ElevenLabs now makes more money from businesses than consumers

ElevenLabs, the AI voice platform that went from zero to household name in roughly three years, has quietly crossed a meaningful threshold. Enterprise clients now account for 55% of the company’s total revenue, up from a roughly even split at the end of 2025. The numbers behind the pivot ElevenLabs’ annual recurring revenue climbed from approximately $330 million at the end of 2025 to more than $500 million by May 2026. By July, the run rate had approached $600 million. The company now counts 41% of Fortune 500 firms among its clients. Names like Meta, Stripe, and Deutsche Telekom are on the roster, using ElevenLabs’ voice AI for everything from customer support automation to sales workflows and marketing campaigns. Enterprise clients are reportedly handling millions of conversations per week through ElevenLabs’ platform. The company’s target is to push enterprise revenue to 60% of total sales by the end of 2026. A new hire signals the direction ElevenLabs reinforced its enterprise ambitions by bringing on Ashley Kramer as Chief Revenue Officer. Kramer joined from OpenAI, which is itself in the middle of an aggressive push to sell AI tools to large corporations. Why enterprise reve...