ElevenLabs Voice AI Platform Reaches $22 Billion Valuation After Five-Month Surge

ElevenLabs, the AI voice synthesis company founded in 2022, has doubled its valuation to $22 billion through a secondary share sale, less than five months after its Series D funding round valued the company at $11 billion. The transaction, which closed in September 2026, allows existing investors and employees to sell shares without the company raising new primary capital, reflecting accelerating demand for voice AI infrastructure across enterprise, entertainment, and developer markets.