TermSheet

ElevenLabs

AI audio and voice technology company building text-to-speech, voice generation, and conversational audio products.

Series DLondon, UK / New York, NY

Cumulative raised across 5 rounds, totaling $781M.

Fundraising history.

Cumulative raised$781MJan 2023 to Feb 2026 · 5 rounds
Jan 2023Jun 2023Jan 2024Jan 2025Feb 2026
  1. Pre-Seed — $2M

    Jan 2023

    ElevenLabs announced a $2M pre-seed alongside the launch of its beta AI speech platform.

    Led by Credo Ventures · with Concept Ventures

    Source ↗
  2. Series A — $19M

    Jun 2023

    Series A to accelerate voice AI research and product deployment.

    Led by Nat Friedman, Daniel Gross, Andreessen Horowitz · with Credo Ventures, Concept Ventures, SV Angel, Guillermo Rauch

    Source ↗
  3. Series B — $80M

    Jan 2024

    Series B to strengthen ElevenLabs’ position in voice AI research and product development.

    Led by Andreessen Horowitz, Nat Friedman, Daniel Gross · with Sequoia Capital, Smash Capital, SV Angel, BroadLight Capital +1

    Source ↗
  4. Series C — $180M

    Jan 2025

    $3.3B post-money

    Series C at a $3.3B post-money valuation.

    Led by Andreessen Horowitz, ICONIQ Growth · with NEA, World Innovation Lab, Valor, Endeavor Catalyst Fund +1

    Source ↗
  5. Series D — $500M

    Feb 2026

    $11B

    Reported new funding round led by Sequoia Capital at an $11B valuation.

    Led by Sequoia Capital · with Andreessen Horowitz, ICONIQ Growth

    Source ↗

AI audio and voice technology company building text-to-speech, voice generation, and conversational audio products.

AI audio and voice technology company building text-to-speech, voice generation, and conversational audio products.

Company links