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ElevenLabs announced new investors as part of its $500 million Series D fundraise.
ElevenLabs revealed new Series D investors, including BlackRock, NVIDIA, Salesforce, and Deutsche Telekom.
KEY POINTS
- ElevenLabs surpassed $500 million in Annual Recurring Revenue, up from $350 million at end of last year.
- The company's valuation grew from $6.6 billion in September to $11 billion by February.
- ElevenLabs signed new enterprise contracts with Deutsche Telekom, Revolut, and Klarna in the past quarter.
- ElevenLabs plans to allow retail investors to invest via Robinhood Ventures but details are pending.
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