ElevenLabs has doubled its valuation to $22 billion through a $300 million employee tender offer co-led by Wellington and T. Rowe Price. The AI voice startup, founded in 2022, allows employees to cash out vested equity, continuing a trend of using liquidity as a retention tool amid fierce AI talent competition.
Background
ElevenLabs is a UK-based AI voice synthesis company known for generating ultra-realistic human voices, having previously raised $500M at an $11B valuation in February 2026.
- Source
- TechCrunch
- Published
- Oct 1, 2026 at 02:23 AM
- Score
- 6.0 / 10