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ElevenLabs says a $300 million tender values it at $22 billion as agent use triples

ElevenLabs said on 30 September a $300 million employee tender values it at $22 billion, and its agents handle over 15 million chats a week.

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On 30 September 2026 ElevenLabs said it recently closed a $300 million employee tender offer that values the company at $22 billion, double its valuation at its Series D in February. The round was led by Wellington and T. Rowe Price, which the post calls long-term institutional backers. The same post says enterprise is now 55% of revenue, its voice agents handle more than 15 million conversations every week, up 3x since February, and ElevenAgents' ARR is up more than 3x over the same period. No revenue total is given. We file this because it is a company-confirmed valuation with hard figures tied to AI agent use. How we read it: institutional backers bought employee shares at a $22 billion valuation in a voice-AI firm whose agent business is growing fast, but a tender is a purchase of existing shares, so it does not show new money for the company. What would change this: a slowdown in conversation volumes. Why it matters to you: it shows companies paying for AI voice agents in customer service.

What this doesn't prove

Company blog. A tender offer is a purchase of existing employee shares. The post does not say how much new money the company received. The 3x and 15 million figures are the company's own and no base revenue is given. The post says the $22 billion is double the valuation at the February Series D.

Next fixture

  • Revenue or ARR disclosure
  • Agent conversation volumes

Sources

Every figure above comes from these sources. Every briefing is checked against its sources before it publishes. Nothing here is a recommendation to buy or sell anything, and this is not investment advice. See the disclosures.

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