Industry Oct 3, 2026
ElevenLabs Achieves $22 Billion Valuation After Funding Round
In short
ElevenLabs completed a USD $300 million employee tender offer at a valuation of $22 billion.
Originally published by
Music Business Worldwide
AI company ElevenLabs has announced the completion of an employee tender offer totaling $300 million, resulting in a company valuation of $22 billion. This valuation is reportedly four times that of its AI music competitor, Suno. Originally reported by Music Business Worldwide.