ElevenLabs hires Ashley Kramer as Chief Revenue Officer, valued at $22 billion

According to Bloomberg, ElevenLabs, a voice AI startup, has appointed Ashley Kramer, former OpenAI Vice President of Enterprise Sales, as its first Chief Revenue Officer. More than half of ElevenLabs' revenue this year comes from corporate clients, with annual recurring revenue exceeding $600 million. Clients include Meta, Stripe, Deutsche Telekom, and Revolut. The company is discussing employee stock transfer transactions with investors and plans to value the company at approximately $22 billion.