ElevenLabs announced on September 30, 2026 that a $300 million employee tender values the company at $22 billion, double its February Series D price. Six days earlier, CEO Mati Staniszewski told TechCrunch that annual recurring revenue stood at $600 million.
This page tracks ElevenLabs statistics on 2026 ARR, revenue mix, valuation, agent usage, headcount, and pricing, using company disclosures dated through October 2026.
ElevenLabs Statistics
How Much ARR Has ElevenLabs Added in 2026?
ElevenLabs reached $600 million in ARR by September 2026, according to Staniszewski’s TechCrunch interview published September 24. The company had put its end-of-2025 figure at $350 million in a May update.
Its February Series D release described the same 2025 exit point as “over $330 million.” Both figures come from ElevenLabs; the chart uses the later one.
| Period | Reported ARR | Disclosed in |
|---|---|---|
| End of 2025 | $350M (earlier stated as over $330M) | Company blog, May 2026 |
| End of Q1 2026 | About $450M | CEO statement, April 2026 |
| First four months of 2026 | Over $500M | Company blog, May 2026 |
| September 2026 | $600M | CEO interview, September 2026 |
Source: ElevenLabs disclosures and CEO statements reported by TechCrunch, February to September 2026
Q1 2026 alone added $100 million in net new ARR, Staniszewski said in April. ElevenAgents ARR more than tripled between February and September 2026, per the tender announcement.
All of these are company-disclosed run-rate figures, not recognized revenue.
How fast did ElevenLabs reach each ARR milestone?
| Milestone | Time taken |
|---|---|
| $100M ARR | 20 months |
| $200M ARR | 10 more months |
| Over $330M ARR | 5 more months |
Source: Mati Staniszewski interview with Bloomberg, reported by TechCrunch, January 2026
Enterprise Share of ElevenLabs Revenue Hits 55%
55% enterprise
Enterprise customers accounted for 55% of ElevenLabs revenue as of September 30, 2026. Staniszewski told TechCrunch the rest comes mainly from small and medium businesses, developers, and creators.
A year earlier, in September 2025, the company said it was nearing a 50/50 split between enterprise and self-serve revenue. Enterprise revenue had grown more than 200% over the prior 12 months.
Customers pick the reasoning model behind each agent, Staniszewski said, using frontier models for high-stakes work such as authenticated financial services. That choice ties ElevenLabs to wider enterprise LLM vendor shares.
Source: ElevenLabs, September 2025 and September 2026; TechCrunch, September 2026
Reach among top-10 companies by industry
ElevenLabs technology runs in daily operations at five of the world’s ten largest tech companies. The same holds for five of the ten largest insurers and four of the ten largest telecoms.
Source: ElevenLabs tender announcement, September 30, 2026
From $9 Million to $22 Billion: ElevenLabs Valuation Statistics
| Date | Event | Amount | Valuation | Type |
|---|---|---|---|---|
| 2022 | First round | Not stated | $9M | Primary |
| Jan 2024 | Series B | $80M | Unicorn status (figure not stated) | Primary |
| Jan 2025 | Series C | 180M | 3.3B | Primary |
| Sep 2025 | Employee tender | 100M | 6.6B | Secondary |
| Feb 2026 | Series D | 500M | 11B | Primary |
| May 2026 | Employee tender | $100M | Not stated | Secondary |
| Sep 2026 | Employee tender | 300M | 22B | Secondary |
Source: ElevenLabs funding and tender announcements, January 2024 to September 2026; Series C valuation as reported by TechCrunch
Total primary funding reached $781 million across five rounds after the February 2026 Series D, led by Sequoia Capital. Billboard reported that existing investors and employees sold the $300 million of stock in the September tender.
The Financial Times placed ElevenLabs among the 10 most valuable AI labs outside China, based on its analysis of Dealroom data. That ranking sits against a broader pattern in AI startup funding by region.
Wellington and T. Rowe Price led the September tender. BDT & MSD, EQT, GIC, Goldman Sachs, OTPP, and Sapphire Ventures joined as first-time investors.
Source: ElevenLabs, February and September 2026; Billboard and Financial Times, September 2026
How Many Conversations Do ElevenLabs Agents Handle Each Week?
ElevenAgents handled more than 15 million conversations per week as of September 2026, three times the February level. In September 2025, the company had reported over 2 million conversational agents built on its platform.
A company analysis of its own customers found voice agents resolved issues 31% faster than chat agents on average. Companies running multichannel support on ElevenAgents doubled between February and September 2026.
Source: ElevenLabs, September 2025 and September 2026
Klarna and Revolut deployments
| Customer | Region | Customers covered | Reported result |
|---|---|---|---|
| Klarna | United States | 35 million | Resolutions up to 10x faster for queries the agent handles |
| Revolut | UK and Europe | 4 million+ | Time-to-resolution cut more than 8x in the first rollout phase, 30+ languages |
Source: ElevenLabs customer case studies, 2026
Revolut’s agents close tickets in under five minutes, versus 8x that time or more for its previous agents, queues included. Figures like these feed into tracking of AI job displacement by industry.
