ElevenLabs doubles valuation to $22B amid employee liquidity trend
ai voice startup elevenlabs doubles valuation to $22b, allowing employees to cash out vested equity, as part of a growing trend among fast-growing ai startups to retain staff.
elevenlabs, a four-year-old ai voice startup, has doubled its valuation to $22b, up from $11b in february. the company is allowing employees to cash out a portion of their vested equity through a $300 million tender offer, co-led by wellington and t. rowe price. this is the second time elevenlabs has authorized a secondary transaction for employees, following a $100 million tender at a $6.6 billion valuation in september 2025. the company's growing valuation and employee liquidity options reflect a trend among fast-growing ai startups to retain staff.