# ElevenLabs Eyes $22B Valuation Through Secondary Share Sale, Six Months After $11B Raise

> ElevenLabs is reportedly exploring a secondary share sale that would value the voice AI company at $22 billion, roughly double the $11 billion it commanded in a November 2025 round, with the sale expected by September 2026. A secondary means existing shareholders selling rather than fresh capital into the business, so this is a read on investor appetite more than a war chest. The growth story underneath is a company outgrowing its original niche. ElevenLabs started as voice generation and is now building a full audio stack, dubbing, music, APIs, and customer-facing voice agents, with an increasing tilt toward enterprise sales, support, and training. The detail that makes it real is a Netflix partnership recreating Gene Wilder's voice for a Willy Wonka reality competition series, the kind of marquee, slightly uncanny use case that shows synthetic voice moving into mainstream production. Doubling a valuation in six months is aggressive, but if the audio stack keeps expanding into enterprise, the market clearly believes voice is a bigger category than it first looked.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: Sifted · Published Tuesday, July 14, 2026_

## Wortins' read

ElevenLabs is reportedly exploring a secondary share sale that would value the voice AI company at $22 billion, roughly double the $11 billion it commanded in a November 2025 round, with the sale expected by September 2026. A secondary means existing shareholders selling rather than fresh capital into the business, so this is a read on investor appetite more than a war chest. The growth story underneath is a company outgrowing its original niche. ElevenLabs started as voice generation and is now building a full audio stack, dubbing, music, APIs, and customer-facing voice agents, with an increasing tilt toward enterprise sales, support, and training. The detail that makes it real is a Netflix partnership recreating Gene Wilder's voice for a Willy Wonka reality competition series, the kind of marquee, slightly uncanny use case that shows synthetic voice moving into mainstream production. Doubling a valuation in six months is aggressive, but if the audio stack keeps expanding into enterprise, the market clearly believes voice is a bigger category than it first looked.

## Source

[Read the full story at Sifted](https://sifted.eu/articles/elevenlabs-targets-22bn-valuation-with-fresh-share-sale-reports-say/)

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