ElevenLabs valuation doubles to $22 billion on AI voice demand
AI voice generation startup ElevenLabs completed a $300 million employee tender offer, valuing the company at $22 billion. This is double its valuation from its February funding round.
ElevenLabs said on Wednesday it completed a $300 million employee tender offer that valued the AI voice-generation startup at $22 billion, double the valuation it secured in its February funding round. The tender was led by Wellington and T. Rowe Price, with participation from existing backers.