ElevenLabs Reportedly Weighing Employee Share Sale at a $22 Billion Valuation

According to a Bloomberg report, ElevenLabs is in early talks with investors over a tender offer that would let employees and existing shareholders sell their shares, which — if it goes through — would value the company at $22 billion. That would be double the $11 billion valuation from its Series D round, which closed in February 2026, in just five months.

Details

• Expected valuation: Around $22 billion, double the $11 billion valuation from February’s Series D
• Deal structure: Being explored as a secondary (tender offer) transaction that lets existing shareholders and employees sell shares, rather than a primary round that raises new capital for the company
• Expected timing: Talks are still at an early stage, but if it proceeds, completion is expected by around September
• Business backdrop: Annual recurring revenue (ARR) surpassed $500 million as of April, and the company is reported to have 41% of Fortune 500 companies using its platform
• Notable customers: Cited adopters include Deutsche Telekom, Boston Consulting Group, and The Washington Post

How to try it

This is a report about fundraising and a share sale, not a new feature for general users. ElevenLabs’ speech synthesis, dubbing, and conversational AI features remain available as usual at elevenlabs.io.