MoneyMay 6, 2026via SiliconAngle
ElevenLabs adds high-profile investors after annualized revenue tops $500M
Why it matters
ElevenLabs' $500M ARR and $11B valuation signal that voice/audio AI has crossed into mainstream commercial viability, attracting institutional capital and validating a previously underestimated market segment.
Key signals
- $500M annualized revenue
- $11B post-money valuation
- $500M Series D closed in February 2026
- Several dozen high-profile investors joined latest round
- Focus: AI models for audio processing
- Published May 2026
The hook
$11B valuation. ElevenLabs just proved audio AI isn't a niche play—$500M annualized revenue speaks louder than the models themselves.
ElevenLabs Inc., a developer of artificial intelligence models optimized for audio processing, today announced that several dozen investors have joined its latest funding round. The startup first closed the Series D investment in February with a $500 million haul. The raise valued ElevenLabs at $11 …