ElevenLabs Raises Funding from BlackRock, Jamie Foxx

ElevenLabs, an AI voice technology company, has announced new investors including BlackRock and actor Jamie Foxx as it reaches $500 million in annual recurring revenue. The funding round reflects growing enterprise demand for voice AI solutions across industries.

ElevenLabs, a leading artificial intelligence company specializing in voice synthesis and audio technology, has secured new investment backing from prominent financial institutions and entertainment figures. BlackRock, the world's largest asset management firm, and actor Jamie Foxx are among the disclosed investors joining the company's funding round. This investment milestone underscores the accelerating adoption of voice AI technologies in enterprise environments.

The Dublin-headquartered startup announced it has reached $500 million in annual recurring revenue, demonstrating significant commercial traction in the AI voice market. This financial metric reflects strong demand from businesses seeking to integrate advanced voice synthesis capabilities into their operations and customer-facing applications. The company's growth trajectory suggests voice AI is becoming an essential technology layer for modern enterprises.

The new investor coalition, which also includes Eva Longoria as disclosed in the announcement, highlights the intersection of technology investment and entertainment industry backing. This mix of institutional capital and creative industry participation suggests voice AI applications span both enterprise infrastructure and content creation markets. ElevenLabs continues expanding its footprint across sectors including entertainment, customer service automation, and digital content production.

The company's trajectory reflects broader market trends where AI-generated voice technology moves from experimental applications to critical business infrastructure. Enterprise adoption of ElevenLabs' solutions indicates organizations increasingly view voice AI as essential for competitive advantage and operational efficiency. The $500 million ARR milestone positions the company among the fastest-growing AI startups globally.