ElevenLabs is valued at US$22 billion.
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VALUATION Facebook X LinkedIn Businessman using tablet with digital graphics. ElevenLabs has completed a $300 million liquidity offering for employee stock. With this transaction, the company is now valued at $22 billion, double the valuation achieved in the Series D round announced in February. The transaction was led by Wellington Management and T. Rowe Price, long-term institutional investors who bring experience and expertise to support the company's next phase of growth. In addition to voice-based artificial intelligence models, ElevenLabs has developed ElevenAgents, a conversational AI platform that allows organizations to implement agents capable of interacting naturally with customers and employees. The solution can be applied to different sectors, markets, and contexts, expanding the possibilities for using AI in business operations. This expansion has been one of the main drivers of the company's growth: the enterprise segment already accounts for 55% of total revenue, driven by the adoption of ElevenAgents in customer service and support applications. "AI should interact with people the same way we interact with each other," says Mati Staniszewski, co-founder and CEO of ElevenLabs. "Doing this the right way will help ensure that AI spreads widely throughout the economy and that everyone can contribute to shaping and benefiting from it, regardless of their...
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