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Voice AI startup ElevenLabs doubles valuation to $22B in employee tender offer
ElevenLabs announced a $300 million tender offer that values the voice AI startup at $22 billion, doubling its February valuation of $11 billion.
The transaction, co-led by Wellington and T.
Rowe Price, lets employees sell a portion of their vested equity.
The company previously held a $100 million tender at a $6.6 billion valuation in September 2025.
From the source
Voice AI startup ElevenLabs announced today that it’s allowing employees to cash out a portion of their vested equity at a $22 billion valuation, doubling the $11 billion valuation the company hit when it raised $500 million in February.
techcrunch.com