ElevenLabs Secures $500M Funding, Reaches $11B Valuation
Article excerpt
Highlighted: the sentence this signal was extracted from
ElevenLabs secures $500M funding, reaches $11B valuation. They stand for audio AI more than any other company: ElevenLabs, the audio company specializing in artificial intelligence, has completed a Series D funding round of 500 million US dollars and is now valued at 11 billion US dollars. The valuation has more than tripled within twelve months. Sequoia Capital is leading the investment round, with Andrew Reed joining the board of directors. Previous investors A16Z and ICONIQ have substantially increased their stakes, while new investors Lightspeed Venture Partners, Evantic Capital, and BOND are participating. Since the company's founding in 2022, total capital raised amounts to 781 million US dollars. The company closed fiscal year 2025 with annual recurring revenue of over 330 million US dollars. According to the company, this development is driven by growing demand from international large customers. Technological advancement and research focus. ElevenLabs operates three central platforms for different application areas. The enterprise platform ElevenAgents enables the scalable deployment of voice and chat agents with integrated testing, monitoring, and reliability functions. Users include Deutsche Telekom, Square, Revolut, and the Ukrainian government. The ElevenCreative platform is aimed at content creators and brands for the production, editing, and localization...
Keep reading with a free account
The rest of this article, and every signal for ElevenLabs, is in your free account.
