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ElevenLabs Hits $500 Million in Annualized Revenue, Adds Nvidia as an Investor

$500M ARR. ElevenLabs just crossed a milestone that puts it in the same league as enterprise AI giants—and Nvidia just bet on it.

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Capital and the next generation of AI ventures.AI illustration by KeyNews
The KeyNews take

Why it matters

ElevenLabs' 43% ARR growth and Nvidia's backing signal that AI voice agents are moving from experimental to mission-critical enterprise infrastructure—a key bet on where compute-heavy AI value is being captured.

The key facts

5 to know
  1. $500M annualized recurring revenue (up from $350M end of 2025)

  2. 43% year-over-year ARR growth

  3. Growth driver: voice agents for business use cases

  4. New investors include Nvidia's venture arm and BlackRock

  5. Published May 5, 2026

Go to the source

The Informationtheinformation.com

Publisher excerpt: AI voice startup ElevenLabs said Tuesday it had surpassed $500 million in annualized recurring revenue, up from $350 million at the end of last year, due to growth in sales of its voice agents to businesses. The company also added new investors including Nvidia’s venture arm, BlackRock, ...
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