ElevenLabs announced that it has added a new group of investors to its third close of its Series D fundraising round, including institutional firms such as BlackRock, Wellington Management, NVIDIA through NVentures, Santander, D. E. Shaw & Co., and Schroders. The company also welcomed investments from entertainment figures including Jamie Foxx, Eva Longoria, Hwang Dong-hyuk, and existing investor Matthew McConaughey.
The company revealed that it ended 2025 with $350 million in annual recurring revenue and has already surpassed $500 million ARR during the first four months of 2026. ElevenLabs said the growth has been fueled by enterprises deploying AI voice agents across customer support, sales, hiring, and marketing operations.
ElevenLabs described its broader vision as building a conversational AI platform capable of transforming how businesses communicate with customers through natural, human-like voice interactions. The company said the latest funding will support additional research, international expansion, and the continued development of multimodal AI tools that combine audio, image, and video generation capabilities.
Institutional investors backing the company emphasized the growing importance of conversational AI infrastructure for enterprises.
Rob Mazzoni, Technology Sector Lead for Late-Stage Growth at Wellington Management, said the company is well positioned to become foundational infrastructure for enterprise AI interactions.
Several enterprise customers are also participating as investors. ElevenLabs said companies including NVIDIA, Salesforce, Santander, KPN, and Deutsche Telekom are already using its platform for applications such as customer support agents, advertising, sales tools, multilingual communication, and marketing content creation.
Deutsche Telekom, through its investment arm T.Capital, is using ElevenLabs technology for AI customer support, live assistance tools, real-time translation during phone calls, and marketing video production.
The company also said it plans to further expand its creator-focused offerings. ElevenLabs noted that AI voice tools could help creatives extend content into multiple languages and build new fan engagement opportunities. The company additionally announced that retail investors and community creators will be able to participate through Robinhood Ventures.
Alongside the Series D financing, ElevenLabs also completed a $100 million tender offer, its second such transaction within the past year. The company said it now has 530 employees across more than 50 countries.
KEY QUOTES:
“Every major enterprise will communicate with its customers and audiences through AI agents. 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.”
Rob Mazzoni, Technology Sector Lead for Late-Stage Growth, Wellington Management
“Voice is the highest-stakes channel for any customer interaction, and the bar for quality, latency and security is extremely high. 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.”
Karine Peters, Managing Director, T.Capital
“AI is transforming how stories are told and who they can reach. ElevenLabs is at the forefront of this technology, and I’m excited to invest in a company that builds with creatives in mind.”
Eva Longoria
