ElevenLabs valuation doubles to $22 billion
Understand the story
Voice AI startup ElevenLabs completed a funding round in February 2026 at a valuation of $11 billion. On October 1, 2026, according to TechCrunch, ElevenLabs announced a tender offer of roughly $300 million to buy back employee shares at a $22 billion valuation, allowing employees to sell part of their vested equity. The new valuation is double the $11 billion from the February funding round. The current development is that the buyback plan has been announced; there have been no follow-up reports on its completion.
AI overview of reporting · Updated 17 days ago
Reporting timeline
Explore different aspects of the story through its reporting.
- TechCrunch · AIAI voice startup ElevenLabs doubles valuation to $22B
Voice AI startup ElevenLabs has announced a tender offer of roughly $300 million at a $22 billion valuation, allowing employees to sell some of their vested shares. The valuation is double the $11 billion from its February funding round.