ElevenLabs hits $500M ARR, adds BlackRock and celebs to Series D
elevenlabs revealed new investors in its $500m series d, including blackrock, nvidia, and jamie foxx. the voice ai firm reported $500m arr, adding $100m in q1, and signed deals with deutsche telekom and klarna. a new $100m tender offer and a planned retail investment program via robinhood were also announced.
ElevenLabs disclosed the full investor list for its $500 million Series D, first announced in February. New backers include institutions like BlackRock and Wellington, enterprises like NVIDIA and Salesforce, and celebrities like Jamie Foxx and Eva Longoria. The company reported surpassing $500 million in Annual Recurring Revenue (ARR), adding $100 million in net new ARR during Q1 alone, and recently acquired the team from Polish startup Papla to advance research into human-level voice models.