Is Avencera cheaper than ElevenLabs?

Yes. Avencera transcribes from $0.06 an hour, or $0.08 with speaker labels. At 100 hours a month with speaker labels, ElevenLabs Scribe v2 costs $22.00 against $8.00 at Avencera, 2.7× as much.

Is Avencera more accurate than ElevenLabs?

ElevenLabs is more accurate on all 4 published results that cover both, so the choice comes down to price against accuracy. Scribe v2 scores 5.24% on the Open ASR Leaderboard, English, against 6.02% for Parakeet v2. Scribe v2 scores 4.80% on the Open ASR Leaderboard, earnings calls, against 5.85% for Parakeet v3. Scribe v2 scores 9.05% on the Open ASR Leaderboard, long-form, against 13.37% for Parakeet v3. Scribe v2 scores 2.2% on the Artificial Analysis, against 4.5% for Parakeet v3.

Is ElevenLabs Scribe more accurate than Parakeet?

Yes. Scribe v2 scores a lower word error rate on every benchmark below. Avencera is the cheaper choice when that gap matters less than the bill.

How do I switch from ElevenLabs to Avencera?

Avencera uses OpenAI’s transcription API format, so any OpenAI SDK works. Send the same audio files you send ElevenLabs, and map its response fields to the OpenAI-style transcript.

ElevenLabs alternative: Avencera vs ElevenLabs

At 100 hours a month with speaker labels, ElevenLabs Scribe v2 costs 2.7× as much as Avencera. ElevenLabs is more accurate on all 4 published results that cover both, so the choice comes down to price against accuracy.

By Praveen Perera. Prices and features checked October 23, 2026.

At a glance

ElevenLabs is best known for voice generation, and its Scribe v2 model is one of the most accurate transcription models on public leaderboards. It labels up to 32 speakers and covers 90+ languages.

Feature	Avencera	ElevenLabs
Transcript, at 100 hours a month	$0.06 an hour	Scribe v2: $0.22 an hour (3.6×)
With speaker labels, at 100 hours a month	$0.08 an hour	Scribe v2: $0.22 an hour (2.7×)
Speaker labels	Included in the speaker transcript price	Scribe v2: included
Billing	Prepaid credit, no subscription	Scribe v2: pay as you go
Real-time streaming	No, recorded audio only	Yes
Languages	English with Parakeet v2, 25 European languages with v3	90+ languages
Longest file	24 hours of audio per request	10 hours per file
Self-hosting	Open models you can run yourself	Private deployment in AWS or Google Cloud, through sales
API	OpenAI-compatible	ElevenLabs’s own

Multiples in brackets compare with Avencera’s cheapest offer at the same volume.

Price with speaker labels

Audio a month	Avencera	ElevenLabs Scribe v2
10 hours	$0.80	$2.20 2.7×
100 hours	$8.00	$22.00 2.7×
1,000 hours	$80.00	$220.00 2.7×
10,000 hours	$800.00	$2,200.00 2.7×

Monthly list prices for recorded audio with speaker labels, before free credit, discounts or contracts. Each plan uses whichever of its options costs least at that volume. See every provider at any volume on the pricing page.

Accuracy

ElevenLabs is more accurate on all 4 published results that cover both, so the choice comes down to price against accuracy.

Benchmark	Avencera	ElevenLabs	Lower error
Open ASR Leaderboard, English Average word error rate over 11 English test sets	6.02% Parakeet v2	5.24% Scribe v2	ElevenLabs
Open ASR Leaderboard, earnings calls Word error rate on the Earnings-22 set	5.85% Parakeet v3	4.80% Scribe v2	ElevenLabs
Open ASR Leaderboard, long-form Average word error rate on long English recordings	13.37% Parakeet v3	9.05% Scribe v2	ElevenLabs
Artificial Analysis Word error rate, measured on each provider’s own API	4.5% Parakeet v3	2.2% Scribe v2	ElevenLabs

Lower is better, and results within 0.1 points count as level. The Open ASR Leaderboard tests the open Parakeet weights that Avencera runs. Artificial Analysis tests Parakeet v3 as hosted by Together AI. These results don’t test the Avencera API itself, which opens soon.

Choose ElevenLabs if

Accuracy matters most. Scribe v2 scores 5.24% on the Open ASR Leaderboard, English, against 6.02% for Parakeet v2; Scribe v2 scores 4.80% on the Open ASR Leaderboard, earnings calls, against 5.85% for Parakeet v3; Scribe v2 scores 9.05% on the Open ASR Leaderboard, long-form, against 13.37% for Parakeet v3; Scribe v2 scores 2.2% on the Artificial Analysis, against 4.5% for Parakeet v3.
You need real-time streaming. ElevenLabs offers it; Avencera transcribes recorded audio only.
You need more languages. ElevenLabs lists 90+ languages.
You want to start free. ElevenLabs has a free plan with monthly credits shared across its products.
You need an API today. Avencera opens soon.

Choose Avencera if

You want the lower bill. ElevenLabs Scribe v2 costs 2.7× as much at 100 hours a month with speaker labels.
You want prepaid credit with no subscription, no minimum and no expiry.
Your audio stays yours. Avencera deletes it once the transcript is ready and never trains on it.

Switching to Avencera

Avencera serves OpenAI’s transcription API, so the official OpenAI SDKs work with a new base URL and model name.

from openai import OpenAI

client = OpenAI(base_url="https://api.avencera.com/v1", api_key="YOUR_AVENCERA_KEY")

with open("meeting.mp3", "rb") as audio:
    transcript = client.audio.transcriptions.create(
        model="avencera/speaker-transcript-v2",
        file=audio,
    )

Questions

Is Avencera cheaper than ElevenLabs?: Yes. Avencera transcribes from $0.06 an hour, or $0.08 with speaker labels. At 100 hours a month with speaker labels, ElevenLabs Scribe v2 costs $22.00 against $8.00 at Avencera, 2.7× as much.
Is Avencera more accurate than ElevenLabs?: ElevenLabs is more accurate on all 4 published results that cover both, so the choice comes down to price against accuracy. Scribe v2 scores 5.24% on the Open ASR Leaderboard, English, against 6.02% for Parakeet v2. Scribe v2 scores 4.80% on the Open ASR Leaderboard, earnings calls, against 5.85% for Parakeet v3. Scribe v2 scores 9.05% on the Open ASR Leaderboard, long-form, against 13.37% for Parakeet v3. Scribe v2 scores 2.2% on the Artificial Analysis, against 4.5% for Parakeet v3.
Is ElevenLabs Scribe more accurate than Parakeet?: Yes. Scribe v2 scores a lower word error rate on every benchmark below. Avencera is the cheaper choice when that gap matters less than the bill.
How do I switch from ElevenLabs to Avencera?: Avencera uses OpenAI’s transcription API format, so any OpenAI SDK works. Send the same audio files you send ElevenLabs, and map its response fields to the OpenAI-style transcript.

Sources

Vendor prices and features from each vendor’s own pages, checked October 23, 2026. Benchmark results as of October 21, 2026 for the Hugging Face Open ASR Leaderboard and October 23, 2026 for the Artificial Analysis speech-to-text.