AI voice startup ElevenLabs is reported to have doubled its valuation to $22 billion, following a $300 million secondary share sale. Multiple outlets say existing investors and employees participate in the tender, with the company completing the transaction as part of its ongoing funding and liquidity process.
Financial Times and other reports describe the $300 million as driven by stock sales by employees and earlier investors. TechCrunch and The Next Web specify that Wellington Management and T. Rowe Price co-lead the tender. The Next Web adds that some investors also join for the first time, naming EQT, Goldman Sachs, Singapore’s GIC and Ontario Teachers’ Pension Plan among new participants.
Channel NewsAsia links the valuation increase to rising demand for AI voice agents, framing the move within the broader market for speech-generation and voice-based AI services. Across coverage, the core point is consistent: ElevenLabs’ stated valuation rises to $22 billion, and the figure is associated with the $300 million share sale led by Wellington and T. Rowe Price.
