{
  "id": 10982949,
  "title": "ElevenLab’s valuation doubles to $22BN, as completes $300M employee tender offer",
  "url": "https://urgent.news/2026/09/30/elevenlabs-valuation-doubles-to-22bn-as-completes-300m-employee",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T16:28:39.000Z",
  "source": {
    "name": "Tech.eu",
    "slug": "tech-eu",
    "url": "https://tech.eu/2026/09/30/elelvenlabs-doubles-valuation-to-22bn-with-300m-employee-tender-offer/"
  },
  "original_language": "en",
  "account": "ElevenLabs, the UK AI-audio generator, has seen its valuation double to $22 billion in less than a year, with the company completing a $300 million employee tender offer. ElevenLabs CEO Mati Staniszewski announced the completion of the tender offer on X, alongside a progress report on the company. The AI platform converts text into human-like speech, leading to its rise in popularity among enterprises and governments. ElevenLabs reported two new text-to-speech models and an AI platform that allow for expressive voice agents. The $22 billion valuation is double the $11 billion valuation from February, when the company raised $500 million in a primary Series D funding round. Notable investors in the tender offer included Wellington, T Rowe Price, EQT, Goldman Sachs, GIC, OTPP, Sapphire Ventures, and BDT & MSD, along with existing investors such as Andreessen Horowitz, Lightspeed, Iconiq, D.E. Shaw, Evantic, Disruptive, and Alkeon. Staniszewski emphasized the importance of AI interacting with people in a human-like manner, as it could help ensure the widespread adoption of AI in the economy and allow everyone to benefit from it, regardless of their technical skill.",
  "summary": "Thevaluation of UK hyped AI-audio generator ElevenLabs has doubled to $22bn in less than a year, it said today, as itcompleted a $300m employee tender offer.ElevenLabsCEO Mati Stanizewski announced th...",
  "key_points": [
    "ElevenLabs' valuation doubles to $22 billion",
    "Company completes $300M employee tender offer",
    "AI platform generates human-like speech"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}