Voice AI company ElevenLabs has crossed $500 million in annual recurring revenue (ARR) within the first four months of 2026. The company also announced additional investment as part of its ongoing Series D funding round.

New investors in the round include BlackRock, Wellington, D.E. Shaw, and Schroders. The round also saw participation from Nvidia, Salesforce Ventures, Santander, KPN, and Deutsche Telekom.

The company stated that its growth has been driven by enterprise adoption of its voice AI agents. These agents are being used across functions such as customer support, sales, hiring, and marketing operations.

According to the company, its platform is being adopted by enterprises to deploy voice-based AI systems for handling interactions and operational workflows. The use of AI-driven voice agents is contributing to the company’s revenue growth.

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The funding will support further development of ElevenLabs’ platform. This includes work on multimedia tools and AI agents designed to enable communication across multiple channels.

The company also indicated that the new investment will be used to support expansion into additional markets.

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