20VC: ElevenLabs Hits $200M ARR: The Untold Story of Europe's Fastest Growing AI Startup | The Real Cost of AI from Talent to Data Centres | How US VCs are in a Different League to Europeans | The Future of Foundation Models with Mati Staniszewski

So we crossed 200,000,000 now So we did twenty months to 100 and then around ten months to 200 Our biggest contract is around 2,000,000 Pre seed was tough I think we spoke with a good amount of investors Between 30 to 50. We raised 2,000,000. 2,000,000. Do you remember the price? 9,000,000. This is 20 VC with me, Harry Stebbings. And today, we have one of the fastest growing AI companies in the world in the hot seat. So they did twenty months to a $100,000,000 in ARR, just 10 months to $200,000,000 in ARR, which they announced exclusively in this episode today. They've raised over $350,000,000 with the last round pricing them at $3,300,000,000, Eleven Labs. And I'm so thrilled to welcome their cofounder, Matti, to the hot seat today. But before we dive into the show today, I love seeing the team come together to make this show happen. What I don't love is trying to keep track of all the information, the data, and the projects that we're working on across dozens of platforms, products, and tools. That's why we use Coda, the all in one collaborative workspace that's helped 50,000 teams all over the world get on the same page. Offering the flexibility of docs with the structure of spreadsheets, Coda facilitates deeper teamwork and quicker creativity, and their turnkey AI solution, the intelligence of Coda Brain, is a game changer. Powered by Grammarly, Coda is entering a new phase of innovation and expansion, aiming to redefine productivity for the AI era. Whether you're a start up looking to organize the chaos while staying nimble or an enterprise organization looking for better alignment, Coda matches your working style. Its seamless workspace connects to hundreds of your favorite tools including Salesforce, Jira, Asana, and Figma, helping your teams transform their rituals and do more faster. Head over to coda.io/20vc right now and get six months off the team plan for startups for free. That's coda, coda,.io/20vc and get six months off the team plan for free, coda.io/20vc. And while Coda keeps your team aligned, Radix makes sure your startup's name is just as sharp. This one's for all you tech founders out there. You finally come up with the perfect name for your startup, then you check the .com, and damn, it's taken. Parked, unused, or priced like rent in Palo Alto. So you settle with extra letters, weird spellings, whatever it takes. But, hey, you don't have to compromise because now there's finally a domain for tech founders like you, .techdomains. Get the start up name you actually want on .tech. No compromises. What's more, when you use .tech, you signal to your customers and investors that you're building tech with just your domain name. Isn't that cool? So if you've got a name in mind, search for it now with .tech on a trusted platform like GoDaddy or visit get.tech/20vc to grab it. You've got the name locked down with Radix. Now it's time …