Jamie Foxx is investing in AI.

He has added ElevenLabs to his portfolio. ElevenLabs is a free AI voice generator and voice agents platform, as described on its website, on a mission “that redefines how businesses communicate with their audiences,” according to a blog post.

Its mission, it says, will be aided by its investors, who are experts within their fields. Foxx joins a group that participated in the third close of ElevenLabs’ Series D funding round, following its crossing of $500 million in annual recurring revenue in 2026, per the blog.

The funding will support research and the scaling of its platform both domestically and abroad. Planned updates include combining image and video generation with audio tools to support creatives and marketing teams, the source notes. Additionally, the company says it is developing agents that can better serve customers and employees across voice, chat, email, and other channels.

New investors also include BlackRock, Wellington, NVIDIA (via NVentures), and Santander. ElevenLabs states that its investors share its “conviction that conversational agents will become the primary way businesses interact with customers at scale” and claims it is a leader in that transition, per the blog.

“Every major enterprise will communicate with its customers and audiences through AI agents,” said Rob Mazzoni, technology sector lead for late-stage growth at Wellington Management, in the post. “The companies that power natural, human-like interactions at scale will become critical global infrastructure. ElevenLabs has built the technical leadership and commercial traction to define the category, and the company’s growth trajectory reflects the scale of the opportunity ahead.”

ElevenLabs investors also include a new group of more than 30 actors, musicians, athletes, and entertainment executives. Foxx joins Eva Longoria and “Squid Game” creator Hwang Dong-hyuk, who are now investors in ElevenLabs alongside existing investor Matthew McConaughey.

“AI is transforming how stories are told and who they can reach,” Longoria said in the blog post. “ElevenLabs is at the forefront of this technology, and I’m excited to invest in a company that builds with creatives in mind.

ElevenLabs noted, “As AI reshapes how content is made and distributed, the ability to control and extend your voice – into new languages and fan experiences – will open up important new revenue streams for creatives.”