
ElevenLabs started as a weekend project. They crossed $330M ARR in 2025 as they build the voice interface of the future. This is the ElevenLabs story. An a16z Original.
Jennifer Li
3.3K posts

@JenniferHli
GP @a16z AI x Infra. 💙 Data, AI and dev tools. Portcos: @elevenlabsio @FAL @Ideogram_ai @mintlify @motherduck @usepylon @resend @reductoai @StainlessAPI

ElevenLabs started as a weekend project. They crossed $330M ARR in 2025 as they build the voice interface of the future. This is the ElevenLabs story. An a16z Original.


Where enterprise platforms become category leaders. The Late Stage companies on the 2026 Enterprise Tech 30 represent some of the most established and influential builders in enterprise technology today. Celebrating this year's Late Stage honorees: 🎙️ @ElevenLabs 🚀 @vercel 🔬 @EvidenceOpen 🤖 @DecagonAI 🔎 @glean 🏔️ @SierraPlatform 🎨 @canva 💻 @Lovable ⚡ @fal ⚙️ @baseten 🏺 @clay 🔥 @FireworksAI_HQ 🗄️ @supabase ⚖️ @harvey 📋 @WeAreLegora 🛡️ @AbnormalAI 🔗 @n8n_io 🤝 @togethercompute 🦺 @flock_io 📞 @Gong_io Dive into the full report: wing.vc/et30 #ET30



This list really reinforces something we’ve believed for a while: AI has a handful of use cases with strong product-market fit. Customer support, coding agents, search, and image/video generation. Honored that @fal is included alongside such generational companies.






Got on my favorite movie poster, and took the never happened yearbook photo. Take my camera @PhotaLabs !!




@PhotaLabs is incredible - I don't think I'll ever take a headshot again. Product could use some work (feels like you could consolidate features + add a landing page) but the model is amazing.




Today, we introduce Phota Studio and Phota API, powered by our photography model that brings flagship image model capabilities, personalized to you. With personalization, an image model stops being just playful and starts becoming useful for photography. With Phota Studio, you can: - Reimagine composition, lighting, or posture while still looking like yourself - Create editorial, stylized, and studio-quality portraits of yourself, or bring someone you love into the frame - Revive the blurred shot, bring in the person who missed the group photo, fix the awkward expression - all without losing what made the moment worth keeping With Phota API, you can finally build photo experiences where real people are the core. Marketing assets, editorial shoots, wedding photography: workflows that needed identity fidelity that GenAI couldn't deliver. Until now. Ultimately, we want to make compelling photographs accessible to everyone. Phota API and Phota Studio start to make that possible: empowering people to explore, imagine, and create without losing themselves in the image. With Phota Studio and Phota API, developers can build new photo experiences, while photographers and creators can explore a new kind of AI-native editing and generation. The next photo experience starts here!





Photography as we know it will never be the same. Today @PhotaLabs is launching a model built for photography: generating and editing photos with real people, composition, lighting, and emotion. Some crazy examples with real subjects + 100% identity preservation:

