HomeElevenLabs names BlackRock, Jamie Foxx, Eva Longoria as new investors
ElevenLabs, the voice AI company, has disclosed additional investors in its $500 million Series D round, originally announced in February. These include institutional investors like BlackRock, Wellington, D.E. Shaw, and Schroders; corporations such as NVIDIA, Salesforce, Santander, KPN, and Deutsche Telekom; and individual backers including Jamie Foxx, Eva Longoria, and Hwang Dong-hyuk, creator of Squid Game.
The startup also reported exceeding $500 million in annual recurring revenue (ARR), up from nearly $350 million at the end of last year. Co-founder and CEO Mati Staniszewski stated last month that ElevenLabs added $100 million in net new ARR in Q1 2026, ending the quarter at around $450 million.
The company’s valuation has also climbed rapidly, from $6.6 billion last September to $11 billion this February.
“Voice is the highest-stakes channel for any customer interaction, and the bar for quality, latency, and security is extremely high. ElevenLabs is not just a category leader – it is becoming a foundational enabler of Deutsche Telekom’s broader Industrial AI vision. From voice-as-a-service to multilingual automation and in-network AI agents, we believe the company is uniquely positioned to reshape how businesses interact with customers across all channels,” said Karine Peters, Managing Director at Deutsche Telekom’s venture arm T. Capital, in a statement.
Over the past quarter, the voice AI company has signed enterprise agreements with companies including Deutsche Telekom, Revolut, and Klarna.
ElevenLabs also announced it closed a $100 million tender offer, the second in about six months after a previous one last September. In a blog post, Staniszewski said the company will offer retail investors a chance to invest through Robinhood Ventures, though he did not provide details about the program.
Staniszewski noted that consumers will not trust systems that sound robotic or “interact strangely,” and stressed the importance of developing “human-level AI voice models.” Last month, the company acquired the team from Polish voice AI startup Papla to strengthen its research efforts.
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Wow, BlackRock getting into voice AI? That's either a huge vote of confidence or a sign they want to control the next voice interface. Jamie Foxx and Eva Longoria as investors? Seems like Hollywood is betting big on ElevenLabs. Interesting times ahead 🤔
ElevenLabs, the voice AI company, has disclosed additional investors in its $500 million Series D round, originally announced in February. These include institutional investors like BlackRock, Wellington, D.E. Shaw, and Schroders; corporations such as NVIDIA, Salesforce, Santander, KPN, and Deutsche Telekom; and individual backers including Jamie Foxx, Eva Longoria, and Hwang Dong-hyuk, creator of Squid Game.
The startup also reported exceeding $500 million in annual recurring revenue (ARR), up from nearly $350 million at the end of last year. Co-founder and CEO Mati Staniszewski stated last month that ElevenLabs added $100 million in net new ARR in Q1 2026, ending the quarter at around $450 million.
The company’s valuation has also climbed rapidly, from $6.6 billion last September to $11 billion this February.
“Voice is the highest-stakes channel for any customer interaction, and the bar for quality, latency, and security is extremely high. ElevenLabs is not just a category leader – it is becoming a foundational enabler of Deutsche Telekom’s broader Industrial AI vision. From voice-as-a-service to multilingual automation and in-network AI agents, we believe the company is uniquely positioned to reshape how businesses interact with customers across all channels,” said Karine Peters, Managing Director at Deutsche Telekom’s venture arm T. Capital, in a statement.
Over the past quarter, the voice AI company has signed enterprise agreements with companies including Deutsche Telekom, Revolut, and Klarna.
ElevenLabs also announced it closed a $100 million tender offer, the second in about six months after a previous one last September. In a blog post, Staniszewski said the company will offer retail investors a chance to invest through Robinhood Ventures, though he did not provide details about the program.
Staniszewski noted that consumers will not trust systems that sound robotic or “interact strangely,” and stressed the importance of developing “human-level AI voice models.” Last month, the company acquired the team from Polish voice AI startup Papla to strengthen its research efforts.
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Wow, BlackRock getting into voice AI? That's either a huge vote of confidence or a sign they want to control the next voice interface. Jamie Foxx and Eva Longoria as investors? Seems like Hollywood is betting big on ElevenLabs. Interesting times ahead 🤔
