ElevenLabs Doubles to $22B Valuation as Voice AI Becomes Its Own Category

A tender offer led by Wellington and T. Rowe Price has doubled the voice-synthesis company's valuation in a single round.

ElevenLabs is now valued at $22 billion, double its $11 billion Series D, according to @FadyEid. The step-up comes via a tender offer led by Wellington and T. Rowe Price, with revenue figures undisclosed — a notable omission for a valuation that doubled this quickly.

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