# ElevenLabs hits $500M ARR, adds BlackRock and NVIDIA as investors

By Steven Van · 2026-05-06

Retail investors can now buy in via Robinhood Ventures as the company closes a second $100M tender offer.

ElevenLabs has crossed **$500 million** in annual recurring revenue in the first four months of 2026, up from $350 million at the end of 2025. The growth is driven by enterprises deploying voice agents for customer support, sales, hiring and marketing.

Alongside the milestone, [ElevenLabs](<https://creatorstoolbox.com/tools/elevenlabs>) [announced](<https://elevenlabs.io/blog/500m-arr-and-new-investors>) the third close of its Series D, bringing in new investors including BlackRock, Wellington, D.E. Shaw and Schroders, enterprises such as NVIDIA (via NVentures), Salesforce, Santander, KPN and Deutsche Telekom, and more than 30 actors, musicians, athletes and entertainment executives, including Jamie Foxx, Eva Longoria and Hwang Dong-hyuk. Retail investors can now also invest through Robinhood Ventures. The company has separately closed a $100 million tender offer, its second in under a year, and now has 530 employees across more than 50 countries.

[![](<https://eleven-public-cdn.elevenlabs.io/payloadcms/Blog%201920x1920.webp>)](<https://elevenlabs.io/blog/500m-arr-and-new-investors>)

![ElevenLabs](<https://elevenlabs.io/android-chrome-512x512.png>)

ElevenLabs

AI audio platform for text to speech, voice cloning, and video dubbing across dozens of languages while preserving the original tone and emotion.

[View ElevenLabs →](<https://creatorstoolbox.com/tools/elevenlabs>)

Sources

[Original source](<https://elevenlabs.io/blog/500m-arr-and-new-investors>)

[Read ElevenLabs hits $500M ARR, adds BlackRock and NVIDIA as investors on Creators Toolbox](<https://creatorstoolbox.com/blog/elevenlabs-500m-arr-new-investors>)

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Canonical source: https://creatorstoolbox.com/blog/elevenlabs-500m-arr-new-investors
