The investment round comes amid strong business momentum. ElevenLabs said it ended 2025 with $350 million in annual recurring revenue (ARR) and has already exceeded $500 million ARR in the first four months of 2026.
ElevenLabs has announced the addition of new investors in the third close of its Series D funding round, including institutional investors such as BlackRock, Wellington, D.E. Shaw, and Schroders, alongside global enterprises like NVIDIA (via NVentures) and Santander, as well as creative figures including Jamie Foxx and Eva Longoria.
The company, which is building an AI platform focused on transforming how businesses communicate with audiences, said the new backing reflects growing confidence across both financial institutions and industry leaders in conversational AI.
The investment round comes amid strong business momentum. ElevenLabs said it ended 2025 with $350 million in annual recurring revenue (ARR) and has already exceeded $500 million ARR in the first four months of 2026. The company attributed this growth to increasing enterprise adoption of voice agents across functions including customer support, sales, hiring, and marketing.
Institutional conviction in conversational AI
Welcoming its new institutional investors, ElevenLabs said their participation reflects a shared belief that conversational agents will become a core interface for business communication.
“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
Enterprise adoption and strategic investment
ElevenLabs noted that several large enterprises using its technology are also investing in the company, including NVIDIA, Salesforce, Santander, KPN, and Deutsche Telekom.
Deutsche Telekom, through its investment arm T.Capital, is using ElevenLabs’ technology across customer experience applications including AI-powered customer support, in-network AI agents for real-time assistance and translation, and marketing content production.
“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
Creative and entertainment investor participation
The funding round also includes participation from more than 30 figures across entertainment and sports, including Jamie Foxx, Eva Longoria, Squid Game creator Hwang Dong-hyuk, and existing investor Matthew McConaughey.
The company said AI is reshaping content creation and enabling new forms of audience engagement, particularly through voice technologies that allow creators to expand into new languages and markets.
Eva Longoria said that AI was transforming how stories were told and who they could reach, and added that ElevenLabs was at the forefront of that technology and that she was excited to invest in a company that built with creatives in mind.
ElevenLabs also announced that it is opening access for retail investors through Robinhood Ventures, allowing creators and users to take equity stakes in the platform.
Outlook and expansion plans
Looking ahead, ElevenLabs said it will continue investing in research and platform expansion, focusing on both creative tools and enterprise AI agents. This includes combining image, video, and audio generation capabilities, as well as expanding AI agents across voice, chat, email, and other communication channels.
The company also plans further international expansion through local teams to better serve regional enterprise needs.
Alongside its Series D funding, ElevenLabs confirmed it has also closed a $100 million tender offer, its second in less than a year. The company now employs 530 people across more than 50 countries.
ElevenLabs said its focus remains on scaling its platform and strengthening natural, human-like communication systems as a foundation for broader AI adoption.
