ElevenLabs raises $500M Series D at $11B valuation

ElevenLabs raised a $500M Series D at an $11B valuation to expand its audio AI platforms.

ElevenLabs announced a $500 million Series D at an $11 billion valuation, more than triple its valuation from a year earlier. The round was led by Sequoia Capital, with A16Z, ICONIQ, Lightspeed, BOND, and others participating. The company says it will invest in ElevenAgents, ElevenCreative, ElevenAPI, voice agents, conversational models, dubbing, audio research, and international expansion.

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