ElevenLabs has reached a $22 billion valuation, double its valuation at the Series D in February.
It’s an extraordinary milestone for a company that raised its first round in 2022 at a $9 million valuation.
For us at Concept, this journey is a powerful reminder of what can begin at pre-seed, and just how far an ambitious team can go from those very early days.
Huge congratulations to the entire ElevenLabs team on an incredible milestone. We’re proud to have backed them at the very beginning, and we're excited to see where they go from here.
You can read more about their tender and new developments here: https://elevenlabs.io/blog/tender-22bn
