According to Beating, AI voice platform ElevenLabs announced its annual recurring revenue (ARR) surged to $500 million in the past 4 months, up 43% from $350 million at year-end 2025. The growth was driven by enterprise adoption of AI voice agents for customer service, sales, and recruitment.
The company closed the third tranche of its Series D round with investors spanning finance, technology, and entertainment: BlackRock, D.E. Shaw, Wellington, Nvidia (via NVentures), Salesforce, Deutsche Telekom, and over 30 celebrities including Jamie Foxx, Eva Longoria, and Bong Joon-ho. ElevenLabs also completed a $100 million secondary share sale for employee liquidity. The company has 530 employees across 50+ countries.
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