ElevenLabs Adds BlackRock, Celebrities in $500M Round

Voice AI company ElevenLabs has revealed new investors in its $500 million Series D, including institutions BlackRock, Wellington, and D.E. Shaw; enterprises Nvidia, Salesforce Ventures, and Deutsche Telekom; and celebrities Jamie Foxx, Eva Longoria, and Squid Game creator Hwang Dong-hyuk. The company's valuation has surged from $6.6 billion last September to $11 billion in February. ElevenLabs also announced it has surpassed $500 million in ARR, up from $350 million at end of 2024, adding $100 million in net new ARR in Q1 2026 alone. The company closed a $100 million tender offer and plans to open investment opportunities to retail investors through Robinhood Ventures.