Artificial Intelligence
ElevenLabs
A leading AI voice-cloning and text-to-speech platform used by enterprises including Deutsche Telekom, Boston Consulting Group and Revolut. ElevenLabs raised $500 million from Sequoia Capital, Andreessen Horowitz and Iconiq at an $11 billion valuation in February 2026 -- more than tripling its $3.3 billion valuation from a January 2025 Series C -- reported $500 million in annualized recurring revenue by May 2026, and was in early talks for a secondary tender offer that would value the company at $22 billion by September 2026, as it eyes an eventual IPO.
Sources
Every claim traced to a primary source — evidence, recent activity, and insider filing behavior, all in one place.
Evidence
2 sources · 55% avg. source confidence
- CNBC — NVIDIA-backed ElevenLabs raises $500M at $11B valuation, eyes IPO58% source confidence
- Briefs / AICerts — ElevenLabs in talks for $22B tender offer, doubling February valuation52% source confidence
Dependency Map
What ElevenLabs depends on below, and who depends on ElevenLabs above — click any node to make it the new center, 3 levels deep.
Connection type
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The Story So Far (last 6 months)
Auto-generated from this entity's dated milestones, relationship updates, and sourced evidence — not AI-written, just sorted.
ElevenLabs's Timeline
A sourced, dated history of ElevenLabs's key moments — founding to present.
Jan 2025 · $180M Series C at $3.3B valuation
ElevenLabs raised a $180 million Series C at a $3.3 billion valuation.
Feb 2026 · Raises $500M at $11B valuation, backed by NVIDIA
ElevenLabs raised $500 million from Sequoia Capital, Andreessen Horowitz and Iconiq at an $11 billion valuation -- more than tripling its prior $3.3 billion valuation -- with NVIDIA among its backers, as the company eyes an eventual IPO.
May 2026 · Reaches $500M ARR, explores $22B tender offer
ElevenLabs reported $500 million in annualized recurring revenue with clients including Deutsche Telekom, Boston Consulting Group and Revolut, and entered early talks for a secondary share sale (tender offer) that would value the company at $22 billion -- double its February 2026 funding-round valuation -- expected to be completed by September 2026.