Scribe V2

From ElevenLabs

Most Accurate AI Transcription Model – Batch and Realtime Speech-to-Text with Entity Detection and 90+ Languages

Pricing Model

Starting Price

$0.40/Hour

Visit Scribe V2
Last Updated: January 12, 2026
By Zelili AI

About This AI

Scribe V2 is ElevenLabs’ state-of-the-art speech recognition model launched in January 2026, offering the highest transcription accuracy across diverse audio conditions.

It excels in batch transcription, subtitling, and captioning at scale for long-form content, with built-in entity detection (up to 56 categories like PII, health, payments) and precise timestamps.

Features include keyterm prompting for context-aware results (up to 100 words/phrases), automatic multi-language detection/transcription, smart speaker diarization, word-level timestamps, and dynamic audio tagging (laughter, footsteps, etc.).

Scribe V2 Realtime variant provides ultra-low 150ms latency for live agents, meetings, and conversational AI in over 90 languages.

Improvements over V1 include better stability, handling of pauses/tone changes/silences, and lowest word error rates on benchmarks.

Enterprise-ready with SOC 2, ISO 27001, PCI DSS, HIPAA, GDPR compliance, EU/India data residency, and zero retention mode.

Available via API and ElevenLabs Studio for marketing, media, research, training, compliance, and global content workflows.

Pricing is usage-based starting around 0.40 per hour (lower at scale), with flexible plans for startups to enterprises.

It powers accurate subtitles/captions/transcriptions, enabling automation for large audio/video libraries.

Key Features

  1. State-of-the-art accuracy: Lowest word error rate on industry benchmarks for diverse audio
  2. 90+ language support: Automatic multi-language detection and transcription in one file
  3. Entity detection: Native recognition of 56 categories (PII, health, payments) with timestamps
  4. Keyterm prompting: Up to 100 context words/phrases for improved relevance and accuracy
  5. Smart speaker diarization: Accurate identification and labeling of speakers
  6. Word-level timestamps: Precise timing for every word in transcripts
  7. Audio tagging: Dynamic detection of non-speech events like laughter or footsteps
  8. Realtime variant: Scribe V2 Realtime with 150ms latency for live applications
  9. Enterprise compliance: SOC 2, HIPAA, GDPR, zero retention, data residency options
  10. API and Studio integration: Use in ElevenLabs platform or custom apps for batch/live processing

Price Plans

  1. Free Trial/Access ($0): Limited free web testing in ElevenLabs Studio; no full unlimited free tier
  2. API Usage-Based (~$0.40/Hour): Per-hour transcription pricing, lower at scale/enterprise (e.g., $0.22/hour for high volume); realtime variant separate rates
  3. Business/Enterprise (Custom): Annual plans, dedicated support, volume discounts, compliance features, and custom integrations

Pros

  1. Top-tier accuracy: Outperforms competitors in benchmarks for real-world audio challenges
  2. Multilingual excellence: Handles 90+ languages seamlessly in mixed audio
  3. Advanced entity handling: Precise PII/redaction and structured analysis
  4. Realtime capability: Ultra-low latency variant ideal for agents and live use
  5. Compliance focus: Strong security features for sensitive/enterprise data
  6. Flexible pricing: Competitive per-hour rates that scale down with volume
  7. Scalable batch processing: Efficient for large libraries and subtitling

Cons

  1. Usage-based pricing: Costs add up for high-volume transcription without fixed plans
  2. No free unlimited tier: API/web access tied to ElevenLabs credits/subscriptions
  3. Latency trade-off: Batch prioritizes accuracy over instant response (realtime variant separate)
  4. Requires ElevenLabs account: Integration limited to their ecosystem
  5. Potential over-processing: Entity detection may flag unnecessary items in casual audio
  6. Recent release: Long-term reliability and user feedback still emerging
  7. Audio quality dependency: Performance best on clear recordings; heavy noise may vary

Use Cases

  1. Batch subtitling/captioning: Process long videos/podcasts for accurate timed captions
  2. Media and content production: Transcribe interviews, lectures, or archives with entity redaction
  3. Research and compliance: Analyze audio for key terms, PII, or sensitive data handling
  4. Live agents and meetings: Use realtime variant for instant transcription in calls/conversations
  5. Global localization: Transcribe multilingual content for international teams
  6. Training and education: Generate searchable transcripts from webinars or classes
  7. Enterprise workflows: Automate audio analysis with secure, compliant processing

