ElevenLabs Targets 2028 IPO Readiness After Valuation Doubles to $22 Billion

ElevenLabs CEO Mati Staniszewski said he wants the AI voice company ready for an initial public offering in 2028, although the company has not set a date to list its shares. A September sale of existing employee shares valued ElevenLabs at $22 billion, twice the $11 billion valuation from its February financing. The $300 million transaction primarily gave employees an opportunity to sell shares. The company’s valuation doubled to $22 billion in the deal. ElevenLabs is expanding from voice cloning and AI dubbing into voice agents for businesses. The agents handle tasks including customer service, scheduling and insurance renewals.

Source: TokenPost