ElevenLabs Weighs $22 Billion Tender Offer for Employee Share Sales
Updated
Updated · Bloomberg · Jul 2
ElevenLabs Weighs $22 Billion Tender Offer for Employee Share Sales
2 articles · Updated · Bloomberg · Jul 2
Summary
ElevenLabs has begun early talks with investors on a secondary share sale that would let employees sell stock at a valuation of about $22 billion.
The tender offer is expected by September, according to people familiar with the matter, though the discussions are still preliminary and terms could change.
A $22 billion price tag would roughly double the AI startup's valuation from its February funding round, underscoring how sharply investor appetite has risen.