Industry Oct 3, 2026
ElevenLabs Valuation Reaches $22 Billion
In short
ElevenLabs completed a USD $300 million employee tender offer at a valuation of $22 billion.
Originally published by
Music Business Worldwide
Artificial intelligence company ElevenLabs has achieved a valuation of $22 billion, a figure four times greater than its AI music competitor Suno. This valuation was established during a recent employee tender offer, which raised $300 million in US dollars. Originally reported by Music Business Worldwide.