ElevenLabs AI Updates: October 1, 2026

1. ElevenLabs Closes a $300M Employee Tender Offer at a $22B Valuation

ElevenLabs. ElevenLabs announced it closed a $300 million employee tender offer led by Wellington and T. Rowe Price that values the company at $22 billion, double the $11 billion valuation set in its February 2026 raise. It is the company’s second employee liquidity event, following a $100 million tender at a $6.6 billion valuation in September 2025. The tender lets employees sell vested shares to institutional investors and follows the Eleven v4 and v4 Turbo model launch earlier in the week. Source