ElevenLabs crosses $500M ARR as it welcomes new investors including BlackRock, NVIDIA, Jamie Foxx and Eva Longoria

Today, we’re welcoming new investors to ElevenLabs, including institutions like BlackRock and Wellington, large global enterprises like NVIDIA (via NVentures) and Santander, and creative talent like Jamie Foxx and Eva Longoria. We’re building an AI platform that redefines how businesses communicate with their audiences, and each of these investors brings deep expertise in an industry we’re working in. 

The investment - the third close in our Series D fundraise - comes as our business is accelerating. We ended 2025 with $350 million in ARR, and in the first four months of 2026, we have already surpassed $500 million ARR. This growth is driven by enterprises deploying voice agents across their businesses, from customer support and sales, to hiring and marketing operations.

Institutional conviction in conversational AI 

We’re pleased to have new institutional investors on board, including BlackRock, Wellington, D.E. Shaw, and Schroders. Their investment reflects their conviction that conversational agents will become the primary way businesses interact with customers at scale, and ElevenLabs is leading that transition.  

“Every major enterprise will communicate with its customers and audiences through AI agents,” said Rob Mazzoni, Technology Sector Lead for Late-Stage Growth at Wellington Management. “The companies that power natural, human-like interactions at scale will become critical global infrastructure. ElevenLabs has built the technical leadership and commercial traction to define the category, and the company’s growth trajectory reflects the scale of the opportunity ahead.”

Enterprises building and investing with us 

Many of the largest companies building with ElevenLabs are now investing in us too. Enterprises like NVIDIA, Salesforce, Santander, KPN and Deutsche Telekom are already using ElevenLabs to power a range of customer interactions – from advertising and product demos to sales and support agents – in any language, with a consistent brand voice.

Deutsche Telekom, which has invested through its strategic investment arm T.Capital, uses our platform to transform its customer experience right across its business. This includes deploying AI agents for customer support; introducing the world’s first AI agent in the network which can be summoned for live assistance and real-time translation during phone calls; and producing marketing videos. 

“Voice is the highest-stakes channel for any customer interaction, and the bar for quality, latency and security is extremely high,” said Karine Peters, Managing Director at T.Capital. “ElevenLabs is not just a category leader - it is becoming a foundational enabler of Deutsche Telekom’s broader Industrial AI vision. From voice-as-a-service to multilingual automation and in-network AI agents, we believe the company is uniquely positioned to reshape how businesses interact with customers across all channels.” 

Support from the world's leading creative and sports talent

Jamie Foxx, Eva Longoria and Squid Game creator Hwang Dong-hyuk are among a group of more than 30 high-profile actors, musicians, athletes, and entertainment executives investing in ElevenLabs for the first time – alongside existing investors like Matthew McConaughey. As AI reshapes how content is made and distributed, the ability to control and extend your voice - into new languages and fan experiences - will open up important new revenue streams for creatives. 

“AI is transforming how stories are told and who they can reach,” said Eva Longoria. “ElevenLabs is at the forefront of this technology, and I’m excited to invest in a company that builds with creatives in mind.”

Beyond Hollywood, our community of creators has shaped the platform from the start, contributing voices, templates, and feedback. For the first time, we’re giving them and other retail investors the chance to invest through Robinhood Ventures and own a stake in what they have helped to build. 

What comes next

We believe natural, human-like communication will be critical for the broad adoption of AI. As AI becomes more intelligent, communication will start to become the limiting factor. Systems that sound robotic or interact strangely will not be widely trusted or adopted – and the businesses that figure out how to communicate naturally with customers will have a meaningful edge. 

This is the problem we've been focused on since ElevenLabs was founded. We started by building the first human-level AI voice models, and this research now underpins a platform that helps businesses transform how they communicate with every audience - from AI agents for customer support, sales, hiring and training, to creative tools for marketing and media.

We'll use this funding to continue expanding our research and platform. On the creative side, that means combining image and video generation with our best-in-class audio into a platform that enables creatives and marketing teams to produce every kind of brand and marketing asset. On the agents side, it means building agents that can serve customers and employees across voice, chat, email, and other channels. We also plan to continue our international expansion, building out local teams who deeply understand the problems businesses face in their market and can deploy our technology to solve them.

None of this is possible without the people building ElevenLabs, and we want the team to share in the value they create as we grow. Alongside our Series D, we have also successfully closed a $100 million tender offer – the second in less than a year. We now have 530 exceptional teammates across over 50 countries, and our most important work is still ahead.