Huge moment for our team - showing what world-class technical talent + bold production vision and execution can achieve If you're passionate about cutting-edge AI, scalable systems, and building tech that moves markets, we're growing fast and hiring across engineering, product and GTM! Onwards and upwards to new valuation highs with many multiples of 11B!
We raised $500M at an $11B valuation to transform how people interact with technology. We are using the funds to double down on ElevenAgents, which enables enterprises to deploy voice and chat agents with the reliability, integrations, testing, and monitoring required for large-scale customer operations. Today, we upgraded our agents with faster response times and improved expressiveness using our new turn-taking system and Eleven v3 Conversational. ElevenLabs closed 2025 with over $330 million in ARR, driven by rapid enterprise adoption of ElevenAgents. ElevenAgents customers include Deutsche Telekom, Square, the Ukrainian Government, and Revolut for customer support, conversational commerce, citizen engagement, internal training, and inbound sales. We will continue investing deeply in research. Our focus includes empathetic conversational models, dubbing, and audio general intelligence, and bringing those advances into products used at scale. The round was led by Sequoia Capital, with Andrew Reed joining our board. Andreessen Horowitz quadrupled down and ICONIQ tripled down. New investors include Lightspeed Venture Partners, Evantic Capital, BOND, alongside continued support from existing partners.
