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ElevenLabs Launches $100 Million Employee Tender at $6.6 Billion Valuation

The investor-led offer provides staff liquidity, reflecting accelerating enterprise revenue.

Overview

  • Existing investors Sequoia Capital and ICONIQ Growth are leading the secondary, with participation from Andreessen Horowitz, Smash Capital and World Innovation Lab.
  • Eligible employees with at least one year of tenure can sell vested shares, with up to $100 million in stock available through the tender.
  • Annual recurring revenue has surpassed $200 million, and the company projects roughly $300 million by the end of 2025.
  • Headcount has risen to about 331 from roughly 70–77 a year earlier as the company scales its platforms.
  • Enterprise revenue grew more than 200% year over year, supported by more than two million deployed conversational agents and clients such as Cisco, Epic Games, Adobe and NVIDIA.