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Deepgram vs ElevenLabs

Which Chatbots AI tool is better in 2026?

Deepgram

Voice AI platform for developers building speech-to-text, text-to-speech, and speech-to-speech products

$239M

ElevenLabs

The most realistic AI voices for creators, developers, and enterprise.

$922M

Side-by-side

Verdict

ElevenLabs is the more established option (raised $922M), but Deepgram is cheaper to start.

Metric Deepgram ElevenLabs
Taglinei Voice AI platform for developers building speech-to-text, text-to-speech, and speech-to-speech products The most realistic AI voices for creators, developers, and enterprise.
Foundedi 2015🏆 2022
HQi San Francisco, US New York, GB
Employeesi 51-200🏆 201-500
Neuron scorei 56 77🏆
Total fundingi $239M $922M🏆
Latest roundi Series C · Jan 2026 Series D · Feb 2026
Valuationi $1.3B $11B🏆
Cheapest paid plani 🏆 Starter · $6/mo
Free plani ✓ Free Tier ✓ Free
Free triali
Top tier pricei Enterprise · Contact sales Business · $990/mo
Pricing summaryi 2 published plans 7 published plans
Categoriesi

Capability matrix

Developer-facing capabilities and access signals for Deepgram and ElevenLabs.

Capability Deepgram ElevenLabs
MCP support
Public API
Webhooks
OAuth 2.0
SDK languages 6 (JavaScript, Python, .NET, Go…) 5 (Python, TypeScript, Kotlin, Swift…)
Free plan
Free trial
Verified
Active deal

🟢 Strengths of Deepgram

  • Offers a free trial
  • More mature (2015)

🔵 Strengths of ElevenLabs

  • Has raised more capital ($922M vs $239M)
  • Higher Neuron score (77 vs 56)
  • Newer company (2022)

Which should you choose?

Choose Deepgram if price matters most — it starts at Free, which is friendlier for teams watching burn. Both AI Chatbots tools ship core features, so the cost delta often decides it for small teams and solo operators.

Choose ElevenLabs if you want the most established option — it has raised $922M, suggesting more runway for enterprise features, support, and long-term roadmap. For mission-critical workflows or larger teams, that stability often outweighs a lower monthly price.

💸 Deals

Exclusive deal
ElevenLabs

Get 50% off ElevenLabs Creator — first month

Half off your first month on ElevenLabs Creator plan — realistic AI voices for creators.

Code NEURON50
Claim deal

Frequently asked questions

Deepgram vs ElevenLabs — which is better?

It depends on your priority. Deepgram is the leaner option; ElevenLabs has broader feature depth. See the side-by-side table above.

Is Deepgram cheaper than ElevenLabs?

Yes — Deepgram's cheapest paid plan is Free, while ElevenLabs's is Starter · $6/mo.

Do Deepgram and ElevenLabs offer free plans?

Deepgram: Yes, has a free plan. ElevenLabs: Yes, has a free plan.

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