ElevenLabs Valuation Doubles to $22 Billion

ElevenLabs completed a $300 million employee tender offer that doubled its valuation to $22 billion. The startup experiences surging demand for its AI voice agents across global enterprises.

Insights:
The Co-Founder and CEO of ElevenLabs, Mati Staniszewski, attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. REUTERS/Denis Balibouse

ElevenLabs completed a $300 million employee tender offer on Wednesday, doubling its valuation to $22 billion. The valuation matches the pace of the startup's February funding round amid surging enterprise demand for AI voice agents. The secondary transaction provides internal liquidity without raising fresh equity, underlining private market appetite for generative voice developers based in the United Kingdom.

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