ElevenLabs disclosed new investors in its Series D round, adding BlackRock, Wellington, D.E. Shaw, Schroders, plus corporate backers NVIDIA, Salesforce, Santander, KPN and Deutsche Telekom, and celebrities Jamie Foxx, Eva Longoria and Hwang Dong-hyuk. The round brings the total Series D pool to about $500 million, reflecting strong demand for generative speech tech.

Company reported ARR grew from nearly $350 million at end‑2025 to over $500 million, with Q1 2026 adding $100 million net new ARR to finish around $450 million. Valuation jumped from $6.6 billion in September to $11 billion this February, reflecting investor confidence as voice AI becomes a core customer‑interaction layer. Recent enterprise wins include Deutsche Telekom, Revolut and Klarna.

ElevenLabs also secured a $100 million tender, its second in six months, and plans to open a retail‑investor window via Robinhood Ventures. An acquisition of Polish startup Papla’s team bolsters its research capabilities. With enterprise contracts expanding and a valuation now above $10 billion, the firm is positioned to monetize voice‑as‑a‑service across multinational platforms.

Staniszewski announced that retail participants will soon access ElevenLabs shares through Robinhood Ventures, though details remain pending. By integrating the Papla research team and locking in large telco contracts, the company aims to translate its AI voice models into scalable revenue streams. With a valuation north of $10 billion, ElevenLabs now commands a decisive role in enterprise AI.