Klarna plans to extend the assistant to its 114 million customers worldwide. That is a stated plan, not a completed rollout.
Since February 2026, Stripe, Deutsche Telekom, SevenRooms, Admiral, Customers Bank, Cadence, and the governments of Ukraine and Greece have rolled out ElevenAgents. The list mirrors wider enterprise agent adoption figures.
Source: ElevenLabs, September 2026
ElevenLabs Employee Count Passed 800 in September 2026
ElevenLabs reported more than 800 staff in September 2026. In May 2026, the count was 530, spread across more than 50 countries.
| Date | Headcount |
|---|---|
| January 2024 | 40 |
| September 2024 | 70 |
| September 2025 | 330+ |
| May 2026 | 530 |
| September 2026 | 800+ |
Source: ElevenLabs blog announcements, January 2024 to September 2026
In June 2026, the company announced a California expansion it said would create 173 jobs. That is a hiring plan, not a reported headcount change.
Pricing Statistics for ElevenLabs Plans (October 2026)
ElevenCreative lists six self-serve tiers from $0 to $990 a month, plus custom Enterprise pricing. ElevenAgents and ElevenAPI have separate price pages.
| Plan | List price per month | Credits per month | TTS minutes included (web app) | Concurrent requests |
|---|---|---|---|---|
| Free | $0 | 10,000 | ~10 | 2 |
| Starter | $6 | 30,000 | ~30 | 3 |
| Creator | $22 | 121,000 | ~121 | 5 |
| Pro | $99 | 600,000 | ~600 | 10 |
| Scale | $299 | 1.8M | ~1,800 | 15 |
| Business | $990 | 6M | ~6,000 | 25 |
| Enterprise | Custom | Custom | Custom | Elevated |
Source: ElevenLabs pricing page (ElevenCreative, monthly billing), accessed October 5, 2026
Scale includes 3 workspace seats and 3 Professional Voice Clones; Business includes 10 of each. Promotional pricing puts Starter’s first month at $1 until October 18, and Creator’s first month at $11.
Voice Creators Have Earned $22 Million on ElevenLabs
Creators who list voices on ElevenLabs had earned $22 million by May 2026, the company reported. The company announced the Voice Library marketplace that pays them alongside its January 2024 Series B.
Source: ElevenLabs, January 2024 and May 2026
Universal Music Group agreement
Universal Music Group and ElevenLabs signed a multi-year licensing deal on September 10, 2026, ElevenLabs’ first with a major label. The deal lands amid ongoing AI training data licensing disputes involving music companies.
The first product is a fan remix and mashup platform, still in development, covering only artists who opt in. Neither company disclosed financial terms or a launch date.
Source: UMG and ElevenLabs joint announcement, September 10, 2026
Model releases
Eleven v4 and v4 Turbo shipped alongside the September 2026 tender news. ElevenLabs says its models speak, listen, and translate in over 90 languages spoken natively by more than 5.5 billion people, a scope relevant to the multimodal AI market.
In 2025, the company released Eleven v3 and Eleven Music, which it says generates music from text prompts for commercial use. Both now compete with other AI music and vocal tools.
Source: ElevenLabs, September 2025 and September 2026
Is ElevenLabs Planning an IPO?
ElevenLabs has not set an IPO date. Staniszewski declined to confirm a 2028 listing when TechCrunch asked in September 2026.
Crypto Briefing had earlier reported a 2028 window. In the February 2026 Series D release, Staniszewski said the company is building toward an IPO.
In May 2026, ElevenLabs opened a route for retail investors through Robinhood Ventures but gave no program details.
Source: ElevenLabs, February and May 2026; TechCrunch, September 2026
FAQs
How much is ElevenLabs worth in 2026?
$22 billion. That valuation comes from a $300 million employee tender announced September 30, 2026, led by Wellington and T. Rowe Price. It doubled the $11 billion Series D valuation from February 2026.
What is ElevenLabs’ annual revenue?
ElevenLabs reported $600 million in annual recurring revenue in September 2026, per CEO Mati Staniszewski. The company ended 2025 at $350 million. ARR is a run-rate measure, not audited revenue.
How many people work at ElevenLabs?
More than 800 as of September 2026, the company said. Headcount was 530 in May 2026 and over 330 in September 2025.
Is ElevenLabs free to use?
Yes. The Free plan includes 10,000 credits per month, about 10 minutes of text-to-speech in the web app. Paid plans start at $6 per month for Starter, as of October 2026.
Does ElevenLabs have an official Reddit community?
Yes. ElevenLabs links to r/ElevenLabs from its website footer, alongside its Discord, GitHub, YouTube, and other social channels.
Sources
https://elevenlabs.io/blog/tender-22bn
https://elevenlabs.io/blog/500m-arr-and-new-investors