AI voice startup ElevenLabs doubles valuation to $22B
techcrunch.comMarina Temkin
ElevenLabs, an AI voice generation startup, reached a $22 billion valuation through a $300 million employee tender offer co-led by Wellington and T. Rowe Price. The funding round doubles the company's previous valuation.
Why it mattersThis valuation milestone signals strong investor confidence in voice AI technology and shows the market's willingness to fund specialized AI companies at scale, directly relevant for those tracking AI startup trajectories and funding trends.
From the source: The $300 million employee tender was co-led by Wellington and T. Rowe Price.Read at techcrunch.com