ElevenLabs Hits $500M ARR, Attracts Major Investors

AI voice technology leader ElevenLabs has surpassed $500 million in Annual Recurring Revenue (ARR), marking a significant acceleration from its $350 million ARR at the end of 2025. This milestone is accompanied by the close of its Series D funding round, which includes new investors such as BlackRock, NVIDIA, Jamie Foxx, and Eva Longoria. The company's growth is driven by widespread enterprise adoption of voice AI agents across customer support, sales, hiring, and marketing operations.

This latest funding round, the third close of its Series D, highlights institutional conviction in conversational AI. New institutional investors include BlackRock, Wellington Management, D. E. Shaw, and Schroders. Wellington Management's Rob Mazzoni noted that companies powering natural human-like interactions at scale will become critical global infrastructure, with ElevenLabs positioned to define the category.

Several key enterprise clients are now also investors. NVIDIA, Salesforce, Santander, KPN, and Deutsche Telekom are already utilizing ElevenLabs for various customer interactions. Deutsche Telekom, through its investment arm T.Capital, is deploying AI agents for customer support, introducing in-network AI assistance with real-time translation, and producing marketing videos. Karine Peters from T.Capital stated that ElevenLabs is becoming a foundational enabler of Deutsche Telekom's Industrial AI vision.

Beyond enterprise, over 30 high-profile creatives and athletes, including Jamie Foxx, Eva Longoria, and Hwang Dong-hyuk, have invested, alongside existing investor Matthew McConaughey. This influx of creative talent underscores the potential for AI to open new revenue streams for content creators by extending their voices into new languages and fan experiences. Eva Longoria commented on AI transforming storytelling and its reach.

ElevenLabs plans to use the new capital to further expand its research and platform capabilities. On the creative side, this involves integrating image and video generation with its audio technology. For agents, the focus is on building multi-channel capabilities across voice, chat, and email. The company is also pursuing international expansion and has completed a $100 million tender offer, increasing its team to 530 employees across over 50 countries.

StartupHub.ai data shows ElevenLabs with a strong score of 79/100, placing it ahead of competitors like Coqui (48/100) and WellSaid Labs (61/100). Its VERIFIED financials indicate $550 million raised to date and a post-money valuation of $11 billion, positioning it as a leader in the competitive AI voice and creative tooling market.