# TechCrunch — AI voice startup ElevenLabs doubles valuation to $22B

- Company: TechCrunch (techcrunch.com)
- Announced: 2026-09-30T18:23:57+00:00
- Category: funding-company-news
- Coverage: not counted
- Announcement: yes
- Group: announcements
- Source: https://techcrunch.com/2026/09/30/ai-voice-startup-elevenlabs-doubles-valuation-to-22b/
- Record: https://forck.live/items/15454-ai-voice-startup-elevenlabs-doubles-valuation-to-22b
- Subject: Reporting

ElevenLabs announced a $300 million tender offer that values the voice AI startup at $22 billion, doubling its February valuation of $11 billion. The transaction, co-led by Wellington and T. Rowe Price, lets employees sell a portion of their vested equity. The company previously held a $100 million tender at a $6.6 billion valuation in September 2025.

## Evidence

Verbatim from https://techcrunch.com/2026/09/30/ai-voice-startup-elevenlabs-doubles-valuation-to-22b/:

> Voice AI startup ElevenLabs announced today that it’s allowing employees to cash out a portion of their vested equity at a $22 billion valuation, doubling the $11 billion valuation the company hit when it raised $500 million in February.

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Record: https://forck.live/items/15454-ai-voice-startup-elevenlabs-doubles-valuation-to-22b
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