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Deutsche Telekom

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EVENT TIMELINE

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COMPANIES · 1 SOURCE · TechCrunch AI

ElevenLabs reportedly valued at $22B as CEO discusses $600M ARR, enterprise use and AI disclosure

ElevenLabs, a startup that builds text-to-speech voice models used by enterprises and creators, is reportedly valued at $22 billion by investors while the company says it is pacing at $600 million in ARR and that over 55% of revenue is enterprise. CEO Mati Staniszewski told TechCrunch that ElevenLabs serves customers including Klarna, Deutsche Telekom, Cisco and governments, faces competition from firms like Decagon, and favors disclosing AI agents to users today.

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STARTUPS · 1 SOURCE · TechCrunch AI

Lovable reports $600M annual run rate as its vibe-coding platform grows

Lovable’s co-founder Fabian Hedin said at the HumanX summit that the company has crossed an annualized run-rate revenue of $600 million, up from about $500 million in June. Hedin said the startup is focusing on enterprise customers (he claimed two-thirds of Fortune 500 use the product), its apps attract nearly a billion visits per month, and the company has raised over $700 million in two rounds in the past eight months, most recently $400 million in August at a $13.3 billion valuation.

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