ElevenLabs, the company that makes super-real AI voices, just hit a huge milestone.
Today the company is valued at $6.6 billion dollars.
How did this happen?
The company did a special share sale for its employees. Workers who have been there for at least one year could sell some of their company stock for cash. Big investors bought those shares for $100 million total. That price tag puts the whole company at $6.6 billion.
That’s double what it was worth just nine months ago ($3.3 billion).
ElevenLabs started in 2022. Two friends from Poland built it because they didn’t like bad movie voice-overs. Now their tech is used in Fortnite games, customer service bots, and big companies like Cisco, Adobe, and NVIDIA.
The company makes $200 million a year already and expects to reach $300 million by the end of this month.
They grew from 77 people last year to 331 people today.
The CEO, Mati, says voice tech will soon be cheap and easy for everyone. So the company is now working on full AI agents that can talk and act like real people.
No IPO is planned yet. This share sale just lets employees get money now while the company keeps growing fast.
