AI voice startup ElevenLabs doubles valuation to $22B

ElevenLabs, an AI voice startup founded in 2022, announced a $300 million tender offer that allows employees to sell vested shares at a $22 billion valuation. This doubles the $11 billion valuation from its $500 million funding round in February and follows a previous $100 million tender at a $6.6 billion valuation in September 2025. The transaction was co-led by Wellington and T. Rowe Price. The company, known for ultra-realistic voice generation, uses employee liquidity as a retention tool, a growing trend among fast-growing AI startups. With this valuation, ElevenLabs becomes one of Europe's most valuable startups.

(Source：TechCrunch)