ElevenLabs Hits $22 Billion Valuation via $300 Million Tender Offer

30 Sept 2026, 11:57 pm · 1d ago · 1 min read · OfficeChai

Amount

$300M

Stage

Tender Offer

AI voice cloning startup ElevenLabs has completed a $300 million employee tender offer, boosting its overall valuation to $22 billion. The secondary share sale allows long-standing employees to liquidate their equity while the company maintains strong momentum in generative audio and speech synthesis. This transaction effectively doubles the valuation ElevenLabs commanded just seven months ago, underscoring intense investor appetite for specialized artificial intelligence tools. The platform provides automated voice-overs, dubbing, and conversational agents used across media, gaming, and enterprise workflows. The firm plans to use its increased capital and valuation benchmark to attract global technical talent.