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ElevenLabs explores employee stock sale at $22 billion valuation, Bloomberg News reports - Finance news and analysis from Global Banking & Finance Review
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ElevenLabs explores employee stock sale at $22 billion valuation, Bloomberg News reports

Published by Global Banking & Finance Review

Posted on July 2, 2026

1 min read

· Last updated: July 2, 2026

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ElevenLabs Considers Employee Stock Sale at $22 Billion Valuation by September

ElevenLabs Employee Stock Sale and Company Overview

Secondary Share Sale Exploration

July 2 (Reuters) - AI voice generation firm ElevenLabs is exploring a secondary share sale that would allow employees to sell stock, Bloomberg News reported on Thursday, citing people familiar with the matter.

Valuation and Timeline

The proposed transaction could value the company at about $22 billion and is expected to occur by September, the report added.

Industry Context

Competition for Talent

AI startups engaged in fierce competition for talent have been increasingly letting employees sell stock as they race to retain and attract top researchers and engineers.

About ElevenLabs

Founders and Mission

Founded by Piotr Dabkowski and CEO Mati Staniszewski in 2022, London-based ElevenLabs builds AI tools, including a platform that turns text into realistic speech.

Recent Funding

The company raised $500 million in a series D round in February that valued the company at $11 billion.

Company Response

ElevenLabs did not immediately respond to a request for comment.

(Reporting by Pragyan Kalita in Bengaluru; Editing by Maju Samuel)

Key Takeaways

  • ElevenLabs is exploring a secondary stock sale for employees that could fetch a valuation near $22 billion by September, signaling strong investor interest and internal liquidity options. (ca.investing.com)
  • The proposed $22 billion valuation marks a significant jump from the $11 billion post‑money valuation realized in its $500 million Series D raise in February 2026. (techcrunch.com)
  • Secondary share sales are increasingly common in AI startups to help retain talent and offer early liquidity, aligning with broader industry trends. (bloomberg.com)

References

Frequently Asked Questions

What is the latest valuation of ElevenLabs?
ElevenLabs is reportedly exploring a secondary share sale that could value the company at about $22 billion.
What does the secondary share sale at ElevenLabs involve?
The secondary share sale would allow employees to sell their existing stock as the company seeks to retain and attract top talent.
When is ElevenLabs expected to execute the stock sale?
The proposed secondary stock sale is expected to occur by September, according to reports.
Who founded ElevenLabs and where is it based?
ElevenLabs was founded by Piotr Dabkowski and CEO Mati Staniszewski, and is based in London.
How much did ElevenLabs raise in its last funding round?
In February, ElevenLabs raised $500 million in a Series D funding round, valuing the company at $11 billion at that time.

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