ElevenLabs Lands BlackRock, Jamie Foxx, and Eva Longoria in $500M AI Voice Funding Surge
ElevenLabs, a leading voice AI startup, has revealed high-profile new investors including asset giant BlackRock, actor Jamie Foxx, and Eva Longoria as part of its massive funding push.
This announcement highlights the growing excitement around realistic AI-generated voices that sound remarkably human.
Explosive Growth Fuels Investor Frenzy
The company crossed $500 million in annual recurring revenue just four years after its 2022 founding, up from $350 million at the end of 2025.
ElevenLabs raised $500 million in a Series D round earlier this year at an $11 billion valuation, more than tripling its worth from the prior round.
CEO Mati Staniszewski noted the addition of $100 million in new revenue during the first quarter of 2026 alone.
Star-Studded and Strategic Backers
Beyond celebrities, heavyweights like Nvidia, Salesforce Ventures, Wellington, and telecom firms such as Deutsche Telekom joined the roster.
These investors see voice AI as essential for secure, low-latency customer interactions in enterprises.
Hollywood involvement, including Squid Game creator Hwang Dong-hyuk, points to untapped potential in entertainment dubbing and personalized media.
Shaping the Future of Human-Like AI
ElevenLabs plans to acquire a Polish voice AI team and expand deals with companies like Revolut and Klarna.
For everyday users, this means more natural-sounding virtual assistants, audiobooks, and call centers that ditch robotic tones.
Amid deepfake worries, the focus on quality and security could set industry standards and boost trust in voice tech.
With institutional money pouring in, voice AI may eclipse chatbots as the next frontier in human-machine interaction.
