Suno Raises $400 Million In Series D Funding Round Led By Bond Capital At $5.4 Billion Valuation

Suno raised over $400 million in a Series D round, positioning the company with a post-money valuation of $5.4 billion. The funding was led by Bond Capital with participation from IVP, Forerunner, Union Square Ventures, Alkeon, Quiet, and other existing investors. This capital will accelerate product development and enhance music models designed in collaboration with the music industry.

Summary of transaction details:

• Deal Type: Series D
• Transaction Amount: $400,000,000
• Valuation: $5,400,000,000
• Headquarters: Cambridge, Massachusetts
• Founders: Mikey Shulman, Georg Kucsko, Martin Camacho, & Keenan Freyberg
• Notable Investors: Bond Capital, IVP, Forerunner, Union Square Ventures, Alkeon, Quiet, Matrix, Lightspeed, Menlo Ventures & Schroders Capital

Suno's leadership comprises co-founder and CEO Mikey Shulman. The company's strategic focus is on scaling its AI-driven music creation platform for both professional artists and first-time creators, aiming to enhance consumer and creator music experiences.