Observed Signal · Feb 4, 2026 · Funding · Source: Trending Topics · Impact: 4/5 · Sentiment: Positive
ElevenLabs Secures $500M Funding, Reaches $11B Valuation
ElevenLabs, an AI audio company, has raised $500 million in a Series D funding round led by Sequoia Capital, bringing its valuation to $11 billion. The company, which develops voice and audio AI models for enterprises, creators, and developers, has tripled its valuation in twelve months. Its platforms include ElevenAgents for voice/chat agents, ElevenCreative for content production, and ElevenAPI for developer access. Customers include Deutsche Telekom, Square, Revolut, Duolingo, NVIDIA, TIME, Meta, and Salesforce. The company reported annual recurring revenue exceeding $330 million for fiscal year 2025 and plans to expand globally with new offices in 14 cities.
Major Series D funding for a leading AI audio company, with significant valuation increase and broad enterprise adoption, signaling strong growth in AI-driven voice and conversational technologies relevant to marketing and customer experience.
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Key Takeaways & Evidence Grounding
- ElevenLabs raised $500M in Series D funding, reaching an $11B valuation.
- Sequoia Capital led the round, with Andrew Reed joining the board.
- Total capital raised since founding in 2022 is $781M.
- Annual recurring revenue exceeded $330M in FY2025.
- Company plans to expand to 14 cities worldwide.
Connected Companies & Entities
15 Entities mapped“ElevenLabs, the audio company specializing in artificial intelligence, has completed a Series D funding round of 500 million US dollars and ...”
“Sequoia Capital is leading the investment round, with Andrew Reed joining the board of directors....”
“Users include Deutsche Telekom, Square, Revolut, and the Ukrainian government....”
“used by Meta, Epic Games, Salesforce, MasterClass, and Harvey...”
“with Duolingo, NVIDIA, and TIME among its users....”
“Previous investors A16Z and ICONIQ have substantially increased their stakes....”
“with Duolingo, NVIDIA, and TIME among its users....”
“Users include Deutsche Telekom, Square, Revolut, and the Ukrainian government....”
“with Duolingo, NVIDIA, and TIME among its users....”
“used by Meta, Epic Games, Salesforce, MasterClass, and Harvey...”
“Previous investors A16Z and ICONIQ have substantially increased their stakes....”
“used by Meta, Epic Games, Salesforce, MasterClass, and Harvey...”
“used by Meta, Epic Games, Salesforce, MasterClass, and Harvey...”
“used by Meta, Epic Games, Salesforce, MasterClass, and Harvey...”
“new investors Lightspeed Venture Partners, Evantic Capital, and BOND are participating....”
Ontology Mapping & Concepts
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