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ElevenLabs Investors Expand as Voice AI Startup Attracts BlackRock, Jamie Foxx, and More

ElevenLabs investors are expanding rapidly as the voice AI startup adds major institutional, enterprise, and celebrity backers to its latest funding round.

ElevenLabs Investors Strengthen $500M Funding Round

The latest update on ElevenLabs investors reveals additions such as BlackRock, Wellington, D.E. Shaw, and Schroders, alongside enterprise investors like Nvidia, Salesforce Ventures, Santander, KPN, and Deutsche Telekom.

High-profile individual investors, including Jamie Foxx, Eva Longoria, and Hwang Dong-hyuk, have also joined the round.

ElevenLabs Back Rapid Revenue Growth

The surge in ElevenLabs investors comes as the company reports strong financial performance.

The startup said it surpassed $500 million in annual recurring revenue, up from nearly $350 million at the end of last year.

According to CEO Mati Staniszewski, the company added $100 million in net new ARR in the first quarter of 2026 alone, reaching roughly $450 million by the end of that period.

Valuation Climbs Alongside Demand

The growing list of ElevenLabs investors aligns with a sharp increase in valuation.

The company’s valuation rose from $6.6 billion in September to $11 billion by February, reflecting strong demand for voice AI technologies.

Enterprise Adoption Fuels Expansion

The expansion of ElevenLabs investors is supported by new enterprise deals.

The company has recently signed contracts with organizations such as Deutsche Telekom, Revolut, and Klarna, signaling increased adoption across industries.

Strategic Focus on Voice AI Innovation

The ElevenLabs investors are backing a broader vision centered on high-quality voice AI systems.

Company leadership emphasized that voice interactions require high standards for quality, latency, and security, positioning the startup as a key player in AI-driven customer communication.

Additional Capital and Expansion Plans

Beyond the funding round, ElevenLabs investors are also part of a broader financial strategy.

The company confirmed it completed a $100 million tender offer, its second in six months, and plans to offer retail investment opportunities through Robinhood Ventures, though details remain limited.

Building Toward Human-Level AI Voice

The growing pool of ElevenLabs investors supports continued investment in research.

The company recently acquired the team from Polish startup Papla to strengthen its voice AI capabilities, with a focus on creating more natural, human-like interactions.

Why This Matters

The expansion of ElevenLabs investors highlights the increasing importance of voice AI in enterprise and consumer applications.

As businesses prioritize more natural and effective communication tools, companies like ElevenLabs are positioning themselves at the center of this shift.

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