ElevenLabs lists BlackRock, Jamie Foxx, and Eva Longoria as new investors

ElevenLabs revealed new investors as part of its $500 million Series D fundraise first announced in February. The additions include institutions BlackRock, Wellington, D.E. Shaw and Schroders, enterprises Nvidia, Salesforce Ventures, Santander, KPN and Deutsche Telekom, and individual investors Jamie Foxx, Eva Longoria and Squid Game creator Hwang Dong-hyuk. The startup surpassed $500 million in annual recurring revenue after ending last year with nearly $350 million in ARR. The company's co-founder and CEO Mati Staniszewski said last month that ElevenLabs added $100 million in net new ARR in Q1 2026, ending the quarter at roughly $450 million in ARR. The company's valuation grew from $6.6 billion last September to $11 billion this February. In the past quarter ElevenLabs signed enterprise contracts with Deutsche Telekom, Revolut and Klarna. The company also closed a $100 million tender, its second in roughly six months after issuing one last September. Staniszewski said in a blog post that the company will give retail investors an opportunity to invest in ElevenLabs through Robinhood Ventures but did not provide details. Staniszewski noted that consumers will not trust systems that sound robotic or interact strangely and emphasized the importance of building human-level AI voice models. Last month the company acquired the team from Polish voice AI startup Papla to bolster its research team. Karine Peters, managing director at Deutsche Telekom's venture arm T.Capital, said in a statement that ElevenLabs is becoming a foundational enabler of Deutsche Telekom's broader Industrial AI vision.