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
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ElevenLabs Valuation Reaches $22 Billion

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.