ElevenLabs doubles valuation to $22B in employee tender

AI voice startup ElevenLabs doubled its valuation to $22 billion from $11 billion in February through a $300 million employee tender co-led by Wellington and T. Rowe Price. It is the second such secondary transaction for the four-year-old company, after a $100 million tender at a $6.6 billion valuation in September 2025.

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