Industry Oct 4, 2026
ElevenLabs Valuation Soars to $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 a significant increase in its valuation, reaching $22 billion after completing an employee tender offer worth $300 million. This valuation is reportedly four times that of its AI music competitor, Suno. Originally reported by Music Business Worldwide.