AI voice startup ElevenLabs has doubled its valuation to $22 billion following a $300 million employee tender offer. This secondary transaction allowed employees to cash out vested equity, with the new valuation marking a significant increase from its $11 billion valuation in February. The deal was co-led by institutional investors Wellington and T. Rowe Price, and ElevenLabs is now recognized as one of Europe's most valuable startups. AI
IMPACT Confirms strong investor confidence in AI voice technology and its potential for future growth and profitability.
RANK_REASON Significant funding event for a prominent AI company, doubling its valuation.
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