ElevenLabs vs Pika Labs

ElevenLabs — Application · Private · $11B valuation · 4 of 4 figures sourced  |  Pika Labs — Application · Private · $470M valuation · 4 of 4 figures sourced

Relationship

Image to Video AI Conversion and Pika API 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.

3 of 12 capabilitiesShared product typeSmaller scale

3 of 12 capabilities — Shares image editing, image generation and video generation.

Ludbee capability tags · from the product records

Shared product type — Both ship API service and application.

Ludbee product records

Smaller scale — Pika Labs: $470M valuation, against ElevenLabs's $11B valuation.

Ludbee scale figures · valuation, market cap or revenue estimate

Aligned comparison

FieldElevenLabsPika Labs
Valuation$11B$470M Pika Labs has 23× smaller
Employees45013 Pika Labs has 35× fewer
Founded20222023 1 yrs later
StatusPrivatePrivate match
CategoryApplicationApplication match
Stack layerAPI service, Agent platform, ApplicationAI agent, API service, Application
HeadquartersNew York, USAPalo Alto, USA

Capability overlap

Shared · 3

Image editingImage generationVideo generation

Not verified for Pika Labs · 9

Audio editingCustomer supportMusic generationSpeech to textText to speechTranslationVoice agentVoice conversionWorkflow automation

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

Pika Labs has no capability ElevenLabs lacks, among the 3 recorded here.

Products, side by side

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

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.

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.

Pika Labs

Application

PikaApplication

Generates and edits short video clips from text prompts and still images.

Pika AI TrendmakerApplication

Experimental trend-based video generation feature from Pika Labs, accessible via the iOS app.

PikaffectsApplication

Creates "unreal effects" on photos and videos; an experimental feature accessible via the iOS app.

API service

Pika APIAPI service

Pika's developer API, offering a range of generative video and image models through one endpoint at published per-generation rates.

No counterpart

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

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.

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

AI agent

Pika AgentAI agent

Experimental agentic AI feature from Pika Labs, accessible via the iOS app.