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AI Voice Startup ElevenLabs Doubles Valuation to $22 Billion

The company’s new valuation is twice the $11 billion level attached to its previous funding round.

Studio microphone standing inside an acoustically treated recording booth / TokenPost.ai
Studio microphone standing inside an acoustically treated recording booth / TokenPost.ai

ElevenLabs has doubled its valuation to $22 billion, marking a significant increase for the artificial intelligence voice company.

The new figure is twice the $11 billion valuation tied to the company’s previous funding round. ElevenLabs develops voice-generation technology for applications including speech and voice agents.

The company previously launched its V4 speech models with support for 90 languages.

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