positiveSYS.SOURCE: TechCrunch• 2026-09-30T18:23:57Z
ElevenLabs Achieves $22 Billion Valuation Through Employee Equity Tender Offer
AI voice startup ElevenLabs achieved a $22 billion valuation through a $300 million employee equity tender offer, doubling its previous valuation. The transaction, led by institutional investors Wellington and T. Rowe Price, reflects a growing trend of using employee liquidity programs to retain talent in fast-growing AI startups.
The $300 million employee tender was co-led by Wellington and T. Rowe Price.
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