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description: ElevenLabs CEO Mati Staniszewski discusses the company's reported $22 billion valuation and $600 million ARR pace in an interview covering enterprise voice AI...
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# 20 minutes with the CEO of ElevenLabs, now reportedly valued at $22B

**[TechCrunch](https://daily.dev/sources/tc)** · 7 min read · 0 upvotes · 0 comments

## Summary

ElevenLabs CEO Mati Staniszewski discusses the company's reported $22 billion valuation and $600 million ARR pace in an interview covering enterprise voice AI deployment, competition with customers like Decagon, use of frontier versus open-weight models depending on risk tolerance, AI disclosure ethics in customer service calls, training data annotation practices, a possible 2028 IPO, and safety precautions against misuse compared to Hugging Face's exposure.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/09/24/twenty-minutes-with-the-ceo-of-elevenlabs-now-reportedly-valued-at-22-billion>

## Questions this post answers

### What is ElevenLabs' current annual recurring revenue and valuation?

ElevenLabs is pacing at $600 million in annual recurring revenue and was reportedly valued at $22 billion by its backers in a tender offer discussed around July 2026, despite the company being only four years old. More than 55% of its business comes from classic enterprise customers, with the remainder split among small and medium businesses, developers, and creators.

_Founders benchmarking AI voice startups can follow funding and revenue milestones like these on daily.dev._

### Does ElevenLabs use open-weight or frontier AI models for its voice agents?

ElevenLabs lets customers choose their reasoning layer, using open-source models for purely informational interactions where the knowledge base defines a good experience, but relying on frontier models for higher-stakes cases like financial services requiring authentication and zero tolerance for error. The choice depends on deployment requirements, including government clients needing data residency and fine-tuned models.

_Teams weighing open-weight versus frontier models for production agents can track these tradeoffs on daily.dev._

### Should businesses disclose when customers are talking to an AI voice agent instead of a human?

Businesses should currently disclose when a customer is speaking with an AI agent rather than a human, according to ElevenLabs' CEO, because people are not yet used to it and feel cheated if not told. He predicts that within five years, once everyone has their own AI agent, society will expect agents by default and disclosure norms may shift.

_Developers building customer-facing voice agents can follow this disclosure debate on daily.dev._

## Similar posts on daily.dev

- [ElevenLabs' CEO on $600m revenue and the AI labs](https://daily.dev/posts/elevenlabs-ceo-on-600m-revenue-and-the-ai-labs-qwqtpraoq) · The Next Web · 1 upvotes · 0 comments
- [ElevenLabs doubles its valuation to $22bn in a $300m share sale](https://daily.dev/posts/elevenlabs-doubles-its-valuation-to-22bn-in-a-300m-share-sale-yfcdlsynw) · The Next Web · 0 upvotes · 0 comments
- [ElevenLabs CEO says the voice AI startup crossed $330 million ARR last year](https://daily.dev/posts/elevenlabs-ceo-says-the-voice-ai-startup-crossed-330-million-arr-last-year-idrrexq6x) · TechCrunch · 0 upvotes · 0 comments
- [AI voice startup ElevenLabs doubles valuation to $22B](https://daily.dev/posts/ai-voice-startup-elevenlabs-doubles-valuation-to-22b-4sb196mrh) · TechCrunch · 0 upvotes · 0 comments

---

Tags: [#startup](https://daily.dev/tags/startup), [#conversational-ai](https://daily.dev/tags/conversational-ai), [#text-to-speech](https://daily.dev/tags/text-to-speech), [#elevenlabs](https://daily.dev/tags/elevenlabs)

[View this post on daily.dev](https://daily.dev/posts/20-minutes-with-the-ceo-of-elevenlabs-now-reportedly-valued-at-22b-00rbvannl)

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