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ElevenLabs raises $500M Series D at $11B valuation
Mati Staniszewski, ElevenLabs, 2026
Read the originalRead on October 19, 2026
- What it is
- ElevenLabs' own blog post, dated 4 February 2026, announcing a $500 million Series D led by Sequoia Capital, with Andrew Reed joining the board. The post says the money funds research, product and international expansion.
- How much weight it carries
- Written by the company that raised the money, so reliable on the amount, lead and date. The headline's $11 billion valuation is not money raised and is not used. The post does not state the total raised or any later close.
Facts taken from this source
- ElevenLabs announced on 4 February 2026 that it had raised $500 million in a Series D round led by Sequoia Capital.
“ElevenLabs has raised $500 million in a Series D funding round to transform the way we interact with technology.” (Announcement, first paragraph)