Industry Oct 4, 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
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ElevenLabs valuation doubles to $22B

AI company ElevenLabs has completed an employee tender offer valued at $300 million, achieving a $22 billion valuation. This new valuation is four times that of its AI music competitor, Suno. Originally reported by Music Business Worldwide.