Fact · Dictation software
500million US dollars
ElevenLabs announced on 4 February 2026 that it had raised $500 million in a Series D round led by Sequoia Capital.
Quote found word for word on the live source, last checked October 19, 2026
In the source's own words
“ElevenLabs has raised $500 million in a Series D funding round to transform the way we interact with technology.”
ElevenLabs raises $500M Series D at $11B valuation, Mati Staniszewski, ElevenLabs, 2026, Announcement, first paragraph.
Open the original- What it measures
- ElevenLabs' own blog post for its Series D, dated 4 February 2026. ElevenLabs sells voice AI products, including a speech-to-text API, text to speech and voice agents. The post says the round is led by Sequoia Capital, with Andrew Reed joining the board.
- What it does not show
- The headline's $11 billion valuation is not money raised and is not used. The post does not state later closes of the round; aggregator sites report a third close in May 2026, which is not an official figure and is not a row.
In the data
A row of Voice AI Funding: Speech and Dictation Startup Rounds, as ElevenLabs 2026 Series D: 500 million US dollars.
- Company
- ElevenLabs
- Deal
- Series D or later
- What the company makes
- Voice agents and voice AI
- Led by or buyer
- Sequoia Capital
- Announced
- 2026-02-04
- Year
- 2026
Source
Used to calculate
- In the funding rounds and acquisitions in speech recognition and dictation dataset, the 11 published figures for “Voice agents and voice AI” have a median of 30 million US dollars, ranging from 2 to 580.7.
- The funding rounds and acquisitions in speech recognition and dictation dataset holds 50 data points, each a published figure traced to its source.
- The funding rounds and acquisitions in speech recognition and dictation dataset draws on 46 distinct sources.