talks at a $22bn valuation...
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