ElevenLabs vs AssemblyAI: Speech-to-text API Comparison

ElevenLabs and AssemblyAI both offer enterprise grade speech-to-text (STT) APIs. Both can transcribe files accurately, label speakers, support custom keyterms, and handle batch and realtime use cases, but they excel in different areas.

This guide compares ElevenLabs Scribe v2 and AssemblyAI Universal-3 Pro, each company’s flagship STT models, to help you decide which could be a better fit for what you’re building.

TL;DR

Use ElevenLabs Scribe v2 if:

  • You need strong accuracy across languages or have a globally distributed product.
  • You want richer transcript metadata including entity detection, audio tagging (music, applause, etc).
  • You want the option to build beyond batch transcription (realtime STT, TTS, agents, dubbing, or generated audio).

Use AssemblyAI Universal-3 Pro if:

  • Your team wants more control over how transcripts are generated (through prompting).
  • You want built-in transcript analysis (sentiment, topic detection, etc) rather than building and controlling that layer yourself.
  • You have more than 5 audio channels with multiple speakers.
Capability ElevenLabs AssemblyAI
Pre-recorded transcription
Realtime transcription
Word-level timestamps
Speaker diarization
90+ languages on flagship STT model
Mixed-language transcription Limited
Built-in entity detection
Built-in audio tagging
Natural-language transcription prompting
Built-in transcript analysis
Multichannel diarization
Long-file parallel processing
Enterprise privacy controls

Language support

Language support is one of the biggest differences. ElevenLabs Scribe v2 supports 90+ languages and mixed-language transcription, while AssemblyAI Universal-3 Pro is much more limited.

ElevenLabs Scribe v2

  • ≤5% Word Error Rate (WER) across 36 languages with 90+ total languages supported.
  • Detects and transcribes multiple languages in a single file automatically.

AssemblyAI Universal-3 Pro

  • Supports 6 languages: English, Spanish, German, French, Portuguese, and Italian. To get broader language support, you need to fall back to other models (i.e. Universal-2).
  • Supports limited code-switching (where speakers switch between languages in the same recording) for prerecorded audio. Developers can manually set up to two language codes, and one must be English.

For products with multilingual users, user-generated recordings, international support calls, or files uploaded without clean language labels, go with ElevenLabs Scribe v2.

Feature depth

Both APIs cover core STT features, but they differ in what comes back with the transcript and how much you can control what is returned.

Feature ElevenLabs Scribe v2 AssemblyAI Universal-3 Pro
Keyterm prompting (1,000 keyterms)
Natural-language transcription prompting
Built-in audio tagging
Built-in entity detection
PII entity detection
More than 5 audio channels
Speaker diarization + multichannel audio
Text redaction
Audio redaction

Use ElevenLabs when you want the transcript to contain rich metadata, including entities, audio events, timestamps, and multilingual transcription directly from the STT call. This makes the transcript easier to use for agents and other workflows downstream.

AssemblyAI gives you control over how the transcript is created and may be a good fit when you have more than 5 audio channels.

Workloads and concurrency

The two platforms handle long files differently.

Batch workload capability ElevenLabs Scribe v2 AssemblyAI Universal-3 Pro
Batch transcription API
Async webhooks
Long-file parallel processing
Automatic splitting for files over 8 minutes

If you want long batch files to come back faster without managing chunking yourself, use ElevenLabs. It splits longer files and processes them in parallel while AssemblyAI runs transcription through async jobs that queue against your account limits.

Pricing

Both platforms have similar base pricing. For teams building beyond transcription, total cost may also include TTS, agents, dubbing, voice cloning, add-ons, and any extra vendors needed to ship the product.

Feature ElevenLabs Scribe v2 AssemblyAI Universal-3 Pro
Batch transcription $0.22/hour $0.21/hour
Realtime transcription $0.39/hour $0.45/hour for Universal-3 Pro Streaming
Keyterm prompting $0.05/hour $0.05/hour
Entity detection $0.07/hour $0.08/hour (speech understanding API)
Speaker diarization No extra charge $0.02/hour
Voice agent API See agent pricing $4.50/hour

Pricing changes over time, so check each provider’s pricing page before making a final decision.

ElevenLabs includes speaker diarization in the base product, so teams that need diarization see a lower effective cost with ElevenLabs Scribe v2.

Beyond speech-to-text

If your product roadmap may require generated speech, voice agents, dubbing, or other audio features, it helps to start with an API that can grow with you.

ElevenLabs Scribe v2 integrates into a broader voice platform:

  • Text to Speech: natural-sounding TTS in 70+ languages, with voice cloning and voice generation.
  • Agents: conversational voice agents with tools for building, launching, monitoring, and evaluating agents.

If you want the option to expand beyond STT or are building a larger voice product, ElevenLabs is the clear choice. You can start with Scribe v2 for STT and add any combination of TTS, agents, dubbing, or generated audio later without bringing in another voice vendor.

Summary

If you care about… ElevenLabs AssemblyAI
Broad language coverage
Mixed-language audio Limited
Rich transcript metadata
Long-file parallel processing
Expanding into voice agents or TTS Limited
Natural-language transcription prompting
Built-in transcript analysis
Multichannel diarization
Audio redaction

Try ElevenLabs STT for free

FAQ

  • Which is better for speech-to-text?

    It depends on your use case. If you only need transcription, we recommend testing both APIs on your audio. If you need broad language support or if STT is part of a real-time voice product or agent workflow, ElevenLabs is likely the better fit.

  • Which API should I use for voice agents?

    ElevenLabs is a stronger fit for voice agents because developers can build across STT, realtime, TTS, and agents all in one platform.

  • Should I use one provider for STT and another for TTS?

    You can, but using one platform can simplify development. ElevenLabs gives developers speech-to-text, text-to-speech, and agents in the same voice platform, which can reduce integration work for end-to-end voice products.

  • Can I try ElevenLabs for free?

    Yes! ElevenLabs gives 10,000 free credits on signup with no credit card required, enough to test Scribe v2 transcription, TTS, voice cloning, and other APIs in the platform.

  • Can I use ElevenLabs for real-time transcription?

    Yes! ElevenLabs Scribe v2 Realtime returns partial transcripts in approximately 150ms.