Industry Oct 3, 2026

ElevenLabs Valuation Doubles to $22B

In short

ElevenLabs completed a USD $300 million employee tender offer at a valuation of $22 billion.

Originally published by Music Business Worldwide

ElevenLabs has completed an employee tender offer valued at $300 million, achieving a company valuation of $22 billion.

This valuation is four times that of its AI music rival, Suno. Originally reported by Music Business Worldwide.