ElevenLabs explores employee stock sale at $22 billion valuation, Bloomberg News reports
FILE PHOTO: The Co-Founder and CEO of ElevenLabs, Mati Staniszewski, attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. REUTERS/Denis Balibouse/File Photo
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July 2 : 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.
The proposed transaction could value the company at about $22 billion and is expected to occur by September, the report added.
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.
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.
Guess Word
Crack the word, one row at a time
Buzzword
Create words using the given letters
Mini Sudoku
Tiny puzzle, mighty brain teaser
Mini Crossword
Small grid, big challenge
Word Search
Spot as many words as you can
The company raised $500 million in a series D round in February that valued the company at $11 billion.
ElevenLabs did not immediately respond to a request for comment.
Source: Reuters
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