PANews|Sep 02, 2026 13:15
[ElevenLabs Appoints Former OpenAI Executive as Chief Revenue Officer]
According to Bloomberg, voice AI startup ElevenLabs has appointed former OpenAI Vice President of Enterprise Sales, Ashley Kramer, as its first Chief Revenue Officer to drive enterprise-focused commercialization. The company stated that over half of its revenue this year comes from enterprise clients, up from 40% last year, marking a 'turning point' in its business structure. In July, ElevenLabs announced that its annual recurring revenue had surpassed $600 million, with clients including Meta, Stripe, Deutsche Telekom, and Revolut. The company is also in discussions with investors regarding an employee stock transfer deal, aiming for a company valuation of approximately $22 billion.
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