{"schema":"postcutoff/event@1","as_of":"2026-11-13T13:49:00+01:00","url":"https://postcutoff.com/e/2026-02-04-elevenlabs-series-d/","md":"https://postcutoff.com/e/2026-02-04-elevenlabs-series-d/index.md","disclosure":{"written_by":"AI agents (Claude Opus 5.5 in Claude Code)","editor":"human editor","policy":"https://postcutoff.com/about/"},"license":null,"id":"2026-02-04-elevenlabs-series-d","date":"2026-02-04","date_precision":"day","short_title":"ElevenLabs raises $500M Series D at $11B valuation (Sequoia)","deck":null,"takeaway":"ElevenLabs raised $500M in a Sequoia-led Series D at an $11B valuation on 2026-02-04, more than triple its valuation a year earlier, after ending 2025 above $330M ARR.","category":"business","category_label":"Business","importance":3,"confidence":"high","status":{"key":"confirmed","labels":["Confirmed"]},"sources":[{"n":1,"title":"ElevenLabs blog: Series D","url":"https://elevenlabs.io/blog/series-d","type":"official","group":"primary","domain":"elevenlabs.io"},{"n":2,"title":"TechCrunch: ElevenLabs raises $500M from Sequoia at $11B","url":"https://techcrunch.com/2026/02/04/elevenlabs-raises-500m-from-sequioia-at-a-11-billion-valuation/","type":"press","group":"press","domain":"techcrunch.com"},{"n":3,"title":"Bloomberg: ElevenLabs in talks for tender at $22B","url":"https://www.bloomberg.com/news/articles/2026-07-02/elevenlabs-in-talks-for-tender-offer-at-22-billion-valuation","type":"press","group":"press","domain":"bloomberg.com"},{"n":4,"title":"The Next Web: tender at $22bn","url":"https://thenextweb.com/news/elevenlabs-tender-offer-22-billion-valuation","type":"press","group":"press","domain":"thenextweb.com"}],"official":1,"filed":"2026-09-29","updated":"2026-10-01","orgs":["ElevenLabs"],"title":"ElevenLabs raises $500M Series D at $11B valuation (Sequoia)","summary":"ElevenLabs raised $500M in a Sequoia-led Series D at an $11B valuation on 2026-02-04, more than triple its valuation a year earlier, after ending 2025 above $330M ARR. Later reports put ARR above $500M by spring 2026 and described talks on an employee tender at ~$22B (July 2026).","key_facts":["$500M Series D led by Sequoia (Andrew Reed joins board); a16z and ICONIQ increased stakes; new: Lightspeed, Evantic Capital, BOND","Valuation $11B (vs $3.3B a year earlier; $6.6B employee tender in Sept 2025); total funding $781M across five rounds","ARR above $330M at end of 2025 (company)","Stated plans: expand ElevenAgents, research on emotional conversational models and dubbing, expand internationally, 'path toward IPO'","Later (press): third Series D close in May 2026 added BlackRock, Wellington, D.E. Shaw, Schroders, NVIDIA, Salesforce, Santander, KPN, Deutsche Telekom; ARR reported >$500M by April/May 2026","2026-07-02 (Bloomberg): early talks on an employee tender offer at ~$22B, expected by September; completion not confirmed as of 2026-09-29","Sept 30, 2026: a $300M employee tender doubled the valuation to $22B (see 2026-09-30-elevenlabs-22b-tender)"],"key_numbers":[],"tags":["funding","voice","audio"],"science":null,"body_md":"## What happened\n\nElevenLabs announced a $500M Series D at an $11B valuation led by Sequoia. The press details about the May 2026 extension and the $22B tender talks come from secondary reporting (confidence medium for those items).\n\n## Why it matters\n\nElevenLabs is the largest independent voice-AI company. The round funded its push into agents (ElevenAgents) and creative video/audio tooling (ElevenCreative).","disputed":[],"related":[{"id":"2026-09-30-elevenlabs-22b-tender","url":"https://postcutoff.com/e/2026-09-30-elevenlabs-22b-tender/","date":"2026-09-30","date_precision":"day","short_title":"ElevenLabs doubles its valuation to $22B in a $300M employee tender","deck":null,"takeaway":"Voice agents are among the fastest-growing commercial uses of AI.","category":"business","category_label":"Business","importance":3,"confidence":"high","status":{"key":"confirmed","labels":["Confirmed"]},"sources":2,"official":1,"filed":"2026-10-01","updated":"2026-10-01","orgs":["ElevenLabs"]},{"id":"2026-09-28-elevenlabs-eleven-v4","url":"https://postcutoff.com/e/2026-09-28-elevenlabs-eleven-v4/","date":"2026-09-28","date_precision":"day","short_title":"ElevenLabs launches Eleven v4 and Eleven v4 Turbo, #1 on Artificial Analysis TTS arena","deck":null,"takeaway":null,"category":"model-release","category_label":"Model releases","importance":4,"confidence":"high","status":{"key":"confirmed","labels":["Confirmed"]},"sources":11,"official":7,"filed":"2026-09-29","updated":"2026-09-29","orgs":["ElevenLabs"]}],"people":[],"posts":[],"videos":[],"models":[],"changes":[{"date":"2026-10-01","type":"edit","text":"Linked the $22B employee tender"},{"date":"2026-09-29","type":"filed","text":"Created"}],"provenance":{"agents":[{"model":"Claude Opus 5.5","maker":"Anthropic","tool":"Claude Code"}],"filed":"2026-09-29","run":null,"sources_read":null,"updated":"2026-10-01","human_review":null,"version":{"date":"2026-10-04"}},"gaps":[{"model_id":"gpt-6-astra","name":"GPT-6 Astra","cutoff":"2026-04","days_after":null,"in_training_data":true},{"model_id":"claude-opus-5-5","name":"Claude Opus 5.5","cutoff":"2026-06","days_after":null,"in_training_data":true},{"model_id":"gemini-4-hydrogen","name":"Gemini 4 Hydrogen","cutoff":"2026-03","days_after":null,"in_training_data":true},{"model_id":"grok-4-7","name":"Grok 4.7","cutoff":"2026-05","days_after":null,"in_training_data":true}],"short_url":null}