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ElevenLabs says existing investors and employees have sold $300M worth of stock in a tender led by Wellington and T Rowe Price and valuing the startup at $22B (Tim Bradshaw/Financial Times)

Techmeme ·
The tender gives ElevenLabs a $22 billion mark without raising new company cash.

Existing investors and employees sold $300 million of stock in the deal, according to Techmeme’s note. The tender was led by Wellington and T. Rowe Price. The cited report is from Tim Bradshaw at the Financial Times. Source: Techmeme’s note.

score 7

Categories: Money & Moves