Voice AI startup ElevenLabs introduced right this moment that it’s permitting workers to money out a portion of their vested fairness at a $22 billion valuation, doubling the $11 billion valuation the corporate hit when it raised $500 million in February.
The current $300 million tender supply gave workers a possibility to promote their shares to traders. The transaction was co-led by Wellington and T. Rowe Value, massive institutional traders who again personal firms with the intention of retaining the inventory after the corporate goes public.
The providing is a part of a growing trend amongst fast-growing AI startups that use worker liquidity as a retention device to forestall employees from leaving for opponents.
That is the second time the four-year-old ElevenLabs has approved a secondary transaction for workers. The corporate beforehand held a $100 million tender at a $6.6 billion valuation in September 2025.
Based in 2022, the corporate is understood for producing ultra-realistic human voices and sound results. With its new valuation, New York- and London-based ElevenLabs joins the ranks of Europe’s most dear startups.
