ElevenLabs secures over $550 million in Series D funding led by high-profile investors
Here's what it means for you.
The significant investment in ElevenLabs underscores the growing importance of voice AI technologies in the market.
What happened
ElevenLabs raised over $550 million in its Series D funding round, attracting notable investors including Jamie Foxx, Eva Longoria, and BlackRock.
The Context
- ElevenLabs is recognized as one of the UK's most hyped AI startups.
- The company has expanded its enterprise footprint as voice AI gains importance.
- The involvement of celebrities like Jamie Foxx and Eva Longoria signifies a growing interest in AI technologies.
Takeaway
The influx of investment suggests a promising future for ElevenLabs as it continues to innovate in the AI space.
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ElevenLabs raised $550M+ in its Series D, up from a previously announced $500M, adding BlackRock, Nvidia, and others as investors; its ARR passed $500M in Q1 (John Reynolds/Tech.eu)
ElevenLabs has successfully raised over $550 million in its Series D funding round, exceeding the previously announced $500 million, with notable investors including BlackRock and Nvidia. The company also reported an annual recurring revenue (ARR) su...
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ElevenLabs lists BlackRock, Jamie Foxx and Longoria as new investors
ElevenLabs has announced the addition of notable investors including BlackRock, Jamie Foxx, and Eva Longoria, achieving a significant milestone of $500 million in annual recurring revenue (ARR) as it expands its enterprise presence in the voice AI se...
Startup news with frequent AI coverage.
"Covers launches, funding, and product updates in AI."
— A47 Editor
ElevenLabs lists BlackRock, Jamie Foxx, and Eva Longoria as new investors
ElevenLabs has announced the addition of prominent investors including BlackRock, Jamie Foxx, and Eva Longoria, while achieving a significant milestone of $500 million in annual recurring revenue (ARR) as it expands its enterprise presence in the voi...
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Jamie Foxx, Squid Game Creator Invest in AI Startup ElevenLabs
Artificial intelligence developer ElevenLabs has attracted a notable group of investors, including BlackRock Inc., Nvidia Corp., actors Jamie Foxx and Eva Longoria, and Hwang Dong-hyuk, the creator of the acclaimed series Squid Game. This influx of i...
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Jamie Foxx, Squid Game Creator Invest in AI Startup ElevenLabs
Artificial intelligence developer ElevenLabs has attracted a notable group of investors, including BlackRock Inc., Nvidia Corp., actors Jamie Foxx and Eva Longoria, and Hwang Dong-hyuk, the creator of the acclaimed series Squid Game. This influx of i...