Industry Oct 4, 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
ElevenLabs has announced a valuation of $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.