ElevenLabs on October 8 unveils $300M employee secondary at $22B valuation, doubling from previous round
ElevenLabs disclosed a $300M employee secondary tender offer on October 8, with the valuation doubling from about $11B to $22B. Its AI voice agents handle over 15 million conversations per week across more than 90 languages.
ElevenLabs disclosed a $300M employee secondary tender offer on October 8, with valuation doubling from about $11B to $22B versus the prior round roughly nine months earlier. The transaction provides liquidity to employees and early shareholders without introducing new outside investors. ElevenLabs separately disclosed its AI voice agents handle more than 15 million conversations per week across more than 90 languages, with revenue spanning subscriptions, API usage, and enterprise voice agent deployments. The tender offer fits the second-half 2026 pattern of AI valuation re-inflation seen with OpenAI's 28-day release cadence and Anthropic's planned IPO, providing internal shareholders liquidity while the public-market window remains closed and pricing models become a pricing constraint. ElevenLabs is one of Europe's flagship voice AI companies and already partners with broadcasters, publishers, and game studios on voice cloning and compliance tooling across multiple jurisdictions.