Why ElevenLabs matters
ElevenLabs raises a $500M Series D led by Sequoia at an $11B valuation in early 2026 and passes $500M in annual recurring revenue by April 2026, up from about $330M at the end of 2025. Enterprise deals account for 51% of revenue by April 2026, with customers deploying more than 2 million voice agents that have handled 33 million conversations. Klarna and Revolut run ElevenLabs Agents for first-line phone support.
The numberCrossed $500M ARR in April 2026 after a $500M Series D at an $11B valuation
On The Agentic 80
Listed under Voice agents. Agents that talk on the phone.
On The All Things AI 100
Listed under Image, video, voice, and music. Generative media companies.
Quick answers
- What does ElevenLabs do?
- Voice AI company offering text to speech, dubbing and a platform for deploying conversational voice agents. ElevenLabs raises a $500M Series D led by Sequoia at an $11B valuation in early 2026 and passes $500M in annual recurring revenue by April 2026, up from about $330M at the end of 2025.
- What AI capabilities does ElevenLabs offer?
- ElevenLabs offers text to speech, voice cloning, speech to text, and dubbing so companies can generate and translate spoken audio. ElevenLabs Agents lets teams deploy conversational voice agents for phone and web support. Business users use the API, voice library, and studio tools to produce voiceovers, localize content, and handle routine spoken customer requests.
- Why is ElevenLabs on The Agentic 80?
- ElevenLabs is listed under Voice agents. Agents that talk on the phone. Crossed $500M ARR in April 2026 after a $500M Series D at an $11B valuation.
- Why is ElevenLabs on The All Things AI 100?
- ElevenLabs is listed under Image, video, voice, and music. Generative media companies. Crossed $500M ARR in April 2026 after a $500M Series D at an $11B valuation.
- Where is ElevenLabs based, and who owns it?
- ElevenLabs is based in New York, NY, was founded in 2022 and is private, Series D.