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ElevenLabs Hits $6.6 Billion Valuation with Employee Share Sale

9/9/2025

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Summary

Story summary

ElevenLabs, a UK AI startup, is conducting an employee share sale at a $6.6 billion valuation, doubling its previous worth.
The company raised $180 million in January, previously valued at $3.3 billion.
A $100 million tender offer allows employees with over a year of service to sell shares.
CEO Mati Staniszewski reported $200 million in annual recurring revenue (ARR), targeting $300 million by year-end.
Founded in 2022, ElevenLabs specializes in AI voice synthesis and aims to boost employee rewards and market confidence.

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Story summary

ElevenLabs, a UK AI startup, is conducting an employee share sale at a $6.6 billion valuation, doubling its previous worth.
The company raised $180 million in January, previously valued at $3.3 billion.
A $100 million tender offer allows employees with over a year of service to sell shares.
CEO Mati Staniszewski reported $200 million in annual recurring revenue (ARR), targeting $300 million by year-end.
Founded in 2022, ElevenLabs specializes in AI voice synthesis and aims to boost employee rewards and market confidence.