The Ledger
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Staniszewski: AI research is only a head start; ecosystems create lasting value
“The thing that will really give that long-term value is the ecosystem that you create around, whether that's the run and distribution, whether that's the collection of voices you can have, the collection of integrations you can build, the workflows that you ca…”
ElevenLabs reached $300M ARR, split evenly between self-serve and enterprise
“We are at three hundred million in, in, in ARR, which is roughly fifty-fifty between SelfServe, so a lot of subscription and creators using our creative platform, and then Approaching 50% on the enterprise side using our agents platform work, and that's on the…”
Ukraine's government partnered with ElevenLabs to build agentic public services
“Recently I went to Ukraine where we are working with Ministry of Transformation, where they are effectively creating a first agent in government, and the crazy thing is, they have all of those.”
Staniszewski: ElevenLabs' Scribe v2 hits 93.5% accuracy under 150ms latency
“We just released our speech-to-text model, Scribe v.II, which is under a 150 milliseconds, 93.5% accuracy across the top 30 languages on, on Flourers. And it's only top 30 here because we serve so many others, but most of the people don't. So so it's so it's b…”
Staniszewski: ElevenLabs has over 5 million monthly active creative users
“And we serve more than five million monthly actives on that creative side of the work.”
Legacy annotation firms failed at audio emotion labeling, forcing in-house creation
“The understanding of how you describe audio data is still lagging in the industry. Like, when we initially started, we, of course, went into the traditional players for them to help us label not only what was said, so, like, transcription, but also how it was …”
Staniszewski: ElevenLabs powered interactive Darth Vader voice in Fortnite
“We worked with them on bringing the voice of Darth Vader and Darth Vader into Fortnite, where millions of players could interact with Darth Vader live in the game, where you had like a full experience of Darth Vader in a, in, in, in a new way.”
ElevenLabs employs roughly 10 of the world's top 100 audio researchers
“We think there's maybe 50 to a hundred researchers in audio space that could do it. We think we have probably 10 of them in the company that that are some of the best ones.”
Staniszewski: Voice agent success requires system integrations, not just orchestration
“There's the product layer that starts forming that it's not only the orchestration that matters. It's also the integrations of how you link up to the legacy systems, how you build functions around it, or how you deploy that in production and test, monitor, eva…”
Staniszewski: Real-time audio dubbing will break global language barriers
“And I still think actually this market will be immense because it's not going to be only the static delivery in movies, but if you travel around the world and want to communicate in real time, like the full bubble fish idea from Hedgehacker's Guide to Galaxy, …”
Staniszewski: ElevenLabs releasing low-latency emotional orchestration within months
“We are releasing, we'll be releasing over the next couple of months a new orchestration mechanism that will lower the end-to-end part we think in a great way. But second thing, which is what is so hard, is it's not going to only allow you to combine those piec…”
Staniszewski: ElevenLabs employs 'voice sommelier' team for enterprise branding
“We have, like, a voice sommelier, effectively, with us. We work with enterprises. We deploy that person to Work with them and help them navigate. That person is like a voice coach, has an incredible voice themselves, and now we have, like, a team under that pe…”
Staniszewski: ElevenLabs builds product workarounds if research takes over 3 months
“And rough rule of thumb is, like, three months. If we think it's going to be longer than three months, we would probably build it. If it's less than that, we probably won't.”
Staniszewski: ElevenLabs has grown to 350 employees globally
“So we've grown to all, 350 people globally.”
HeyGen uses OpenAI and ElevenLabs alongside proprietary video models
“We work with OpenAI, ChatGPT on the text generation side. Obviously also serves like the brain of the orchestration engine that we build internally. And we work with you know, OpenAI and Event Lab on the voice engine, but we build the entire video stack in-hou…”