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ElevenLabsRevenue

EU Fund Scaleup Europe Plans Multi-Million Dollar Investment in ElevenLabs

What happened

ElevenLabs expects its annual recurring revenue (ARR) to increase to more than $500 million in the first 4 months of 2026, up from $350 million at the end of 2025.

Source

Article excerpt

ElevenLabs is negotiating with the Scaleup Europe Fund about a financing round of over 500 million dollars. The EU fund aims to strengthen European AI champions. According to financial circles, the AI audio company ElevenLabs is negotiating a new financing round of more than 500 million dollars. Among the potential investors is the Brussels-backed Scaleup Europe Fund, which, with a volume of 5 billion euros, specifically supports late-stage financing rounds of European technology companies. The Scaleup Europe Fund is managed by the investment company EQT and supported by the European Commission and institutions such as Allianz, APG, Novo Holdings, CriteriaCaixa, and Mouro Capital. The fund's goal is to prevent European growth companies from having to raise their late-stage capital almost exclusively in the USA. Among the fund's recent investments are: The startup ElevenLabs was founded in 2022 by Mati Staniszewski and Piotr Dąbkowski. The founders left their positions at Palantir and Google to develop realistic-sounding AI voices. The company's valuation has risen sharply since its founding. Following a Series D round of over 500 million dollars led by Sequoia Capital in February 2026, the valuation stood at 11 billion dollars. Co-founder Mati Staniszewski stated regarding the company's long-term direction that they want to make ElevenLabs "ready for an IPO within 2 to 3...

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Extracted from this sentence

The company expects an increase in annual recurring revenue (ARR) from 350 million dollars at the end of 2025 to more than 500 million dollars in the first 4 months of 2026.

Extracted by Autobound

From the Signal API record
Event
Revenue

What this signalsRevenue results often set the next budget cycle.

Amount named
$500M
Takes effect
Apr 30, 2026

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The full record

From the Signal API record

Numbers

Amount named in the story
$500M

Extraction

Confidence
90%
Detected
Sep 20, 2026
signal_type
news
signal_subtype
has_revenue

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The API returns more than this page shows

This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/283d4db8-fcb1-be90-3c79-6b38ecd53f5e returns this record as JSON. POST /v1/companies/enrich returns every signal for elevenlabs.io.

{
  "signal_id": "283d4db8-fcb1-be90-3c79-6b38ecd53f5e",
  "signal_type": "news",
  "signal_subtype": "has_revenue",
  "detected_at": "2026-09-20T22:31:20+00:00",
  "company": {
    "name": "ElevenLabs",
    "domain": "elevenlabs.io"
  },
  "data": {
    "url": "https://n24.com.tr/technologie/eu-fonds-scaleup-europe-plant-millionen-investment-in-elevenlabs-606",
    "title": "EU Fund Scaleup Europe Plans Multi-Million Dollar Investment in ElevenLabs - n24.com.tr",
    "excerpt": "ElevenLabs is negotiating with the Scaleup Europe Fund about a financing round of over 500 million dollars. The EU fund aims to strengthen European AI champions.\nAccording to financial circles, the AI audio company ElevenLabs is negotiating a new financing round of more than 500 million dollars. Among the potential investors is the Brussels-backed Scaleup Europe Fund, which, with a volume of 5 billion euros, specifically supports late-stage financing rounds of European technology companies.\nThe Scaleup Europe Fund is managed by the investment company EQT and supported by the European Commission and institutions such as Allianz, APG, Novo Holdings, CriteriaCaixa, and Mouro Capital. The fund's goal is to prevent European growth companies from having to raise their late-stage capital almost exclusively in the USA. Among the fund's recent investments are:\nThe startup ElevenLabs was founded in 2022 by Mati Staniszewski and Piotr Dąbkowski. The founders left their positions at Palantir and Google to develop realistic-sounding AI voices. The company's valuation has risen sharply since its founding. Following a Series D round of over 500 million dollars led by Sequoia Capital in February 2026, the valuation stood at 11 billion dollars.\nCo-founder Mati Staniszewski stated regarding the company's long-term direction that they want to make ElevenLabs \"ready for an IPO within 2 to 3...",
    "summary": "ElevenLabs expects its annual recurring revenue (ARR) to increase to more than $500 million in the first 4 months of 2026, up from $350 million at the end of 2025.",
    "planning": false,
    "image_url": "https://n24.com.tr/varliklar/img/yuklemeler/eus-5b-scaleup-europe-fund-in-talks-to-back-elevenlabs-500m-raise-12.jpg",
    "confidence": 0.9,
    "published_at": "2026-09-20T22:31:20Z",
    "effective_date": "2026-04-30",
    "article_sentence": "The company expects an increase in annual recurring revenue (ARR) from 350 million dollars at the end of 2025 to more than 500 million dollars in the first 4 months of 2026.",
    "amount_normalized": 500000000
  }
}

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