ElevenLabs Lists BlackRock, Jamie Foxx, and Eva Longoria as New Investors in Series D Fundraise
ELEVENLABS SECURES BLACKROCK AS A NEW INVESTOR IN SERIES D FUNDRAISE
Voice AI company ElevenLabs has made significant strides in its funding efforts, recently revealing that BlackRock has joined its roster of new investors as part of its $500 million Series D fundraise. This announcement, which follows the initial fundraising announcement made in February, highlights the growing interest and confidence from major financial institutions in ElevenLabs’ innovative approach to voice technology. BlackRock, a global investment management corporation, adds a layer of credibility and financial strength to ElevenLabs, indicating a strong belief in the company’s potential for growth and market leadership.
JAMIE FOXX AND EVA LONGORIA JOIN ELEVENLABS' INVESTMENT ROSTER
In addition to institutional investors like BlackRock, ElevenLabs has attracted notable individual investors, including Hollywood stars Jamie Foxx and Eva Longoria. Their involvement not only brings financial backing but also enhances the company’s visibility and appeal within the entertainment and media sectors. Both Foxx and Longoria are recognized for their influential roles in the industry, and their investment signifies a belief in ElevenLabs' capabilities to revolutionize voice technology, particularly in applications related to media and entertainment.
THE IMPACT OF ELEVENLABS' $500 MILLION SERIES D FUNDRAISE
The $500 million Series D fundraise is a pivotal moment for ElevenLabs, enabling the company to accelerate its growth trajectory and expand its product offerings. This substantial influx of capital will likely be directed towards research and development, enhancing existing products, and exploring new market opportunities. The backing from both institutional and individual investors underscores the confidence in ElevenLabs’ vision and its ability to innovate within the voice AI landscape. As the company continues to grow, the impact of this funding round will be felt across various sectors that rely on voice technology for customer interaction and engagement.
HOW ELEVENLABS' GROWTH IN ARR ATTRACTED HIGH-PROFILE INVESTORS
ElevenLabs has demonstrated impressive growth in its annual recurring revenue (ARR), surpassing $500 million after ending the previous year with nearly $350 million. This rapid growth trajectory is a key factor that attracted high-profile investors like BlackRock, Jamie Foxx, and Eva Longoria. The company reported adding $100 million in net new ARR in the first quarter of 2026 alone, which showcases its robust business model and the increasing demand for its voice AI solutions. Such growth not only reflects the company's operational success but also positions it as a lucrative investment opportunity for those looking to capitalize on the expanding voice technology market.
ELEVENLABS' VALUATION SOARS TO $11 BILLION WITH NEW INVESTMENTS
With the recent investments from BlackRock and other prominent figures, ElevenLabs has seen its valuation soar to an impressive $11 billion, up from $6.6 billion just last September. This remarkable increase in valuation highlights the company's rapid ascent in the tech landscape and its potential to redefine how businesses leverage voice technology. The support from high-profile investors, coupled with the company's strong financial performance, suggests that ElevenLabs is well-positioned to lead the voice AI sector. As it continues to innovate and expand, the implications of this valuation growth could resonate across various industries, paving the way for new advancements in customer interaction and engagement.