US EditionElevenLabs Secures $11 Billion Valuation in Latest Funding Round
The funding more than triples ElevenLabs' valuation since January 2025 and will support R&D, global expansion, and plans for an initial public offering.
- On February 4, 2026, ElevenLabs raised $500 million in a Series D led by Sequoia Capital, valuing the company at $11 billion and increasing total funding to $781 million.
- Using the new capital, ElevenLabs will fund research and product development and expand into India, Japan, Singapore, Brazil and Mexico, after closing 2025 with more than $330 million in annual recurring revenue.
- New and returning backers joined the round, including Lightspeed Venture Partners, EvanticCapital, BOND, BroadLight, NFDG, Valor Capital, AMP Coalition, and Smash Capital, while a16z quadrupled its investment and ICONIQ tripled its commitment; Andrew Reed, Sequoia partner, is joining the board.
- With fresh funding, ElevenLabs will bolster conversational Agents used by Square and Revolut, expand its Creative offering combining audio with video, and advance toward IPO readiness with LTX partnership.
- Against a booming funding backdrop, the voice-generation submarket is projected to grow from $4.1 billion to $20.7 billion by 2031, with rivals like Deepgram raising $130 million at a $1.3 billion valuation.
24 Articles
24 Articles
Mati Staniszewski and Piotr Dabkowski Triple ElevenLabs’ Valuation to $11 Billion, Solidifying Their Grip on A.I. Voice
Mati Staniszewski and Piotr Dabkowski’s ElevenLabs is everywhere. Matthew McConaughey uses ElevenLabs to power the Spanish-language version of his personal newsletter. Masterclass uses ElevenLabs to give A.I. versions of its instructors a voice. Even the Ukrainian government uses ElevenLabs to add audio interfaces to public services. Silicon Valley, of course, has also taken notice of the venture’s fast-spreading influence. Today (Feb. 4), Stani…
ElevenLabs triples valuation to $11B in one year after $500M round led by Sequoia, eyes IPO - Tech Startups
ElevenLabs just closed a $500 million funding round that values the company at $11 billion, a sharp jump from the $3.3 billion price valuation a year ago. The raise lands as the three-year-old startup lines up a path toward a […] The post ElevenLabs triples valuation to $11B in one year after $500M round led by Sequoia, eyes IPO first appeared on Tech Startups.
ElevenLabs secures $11 billion valuation in latest funding round
AI voice generation firm ElevenLabs said on Wednesday it had secured an $11 billion valuation after raising $500 million in its latest funding round, signaling strong investor enthusiasm for the startup's prospects.
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