ElevenLabs Raises $500M, Nabs Celeb Backers

ElevenLabs, a voice AI powerhouse, announced its Series D round backers, including BlackRock, Wellington, D.E. Shaw, Schroders, NVIDIA, Salesforce, Santander, KPN, Deutsche Telekom, Jamie Foxx, Eva Longoria, and Hwang Dong-hyuk. The company surpassed $500 million in annual recurring revenue, with $100 million in net new ARR in Q1 2026. ElevenLabs valuation doubled to $11 billion, with Deutsche Telekoms venture lead calling it a game-changer for industrial AI. Major enterprise deals and acquisitions have boosted growth, aiming for natural AI interactions to redefine business connections. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b00718c50b3c9cab