AI Startup ElevenLabs Raises $500 Million at $11 Billion Valuation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 04 2026
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Should l Buy CRM?
Source: Newsfilter
- Record Funding: AI startup ElevenLabs announced it raised $500 million at an $11 billion valuation, more than tripling its previous valuation of $3.3 billion from January 2025, indicating strong market confidence in its technology.
- Strong Investor Lineup: The funding round was led by Sequoia Capital, with participation from existing backers Andreessen Horowitz and Iconiq, as well as new investors including Lightspeed Venture Partners, Evantic Capital, and Bond, enhancing the company's capital strength.
- Significant Revenue Growth: ElevenLabs closed 2025 with over $330 million in annual recurring revenue, driven by enterprise adoption from clients like Deutsche Telekom and Revolut, showcasing robust demand for its products in the market.
- International Expansion Plans: ElevenLabs intends to continue its international expansion, having established offices across Europe, Brazil, Mexico, India, South Korea, Japan, and the U.S., aiming to drive future growth through a diversified product line and global market presence.
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Analyst Views on CRM
Wall Street analysts forecast CRM stock price to rise
39 Analyst Rating
29 Buy
9 Hold
1 Sell
Moderate Buy
Current: 181.220
Low
223.00
Averages
326.40
High
405.00
Current: 181.220
Low
223.00
Averages
326.40
High
405.00
About CRM
Salesforce, Inc. is a customer relationship management (CRM) technology company. Its artificial intelligence (AI) powered Agentforce 360 Platform offers sales, service, marketing, commerce, collaboration, data management, integration, analytics, and information technology (IT) service solutions. It enables customers to build and deploy digital labor for employees and customers, leveraging autonomous AI agents across business functions. Its service offerings include Agentforce Sales, Agentforce Service, Agentforce 360 Platform, Slack and Others. The Agentforce Sales provides sales capabilities and tools built for organizations across prospecting, sales engagement, team collaboration, sales analytics and AI, sales programs, sales performance, partner management, and revenue and orders. The Agentforce Service provides field service solutions that enable companies to connect service agents, dispatchers and mobile employees through platform to schedule, dispatch and manage jobs.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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