Home/Events/ElevenLabs Doubles Valuation to $22 Billion with Employee Tender Offer

ElevenLabs Doubles Valuation to $22 Billion with Employee Tender Offer

Confirmed

Confidence

90%

Impact: 70%

Updated 1h ago

Consensus Brief

AI voice startup ElevenLabs has announced a new valuation of $22 billion, doubling its previous valuation of $11 billion from February. The company is allowing employees to cash out a portion of their vested equity through a $300 million tender offer, co-led by Wellington and T. Rowe Price. This marks the second secondary transaction for employees since the company's founding in 2022.

Sourced from

TechCrunchT2

Primary: TechCrunch

What Changed Since Last Update

1h ago

The company's valuation increased from $11 billion to $22 billion following a recent tender offer.

Claim Ledger

4 claims tracked across sources

Confirmed Fact

ElevenLabs has a new valuation of $22 billion.

Confirmed Fact

The company previously had a valuation of $11 billion when it raised $500 million in February.

Confirmed Fact

The recent $300 million tender offer allowed employees to sell shares.

Confirmed Fact

This is the second time ElevenLabs has authorized a secondary transaction for employees.

Role-Based Impact Analysis

Source Timeline

1 source corroborating

AI voice startup ElevenLabs doubles valuation to $22B

TechCrunch·1h ago