The Ledger
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Weitzman: ElevenLabs inference costs range from $30 to $100 per million characters
“For the like standard model is anywhere from 70 to a hundred bucks. And for the V three fast model, it's like 30 bucks.”
ElevenLabs speech-to-text beats OpenAI and Gemini on benchmarks
“Then speech to text is beating open AI, Gemini on benchmarks.”
Reyna scaled ElevenLabs revenue from zero to over $350M ARR
“He's scaled the revenue org from zero to over three hundred and fifty million in ARR.”
ElevenLabs generates revenue using an internal AI customer success manager
“And that has close deals for us already. We generate money from that AI customer success manager fundamentally because it is humanly, right?”
Staniszewski: OpenAI will definitely enter the AI voice market
“They definitely will, but I think they, you know, they lack the...”
Reyna committed to investing in ElevenLabs after a 30-minute conversation
“11, I mean, like, I talked to Matic for 30 minutes and I committed, right?”
Staniszewski: a16z connected ElevenLabs with celebrities before investing
“A-sixteen Z was phenomenal. They did exactly what we spoke about, which was, they've shown us that they cared before they invested. They introduced us to incredible people, to some celebrities to work on the voice licensing. So they were like on it for two wee…”