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The Economic Times
The Economic Times

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

ElevenLabs Wellington

ElevenLabs said on Wednesday it had completed a $300 million employee tender offer valuing the AI voice generation startup at $22 billion, twice the valuation it secured in its February funding round.

The tender was led by Wellington and T. Rowe Price, with participation from existing backers such as Andreessen Horowitz and Lightspeed, and new investors including EQT and Goldman Sachs.

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