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ElevenLabs Funding Rounds & Valuation History (2023–2026)

Private Valuation & Funding Round Tracker · ElevenLabs

ElevenLabs funding rounds & valuation history

ElevenLabs, the AI voice company founded in 2022, from its 2023 Series A to its 2026 Series D and the two employee tenders, sourced to ElevenLabs’ own announcements and TechCrunch.

Last updated: (IST). Every figure re-checked against the linked sources that day. Rows: 6 Currency: US$, nominal
Last closed round Closed
$11B
$500M Series D, 4 Feb 2026 (ElevenLabs)
Latest signal Tender
$22B
$300M employee tender, Sep 2026; not a primary round
Up-step, Series D
3.33×
$11B vs $3.3B (GNF calc.)
Raised in rows
$779M
Series A to D (GNF calc.); ElevenLabs states $781M across five rounds

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Showing 6 of 6 rows
ElevenLabs funding rounds and tenders, June 2023 to September 2026
DateStatusRoundAmountLead / buyerValuationVal. ÷ run-rateSource
Tender
Employee tender offerElevenLabs says the tender is double its Series D valuation. Tender, not a primary round, so it is not the last-closed valuation.
$300MShares sold by employees; no new money to the company
Wellington, T. Rowe PriceAlso: BDT & MSD, EQT, GIC, Goldman Sachs, OTPP, Sapphire Ventures (new); Alkeon, Andreessen Horowitz and others
$22BStated by ElevenLabs (“values ElevenLabs at $22 billion”)
—Not disclosedTender price, not a new round; no multiple
Closed round
Series DElevenLabs says total funding is $781M across five rounds since 2022. More investors were to be disclosed later in February 2026.
$500M
Sequoia CapitalAlso: a16z, ICONIQ, Lightspeed, Evantic Capital, BOND, BroadLight, NFDG, Valor, AMP Coalition, Smash Capital
$11BStated by ElevenLabs; pre- or post-money not stated3.33× vs prior closed
—Not disclosedNo multiple: ElevenLabs did not say pre- or post-money. TechCrunch reports it closed 2025 at $330M ARR
Tender
Employee tender offerLaunched (announced) 8 Sep 2025; ElevenLabs said it had passed $200M ARR earlier in 2025. Tender, not a primary round.
$100M
Sequoia, ICONIQAlso: a16z, Smash Capital, World Innovation Lab and other insiders
$6.6BStated by ElevenLabs (“at a valuation of $6.6 billion”)
—Not disclosedTender price, not a new round; no multiple
Closed round
Series CCo-led. ElevenLabs says this tripled its valuation from a year earlier; step-up not computed because the Series B figure is only “over $1 billion”. Total funding $281M across four rounds.
$180M
a16z, ICONIQ GrowthAlso: NEA, WiL, Valor, Endeavor Catalyst, Lunate (new); Deutsche Telekom, LG, HubSpot, NTT DOCOMO, RingCentral (strategic)
$3.3BStated by ElevenLabs; basis not stated
—Not disclosedNo run-rate stated in the announcement
Closed round
Series BCo-led. Total raised $101M (TechCrunch). Lower bound only, so no step-up.
$80M
Andreessen Horowitz, Nat Friedman, Daniel GrossAlso: Sequoia, Smash Capital, SV Angel, BroadLight, Credo Ventures
Over $1BTechCrunch: “values the company at over $1 billion”; ElevenLabs did not state a figure
—Not disclosedNo run-rate stated in the announcement
Closed round
Series ACo-led.
$19M
Andreessen Horowitz, Nat Friedman, Daniel Gross
$99MPost-money, per “a source familiar with the matter” (TechCrunch); not confirmed by ElevenLabs
—Not disclosedNo run-rate stated in the announcement
Step-up = valuation ÷ the prior closed valuation (GNF calc.). Tenders are not closed rounds and carry no step-up.

Valuation at each closed round

Closed primary rounds only. The Series B bar is a lower bound (“over $1 billion”). The $6.6B (Sep 2025) and $22B (Sep 2026) employee tenders are not plotted.

Sources: ElevenLabs; TechCrunch. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

  1. 20 Jun 2023 · Closed

    Series A: $19M at a reported $99M post-money.

  2. 22 Jan 2024 · Closed

    Series B: $80M, valued at over $1B.

  3. 30 Jan 2025 · Closed

    Series C: $180M at $3.3B.

  4. 8 Sep 2025 · Tender

    $100M employee tender at $6.6B.

  5. 4 Feb 2026 · Closed

    Series D: $500M at $11B, led by Sequoia.

  6. 30 Sep 2026 · Tender

    $300M employee tender at $22B.

Still private: ElevenLabs has not filed for an IPO and is not owned by a listed company. Its Series D post says it is building “toward IPO and beyond”; that is an aim, not a filing.

Cite this dataset

Free to quote with a link back. Copy this citation:

ElevenLabs Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/elevenlabs/

Download the data

The same 6 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File
elevenlabs-rounds.csv (UTF-8, comma-separated)
Stable URL
https://growthnavigatefunding.net/wp-content/uploads/2026/11/elevenlabs-rounds.csv
Columns
id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated
(IST)
⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Tender

A sale of existing shares (employee tender, secondary or buyback). It brings no new primary capital, so it is Status, not the last-closed valuation; no step-up or multiple.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

The 2022–23 pre-seed (ElevenLabs says its first round valued it at $9 million; the amount is not in the sources used), investors disclosed after the Series D, and ARR updates outside round announcements.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

  • : Dataset first compiled (batch 2, not yet published).

Sources

  1. ElevenLabs: ElevenLabs valuation increases to $22 billion…, 30 Sep 2026
  2. TechCrunch: AI voice startup ElevenLabs doubles valuation to $22B, 30 Sep 2026
  3. ElevenLabs: ElevenLabs raises $500M Series D at $11B valuation, 4 Feb 2026
  4. TechCrunch: ElevenLabs raises $500M from Sequoia at an $11 billion valuation, 4 Feb 2026
  5. ElevenLabs: Announcing an Employee Tender Offer at $6.6B valuation, 8 Sep 2025
  6. ElevenLabs: ElevenLabs raises $180M Series C…, 30 Jan 2025
  7. ElevenLabs: ElevenLabs Releases New AI Products and Raises $80M Series B, 22 Jan 2024
  8. TechCrunch: Voice cloning startup ElevenLabs lands $80M, achieves unicorn status, 22 Jan 2024
  9. TechCrunch: Voice-generating platform ElevenLabs raises $19M, launches detection tool, 20 Jun 2023