ElevenLabs lists BlackRock, Jamie Foxx, and Eva Longoria as new investors

New Investors and Strategic Partnerships

Voice AI company ElevenLabs has revealed new investors as part of its $500 million Series D fundraise, originally announced in February. The additions include:

Institutional Investors:

BlackRock
Wellington
D.E. Shaw
Schroders

Enterprise Partners:

Nvidia
Salesforce Ventures
Santander
KPN
Deutsche Telekom

Individual Investors:

Jamie Foxx
Eva Longoria
Hwang Dong-hyuk (Squid Game creator)

Financial Performance

ARR Milestone: Surpassed $500 million in annual recurring revenue
Q1 2026: Added $100 million in net new ARR, ending the quarter at roughly $450 million
2025 Performance: Ended the year with nearly $350 million in ARR
Valuation Growth: Accelerated from $6.6 billion (September) to $11 billion (February)
Tender Offer: Closed a $100 million tender, the second in six months

Enterprise Expansion

In the past quarter, ElevenLabs has signed enterprise contracts with:

Deutsche Telekom
Revolut
Klarna

Strategic Vision

Quote from Deutsche Telekom's T.Capital:

"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."

Product Development Focus

CEO Mati Staniszewski's emphasis:

Building "human-level AI voice models"
Recognition that consumers won't trust robotic or strangely-interacting systems
Recent acquisition of Polish voice AI startup Papla's team to strengthen research capabilities

Future Plans

Opportunity for retail investors to invest through Robinhood Ventures (details pending)