2026-09-30
ElevenLabs doubles valuation to $22 billion in employee share sale
ElevenLabs said on September 30, 2026 that its valuation has doubled to $22 billion as it completed a $300M employee tender offer led by Wellington and T. Rowe Price.
Why it matters
A tender offer lets existing holders sell shares; it is not new money for the company.
Source. lufkindailynews.com