ElevenLabs is rapidly emerging as a leader in voice and conversational AI, closing 2025 with over $330 million in ARR fueled by strong enterprise adoption from organizations like Deutsche Telekom, Square, the Ukrainian government, and Revolut across use cases such as customer support, sales, and internal training. The company’s latest $500 million funding round—led by Sequoia Capital, with continued backing from a16z and ICONIQ—values it at $11 billion, more than tripling its valuation in just one year. With this momentum, ElevenLabs is doubling down on its ElevenAgents platform, enhancing voice AI capabilities with faster response times and more expressive interactions powered by its new conversational model, while also investing heavily in research across emotional AI, dubbing, and audio intelligence. At the same time, the company is scaling its global footprint with go-to-market teams across major cities worldwide to accelerate enterprise adoption of its voice AI solutions.
