AI voice startup ElevenLabs doubles valuation to $22B

AI voice start-up ElevenLabs announced that employees could sell some vested shares at a $22 billion valuation, twice the $11 billion valuation of its February funding round. The $300 million tender offer is co-led by Wellington and T. Rowe Price. It is the company's second employee secondary transaction, following a $100 million tender offer at a $6.6 billion valuation in September 2025.