ElevenLabs Reaches $500M ARR and Secures New Investment
Key point
ElevenLabs surpassed $500 million in ARR in early 2026 and secured new investment from BlackRock, NVIDIA, and others.
Details
ElevenLabs secured new investment from BlackRock, Wellington, NVIDIA(NVentures), Santander, and others in the third closing of its Series D fundraising. Notable creative talents including Jamie Foxx, Eva Longoria, and director Hwang Dong-hyuk participated in this round, and individual investors can access investment opportunities through Robinhood Ventures.
The company's growth momentum is remarkably steep. ARR (Annual Recurring Revenue), which stood at $350 million at the end of 2025, surpassed $500 million within the first 4 months of 2026. This growth is being accelerated as companies adopt AI voice agents across various areas such as customer support, sales, recruiting, and marketing.
Major enterprise customers are using ElevenLabs to maintain their brand voice while implementing multilingual interactions. Deutsche Telekom, which invested through T.Capital, is also using ElevenLabs to realize its Industrial AI vision, including building AI agents for real-time interpretation and customer support.
ElevenLabs plans to use this funding for research and platform expansion. In particular, as AI becomes more intelligent, the ability to communicate naturally is expected to become a core competitive advantage, and the company intends to solidify its market leadership based on its technical capabilities in human-like AI voice models.
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