Target Audience

  1. Media and content creators: Podcasters, YouTubers, filmmakers needing subtitles/transcripts
  2. Marketing teams: Transcribing campaigns, interviews, or customer feedback
  3. Researchers and analysts: Processing large audio datasets for insights
  4. Compliance and legal teams: Handling sensitive recordings with PII detection
  5. Developers and enterprises: Integrating realtime/batch transcription via API
  6. Customer support/agents: Live transcription for conversational AI

How To Use

  1. Sign up: Create free ElevenLabs account at elevenlabs.io
  2. Access Studio: Go to Speech to Text section or API dashboard
  3. Upload audio: Drag/drop files or stream live for realtime
  4. Select options: Enable keyterms, entity detection, diarization, language auto-detect
  5. Process: Run batch or live; view transcript with timestamps and tags
  6. Edit/export: Review, download SRT/TXT, or integrate via API
  7. Scale with API: Use SDKs for programmatic transcription in apps

How we rated Scribe V2

  • Performance: 4.8/5
  • Accuracy: 4.9/5
  • Features: 4.7/5
  • Cost-Efficiency: 4.4/5
  • Ease of Use: 4.6/5
  • Customization: 4.5/5
  • Data Privacy: 4.8/5
  • Support: 4.5/5
  • Integration: 4.6/5
  • Overall Score: 4.7/5

Scribe V2 integration with other tools

  1. ElevenLabs Studio: Native web platform for uploading, processing, and exporting transcripts/subtitles
  2. API and SDKs: Full developer API for batch and realtime transcription in custom applications
  3. Workflow Tools: Compatible with video editors (Premiere, Final Cut) via SRT exports for captioning
  4. Enterprise Platforms: Secure integration for compliance-heavy systems with data residency options
  5. Agent Frameworks: Realtime variant powers conversational AI agents and live support tools

Best prompts optimised for Scribe V2

  1. N/A - Scribe V2 is a speech-to-text transcription model that processes audio files or live streams automatically; no text prompts are used for generation. It supports keyterm lists (up to 100 words/phrases) for context-aware transcription instead.
  2. N/A - Core functionality is audio input to text output without generative prompting; use keyterm feature for guiding accuracy on specific terms.
  3. N/A - For best results, upload clear audio and add keyterms like domain-specific jargon or names to improve entity recognition and transcription quality.
Scribe V2 sets a new benchmark for transcription accuracy across 90+ languages, with strong entity detection, realtime low-latency variant, and enterprise compliance. It’s ideal for batch subtitling and live agents, though usage-based pricing suits higher-volume users best. A powerful addition to ElevenLabs’ audio ecosystem.

FAQs

  • What is Scribe V2?

    Scribe V2 is ElevenLabs’ most accurate speech-to-text model for batch transcription, subtitling, and captioning, with realtime variant for low-latency live use in 90+ languages.

  • When was Scribe V2 released?

    Scribe V2 was introduced on January 21, 2026, with availability through ElevenLabs API and Studio.

  • How accurate is Scribe V2?

    It claims the lowest word error rate on industry benchmarks, outperforming competitors in diverse audio conditions, accents, and long-form content.

  • Does Scribe V2 support realtime transcription?

    Yes, Scribe V2 Realtime variant delivers ultra-low 150ms latency for live agents, meetings, and conversational AI across 90+ languages.

  • How much does Scribe V2 cost?

    Usage-based pricing starts around $0.40 per hour of audio (lower at scale/enterprise); no unlimited free tier, though limited web testing may be available.

  • What languages does Scribe V2 support?

    Over 90 languages with automatic multi-language detection and transcription in mixed audio files.

  • What are the key enterprise features of Scribe V2?

    Includes SOC 2, HIPAA, GDPR compliance, zero retention mode, data residency, and entity detection for PII/redaction.

  • How does Scribe V2 handle entities and keyterms?

    Native detection for 56 categories with timestamps; supports up to 100 keyterm prompts for context-aware accuracy on specific terms/names.

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About Author

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