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
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ElevenLabs Valuation Doubles to $22B

AI voice technology company ElevenLabs has achieved a significant valuation increase, reportedly reaching $22 billion following a USD $300 million employee tender offer. This valuation is four times that of its AI music competitor, Suno. Originally reported by Music Business Worldwide.