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Wednesday • February 4, 2026

Industry News Source

Voice AI startup ElevenLabs more than triples valuation in $500M round

ElevenLabs said Today that the Cash Infusion Values It at $11 Billion, More Than Triple the $3.3 Billion the Company was Worth Last January

The valuation jump is a reflection of the AI provider’s sales growth. ElevenLabs, which was founded in 2022, is generating more than $330 million in annualized revenue from a customer base that includes Meta Platforms Inc., Nvidia Corp. and other major tech firms.

Artificial Intelligence, Start Ups

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