ElevenLabs crosses $500M ARR and welcomes new investors

ElevenLabs has announced new investments from prominent institutions such as BlackRock and Wellington, alongside major enterprises like NVIDIA and Santander, and creative figures including Jamie Foxx and Eva Longoria. The company is developing an AI platform designed to revolutionize business communication, with a focus on natural, human-like interactions through AI voice models. Having achieved significant growth with $350 million in ARR by the end of 2025 and surpassing $500 million ARR in early 2026, ElevenLabs is seeing widespread adoption of its technology by enterprises such as Deutsche Telekom, which utilizes their platform for customer support and marketing. The company aims to leverage this investment to expand its research and platform capabilities further, integrating voice, image, and video generation for enhanced marketing and media tools, and broadening its international presence with local teams. As AI-driven communication becomes increasingly vital for businesses, ElevenLabs is positioning itself as a leader in enabling seamless, multilingual, and secure customer interactions across various channels.