ElevenLabs Valuation Doubles to $22B, Employees Sell $300M in Shares

AI voice startup ElevenLabs hit a $22 billion valuation, doubling the $11 billion mark set after its $500 million round in February. The company launched a $300 million tender offer co-led by Wellington and T. Rowe Price, letting employees sell vested shares. Its technology now powers over 15 million conversations a week, three times the February level.

• Valuation doubled from $11B in February to $22B
• $300M tender offer co-led by Wellington and T. Rowe Price
• 15 million conversations a week, 3x the February figure
• Voice agents support 90+ languages spoken by 5.5B people