𝕏xSE first seen 23 h ago, last 23 h ago, peak #33
ElevenLabs Hits $22 Billion Valuation in Employee Tender Offer
AI audio startup ElevenLabs has reached a $22 billion valuation through an employee share tender offer. The deal lets staff sell shares to outside investors at the new price, a sharp jump for the voice-cloning company and one of the highest valuations among Europe's AI startups. The move is being read as a sign of continued investor appetite for generative AI companies, with attention now on whether a formal funding round or eventual listing will follow.
Why now: The valuation is a major jump for an AI startup and signals strong investor demand for generative AI companies.
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