AI voice firm ElevenLabs valued at $22bn after share sale

Summarised from 2 outlets · Updated 30 Sept, 21:42 · Archive

London-based AI voice firm ElevenLabs has reached a $22bn valuation following a $300m employee share sale.

ElevenLabs, a London-based AI voice company, has doubled its valuation to $22bn following a $300m employee share sale co-led by Wellington and T. Rowe Price. The valuation has doubled since February's Series D funding round, when the firm was valued at $11bn.

How it is being reported

• AI voice startup ElevenLabs doubles valuation to $22BThe $300 million employee tender was co-led by Wellington and T. Rowe Price.TechCrunch · 30 Sept, 19:23
• AI voice firm Elevenlabs hits $22bn valuation in fresh boost for UK techLondon-based ElevenLabs has hit a $22bn (£16bn) valuation after completing a $300m employee share sale, marking another sharp jump in value for one of Britain’s fastest-growing AI firms. The voice AI group’s valuation has doubled since its $11bn Series D in February, when it raised $500m, and is now more than 2,000 times the $9m [...]City AM · 30 Sept, 18:19

In this story: ElevenLabs · Wellington · T. Rowe Price · London

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