ElevenLabs valuation doubles in a year as employee tender completes
ElevenLabs doubled its valuation to $22bn via an employee tender; existing holders sold stock and the company raised no new primary money.
ElevenLabs has completed a $300m employee tender offer at a doubled $22bn valuation.
CEO Mati Staniszewski announced the closing on X on September 30; per Tech.eu, Wellington and T Rowe Price led the offer, with EQT, Goldman Sachs and GIC investing for the first time. In February the company raised $500m in a Series D at an $11bn valuation.
A tender offer is existing holders selling shares to new investors, not new money into the company. Note: Tech.eu's text gives the amount as $300m in one line and £300m in another; the company's own post is the reference.
Sources:https://tech.eu/2026/09/30/elelvenlabs-doubles-valuation-to-22bn-with-300m-employee-tender-offer