The Economic Times

ElevenLabs' valuation doubles to $22 billion on surging AI voice-agent demand

ElevenLabs has successfully finalised a notable employee tender offer, achieving a staggering valuation of $22 billion this week. This impressive growth reflects a significant bump from its prior funding round back in February. Noteworthy investors such as Wellington, T. Rowe Price, and Andreessen Horowitz participated. The firms voice technology facilitates over 15 million conversations weekly across diverse applications.