ElevenLabs lists BlackRock, Jamie Foxx and Longoria as new investors
TechCrunch
Voice AI startup ElevenLabs has secured new high-profile investors and reported significant growth in annual recurring revenue.Summary
Voice AI company ElevenLabs has expanded its investor base as part of its $500 million Series D funding round, attracting major institutions like BlackRock and NVIDIA alongside public figures including Jamie Foxx and Eva Longoria. The company has seen rapid financial growth, reaching $500 million in Annual Recurring Revenue (ARR) and increasing its valuation to $11 billion. ElevenLabs is focusing on developing human-level AI voice models while securing enterprise partnerships with firms like Deutsche Telekom, Revolut, and Klarna.
(Source：TechCrunch)