GEP vs ElevenLabs
Side-by-side comparison of AI visibility scores, market position, and capabilities
Procurement software and managed services for global enterprises; Clark NJ; serves Fortune 500; GEP SMART platform processes $500B+ in spend; 5,000+ employees worldwide.
About
GEP is a global procurement software and managed services company headquartered in Clark, NJ, that serves Fortune 500 and Global 2000 enterprises with its GEP SMART procurement platform alongside outsourced procurement consulting and managed services. The company processes over $500 billion in annual business spend through its platform and employs over 5,000 people across offices in North America, Europe, and Asia.\n\nGEP SMART is a unified source-to-pay platform built on a cloud-native, AI-powered architecture that covers strategic sourcing, supplier management, contract management, procurement, and spend analytics. The platform's AI capabilities include natural language spend classification, predictive sourcing recommendations, and automated supplier risk monitoring, enabling procurement teams to operate with greater efficiency and insight.\n\nGEP's combined software-plus-services model differentiates it from pure-play software vendors, as clients can choose to license the platform independently or engage GEP's consulting teams to run procurement operations on their behalf. This flexibility has made GEP particularly attractive to enterprises undergoing procurement transformation who need both technology and expertise to achieve their spend optimization goals.
$500M Series D at $11B valuation (Feb 2026) — largest voice AI funding round ever. $330M ARR; 1M+ developers using the API. Enterprise customers: Deutsche Telekom, Revolut, Meta, Salesforce. Voices in 32 languages; real-time cloning from 1 second of audio.
About
ElevenLabs was founded in 2022 by Piotr Dabkowski and Mati Staniszewski, two former Google and Palantir engineers who set out to break the language barrier using AI voice technology. The company specializes in AI-powered voice synthesis, cloning, and dubbing, enabling developers and enterprises to generate human-quality speech in over 30 languages. Its core technology combines deep learning models trained on massive speech datasets to produce natural-sounding voices indistinguishable from real humans.\n\nElevenLabs offers a suite of products including its flagship text-to-speech API, voice cloning tools, and an AI dubbing platform that localizes video content while preserving the speaker's original voice. Its products target a broad audience—from indie developers building audio apps to large enterprises deploying voice interfaces at scale. Key differentiators include ultra-low latency streaming synthesis, fine-grained voice customization, and a growing library of pre-built AI voices across accents and styles.\n\nElevenLabs has grown rapidly, surpassing $330M in annualized revenue and serving over 1 million developers. Enterprise clients include Deutsche Telekom, Spotify, and leading media companies. In February 2026, the company closed a $500M Series D at an $11B valuation, cementing its position as the market leader in AI voice. Its APIs power podcasts, audiobooks, video games, and customer service bots worldwide, making ElevenLabs the default infrastructure layer for AI-generated audio.
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