VENDOR · GLOBAL
ElevenLabs doubles valuation to $22 billion in tender offer round
ElevenLabs, a text-to-speech AI vendor used in voice automation and customer service, doubled its valuation to $22bn through a secondary tender offer. No new capital raised; existing shareholders revaluing equity.
WHY IT MATTERS
Voice-AI infrastructure valued at multi-billion scale signals sustained BFSI demand for synthetic voice in IVR, chatbot, and accessibility workflows; tender prices inform VC pricing for similar gen-AI vendors.
Source: Sifted · 2026-09-30