# ElevenLabs announces employee share sale at $22 billion valuation

_Published Wednesday, September 30, 2026 at 3:11 PM EDT · Capital, AI · Latest · Tier 2 — Notable_

![ElevenLabs announces employee share sale at $22 billion valuation — Primary](https://techcrunch.com/wp-content/uploads/2025/01/ElevenLabs-feat.jpg?resize=1200,669)

ElevenLabs announced that employees can cash out a portion of their vested equity at a $22 billion valuation, twice the $11 billion valuation attached to its $500 million February fundraising. TechCrunch reports that the recent $300 million tender offer was co-led by Wellington and T. Rowe Price.

The transaction lets employees sell existing shares to investors. It is ElevenLabs' second authorized employee secondary transaction, following a $100 million tender at a $6.6 billion valuation in September 2025. The company generates human voices and sound effects using AI.

## Sources

- [Startups | TechCrunch](https://techcrunch.com/2026/09/30/ai-voice-startup-elevenlabs-doubles-valuation-to-22b/)

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Canonical: https://techandbusiness.org/newswire/pYxeyqScKT13PT-D1wprJa
Published: 2026-09-30T19:11:37.646Z
Story chronology: 2026-09-30T18:23:57.000Z
Retrieved: 2026-09-30T21:23:24.198Z
Publisher: Tech & Business (techandbusiness.org)