# ElevenLabs valuation doubles to USD 22 billion as employee secondary share transaction closes

On 2026/9/30, TechCrunch reported that AI voice company ElevenLabs doubled its valuation to USD 22 billion. It completed a USD 300 million employee secondary share tender offer co-led by Wellington and T. Rowe Price, doubling the USD 11 billion valuation from its funding in month 2. Employees can realize part of their equity before the company lists.



Canonical: https://uniquebase.ai/news/088243fa-1488-4a2b-9b89-575708117578
Stable identifier: 088243fa-1488-4a2b-9b89-575708117578
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:23:01.064Z

## Connected profiles

- [ElevenLabs](/companies/elevenlabs)
- [T. Rowe Price](/institutions/t-rowe-price)
- [Wellington](/institutions/wellington)

## Sources

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