ElevenLabs hits 500 million ARR and lands Series D valuing it at 11 billion

Published on 5 May 2026

Series D cash aims to make AI sound uncannily human

Voice AI startup ElevenLabs says its annual recurring revenue has crossed $500 million in early 2026. The company also raised additional funds in its Series D round, valuing it at $11 billion. Management says the new capital will accelerate platform upgrades and global expansion, with a focus on more human-like AI communication.

ElevenLabs reports annual recurring revenue surpassing 500 million
New Series D funding values the company at 11 billion
Investment will support platform improvements and global expansion
The roadmap centers on more human-like AI communication

#voice ai #ai startups #annual recurring revenue #series d #elevenlabs

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ElevenLabs hits 500 million ARR and lands Series D valuing it at 11 billion

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