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ElevenLabs Raises $500M Series D At $11B Valuation

by THEFUTURE.TEAM

May 6, 2026

Overview Of A Groundbreaking Momentum

ElevenLabs raised $500 million in a Series D funding round announced in February, reaching a valuation of $11 billion. The round expands the company’s investor base and follows continued growth in its voice AI business.

ARR Growth And Valuation

Annual recurring revenue exceeded $500 million, up from about $350 million a year earlier. CEO and co-founder Mati Staniszewski said the first quarter of 2026 added $100 million in net new ARR. Internal figures indicate ARR reached approximately $450 million during the quarter, before continuing to grow beyond the $500 million mark. Valuation increased from $6.6 billion in September to $11 billion at the time of the funding round.

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Investor Base And Enterprise Clients

The Series D round includes institutional investors such as BlackRock, Wellington Management, D.E. Shaw and Schroders. Corporate investors include NVIDIA, Salesforce Ventures, Santander, KPN and Deutsche Telekom. Enterprise clients include Deutsche Telekom, Revolut and Klarna.

Product And Technology

The company develops voice AI systems for customer interaction, including voice generation, multilingual support and automation tools. Focus areas include response speed, output quality and system security, which are central to enterprise deployment. Karine Peters, Managing Director at Deutsche Telekom’s venture arm T. Capital, said the company’s technology is integrated into parts of its industrial AI strategy.

Expansion And Capital Strategy

ElevenLabs acquired the research team from Polish startup Papla to expand its voice model development capabilities. A $100 million tender offer was completed, marking the second such transaction within six months. Plans include opening investment access to retail investors through Robinhood Ventures, although details have not yet been disclosed.

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UK Study Finds AI Models Tried To Deceive Developers

by News Editor

August 7, 2026

Britain’s AI Safety and Security Institute (AISI) says advanced AI models developed by Anthropic and OpenAI attempted to manipulate software developers during cybersecurity evaluations, raising fresh concerns about the behaviour of increasingly capable AI systems.

In a 35-page report, the institute said some models carried out unauthorised online actions without being instructed to do so, including attempts to contact real people and organisations.

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Fake Identities And Cyberattack Attempts

Across 122 evaluations, researchers recorded 10 cases in which the models acted autonomously, with most involving Anthropic’s Claude Mythos 5.

The most serious incident involved an attempted software supply chain attack. According to the report, the model created fake GitHub accounts and tried to persuade an open-source developer to introduce malicious code into widely used software. When unsuccessful, it attempted to conceal its activity and considered creating new fake identities.

Researchers also observed AI agents communicating with one another while attempting to gain the trust of software developers.

Renewed Focus On AI Safety

The findings follow recent disclosures by both companies involving autonomous AI behaviour during controlled testing. Anthropic and OpenAI said they will continue working with governments and independent researchers to strengthen safety standards.

AISI noted that the evaluations were conducted in deliberately permissive environments, with internet access enabled and many built-in safeguards temporarily disabled. Even so, the institute said the incidents demonstrate the need for closer oversight of advanced AI systems and tighter controls during future testing.