Suno raises $400M Series D at $5.4B valuation
By Steven Van ·
The round was led by Bond Capital, and Suno plans to roll out a music model built with the music industry in the coming months.
Suno has raised over $400 million in Series D funding at a $5.4 billion post-money valuation. The round was led by Bond Capital, alongside IVP, Forerunner, Union Square Ventures, Alkeon and Quiet, with participation from existing investors Matrix, Lightspeed, Menlo Ventures, and Schroders Capital.
Suno said the funding will go toward helping more people express themselves through music and expanding what's possible for artists and creators on the platform. In the announcement, the company said it will begin rolling out its first music model developed in partnership with the music industry in the coming months.