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
AI company ElevenLabs has announced its valuation has doubled to $22 billion following a $300 million employee tender offer. This new valuation is four times that of its AI music competitor, Suno. Originally reported by Music Business Worldwide.