
ElevenLabs Raises $2M and Announces AI Speech Platform Promising to Revolutionize Audio Storytelling
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We have reduced pricing across ElevenAPI and ElevenAgents for self-serve developers and introduced a pay as you go model. These updates make it more cost-efficient to build and scale voice systems, from early experimentation to production deployments.
Text to Speech is now up to 55% lower cost, Speech to Text up to 45% lower, and ElevenAgents up to 20% lower. Performance, quality, and support remain unchanged.

We have reduced pricing across our Text to Speech models on ElevenAPI.
For example, on the Flash model under the Creator plan:

We have also reduced pricing for Speech to Text on ElevenAPI.
For example, on Scribe v2 under the Starter plan:

And finally we've also reduced pricing for ElevenAgents.
For example, on the Starter plan:

Alongside the price reductions, we are introducing pay as you go across ElevenAPI and ElevenAgents. This allows teams to scale usage based on demand with predictable, usage-based pricing.
With pay as you go, you can:
Pay as you go is designed for teams moving from experimentation to production. For higher-volume usage and custom pricing, the Enterprise plan is available.
For existing customers, migrating to the new pricing is easy. In your subscriptions page, go to “Manage subscription” and click “Switch to new pricing”. If you don't see this button, you are already on the new pricing.
Alternatively, by upgrading your plan in the usual way, you’ll move you onto the new pricing.
For those on the Free plan, you can quickly get started with pay as you go pricing by going to ElevenAPI and topping up your credits using the "+ Add credits" button.
These changes make high-quality, multilingual voice systems more accessible across a range of use cases, including customer support, healthcare, media localization, and telecom.
By combining lower pricing with usage-based scaling, teams can build interactive, real-time voice systems that scale with demand.



