# AI voice startup ElevenLabs doubles valuation to $22B

> **Publication**: aitalky (Independent AI Journalism)
> **Canonical Citation URL**: https://aitalky.vercel.app/news/ai-voice-startup-elevenlabs-doubles-valuation-to-22b
> **Original Source**: [TechCrunch AI](https://techcrunch.com/2026/09/30/ai-voice-startup-elevenlabs-doubles-valuation-to-22b/)
> **Author**: Marina Temkin (undefined)
> **Published Date**: Wednesday, September 30, 2026
> **Category**: INDUSTRY
> **Tags**: News, TechCrunch AI, AI

## Executive Summary
The $300 million employee tender was co-led by Wellington and T. Rowe Price



## Full Coverage
Voice AI startup ElevenLabs announced today that it's allowing employees to cash out a portion of their vested equity at a $22 billion valuation, doubling the $11 billion valuation the company hit when it raised $500 million in February

The recent $300 million tender offer gave employees an opportunity to sell their shares to investors. The transaction was co-led by Wellington and T. Rowe Price, large institutional investors that back private companies with the intention of retaining the stock after the company goes public

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