ByteDance vs ElevenLabs

ByteDance — Application · Private · 3 of 3 figures sourced  |  ElevenLabs — Application · Private · $11B valuation · 4 of 4 figures sourced

Relationship

Dreamina and Image to Video AI Conversion do comparable work on image generation and video generation; both also serve buyers who need to create images and video; smaller scale (private).

Assembled from the recorded fields for this pair, not hand-checked. The comparison below is read from each company’s own profile.

5 of 13 capabilitiesShared product type

5 of 13 capabilities — Shares image editing, image generation, translation and 2 more.

Ludbee capability tags · from the product records

Shared product type — Both ship agent platform and application.

Ludbee product records

Aligned comparison

FieldByteDanceElevenLabs
Sizenot disclosed$11B valuation
Employees150,000450 ElevenLabs has 333× fewer
Founded20122022 10 yrs later
StatusPrivatePrivate match
CategoryApplicationApplication match
Stack layerAgent platform, Application, Developer tool, PlatformAPI service, Agent platform, Application
HeadquartersBeijing, ChinaNew York, USA

Capability overlap

Shared · 5

Image editingImage generationTranslationVideo generationWorkflow automation

Not verified for ElevenLabs · 8

Agent orchestrationAgentic codingAvatar videoCode generationData analysisEvaluation and observabilityPresentation generationText generation

Recorded for ByteDance. ElevenLabs’s product records say nothing either way — a missing record is not a missing capability.

Not verified for ByteDance · 7

Audio editingCustomer supportMusic generationSpeech to textText to speechVoice agentVoice conversion

Recorded for ElevenLabs. ByteDance’s product records say nothing either way — a missing record is not a missing capability.

Products, side by side

Algorithmic pairing — assembled from recorded fields, not hand-checked

ByteDance

Application

Doubao (豆包)Application

ByteDance's consumer AI assistant for China -- chat, writing, translation and programming help, with Seedance video generation built into the app.

DreaminaApplication

AI image and video generation platform built around Seedance (video, up to 30-second 4K generations with audio) and Seedream (image) models, with style transfer, an AI photo editor, and a direct export path into CapCut's own cloud editor for CapCut/TikTok-ready cuts.

TraeWorkApplication

AI work assistant from TRAE that breaks a request into tasks and runs them in the cloud to produce slides, data analyses, research write-ups, documents and small apps, on desktop, web and mobile.

Agent platform

CozeAgent platform

No-code platform for building AI agents and workflows from models, plugins and knowledge, then publishing them to chat channels or into other software through web SDKs and APIs.

Coze StudioAgent platform

Open-source, self-hostable edition of Coze's agent development environment -- visual tools for building, debugging and deploying AI agents and workflows, released under Apache 2.0.

ElevenLabs

Application

AI Voice ChangerApplication

Real-time and file-based voice conversion tool that changes a recorded voice while preserving its original performance.

Ads EngineApplication

Localizes and refreshes advertising creative across 50+ languages, with audio dubbing, image adaptation and text translation for Google Ads and Meta Ads.

DubbingApplication

Audio-to-audio dubbing across 90+ languages and accents that conditions on source performance (not a transcript) to preserve emotion and tone, with voice cloning.

ElevenCreativeApplication

AI-native creative workspace unifying voice, music, sound-effect, image and video generation with dubbing/localization, editable in a browser Studio.

ElevenCreative FlowsApplication

Chains image, video, voice and SFX generation into automated visual flows to create unlimited campaign variations from one template.

ElevenLabs Voice CloningApplication

Instant and Professional voice cloning (IVC/PVC) that creates a synthetic replica of a speaker's voice.

ElevenMusicApplication

Music generation, remixing and creation product ("Listen, remix, and create tracks"), built on the Music v2 engine, targeted at independent musicians.

Image to Video AI ConversionApplication

Creates videos from images and integrates AI voice, using a credit-based system.

StudioApplication

End-to-end workflow for producing audiobooks, podcasts and narrated videos, integrating Voice Library, Voice Design, Professional Voice Cloning and Eleven Music.

Text to Sound EffectsApplication

Generates sound effects from text prompts, with royalty-free commercial usage rights on paid plans.

Voice DesignApplication

Generates customized synthetic voices from text descriptions, powered by the Text to Speech v3 model.

Voice IsolatorApplication

Removes background noise, isolates vocals and removes music from audio or video recordings.

Agent platform

ElevenLabs AgentsAgent platform

Builds and runs voice AND chat agents that handle customer conversations over the phone, on the web and in chat, with enterprise integrations into CRM, payment and calendar systems.

No counterpart

ByteDance sells these in a stack layer with no product recorded for ElevenLabs yet — nothing on the other side to compare them against.

Developer tool

TraeCodeDeveloper tool

AI coding environment from TRAE with an IDE mode that brings agents into ordinary editing and a SOLO mode in which an autonomous agent plans, writes and deploys code, plus custom sub-agents, MCP tools and next-edit autocomplete.

Platform

Coze LoopPlatform

Prompt development, evaluation and tracing platform for AI agents -- versioned prompt debugging, evaluator-driven experiments and end-to-end observability -- published as an open-source edition of the hosted 扣子罗盘.

ElevenLabs sells these in a stack layer with no product recorded for ByteDance yet — nothing on the other side to compare them against.

API service

ElevenAPIAPI service

Unified programmatic API for ElevenLabs' audio AI models (speech, voice, music, sound effects, dubbing, transcription), billed per usage from the shared credit pool.

ElevenLabs Text to SpeechAPI service

Generates speech from text in a range of voices and languages, in the browser and through an API.

ScribeAPI service

Transcribes audio to text with speaker labels and word-level timings.