Post by Tokenando

ElevenLabs, the London-based AI voice synthesis company, is in early discussions with investors for a secondary share sale that would value the company at approximately $22bn, according to Bloomberg reporting from July 2, 2026. The transaction is expected to complete by September 2026 and would allow employees to sell a portion of their holdings without a primary funding round or an IPO. ElevenLabs declined to comment. The $22bn figure represents a doubling of the $11bn valuation set in February 2026, when the company raised $500m in a Series D led by Sequoia Capital, Andreessen Horowitz, and Iconiq. The pace of appreciation is notable: ElevenLabs reached unicorn status at $1.1bn in early 2024, ran a $100m employee tender offer at $6.6bn in September 2025, raised at $11bn in February 2026, and is now in discussions at $22bn, a 20-fold increase in approximately 2 years. The company reported $500m in annual recurring revenue in May 2026 and counts Deutsche Telekom, Boston Consulting Group, and Revolut among its enterprise clients. The tender offer structure is consistent with a pattern across high-growth AI companies that are providing employee liquidity while deferring a public listing. Co-founder Mati Staniszewski has previously indicated an IPO within 2 to 3 years. ElevenLabs was founded in 2022 by Staniszewski and Piotr Dabkowski. 🤖 made with AI