Suno has secured a $250 million Series C round, bringing the company’s valuation to $2.45 billion, marking one of the most significant funding events to date in the rapidly expanding AI-powered music creation sector. The round was led by Menlo Ventures with participation from NVentures, Hallwood Media, Lightspeed, and Matrix, reinforcing investor conviction in the company’s ability to reshape how music is produced, shared, and experienced.
Founded in Cambridge, Massachusetts, Suno has quickly become one of the most closely watched companies in generative audio. Over the past two years, the platform has seen millions of creators experiment with AI-driven music, from newcomers producing their first songs to established songwriters and producers incorporating Suno into their daily creative processes. The company describes its mission as building technology that amplifies imagination and removes barriers in music creation.
This latest funding round arrives during a period of rapid product expansion. In September, Suno launched Suno Studio, billed as the first generative audio workstation on the market. The platform integrates professional multi-track editing with AI stem generation in an interface designed for creators at all levels. Shortly before the launch, Suno released version 5 of its music model, a significant upgrade that offers creators deeper control, improved vocals, higher-fidelity mixing, and more intuitive prompts.
Suno has also expanded through acquisition. Ahead of the Suno Studio rollout, the company acquired browser-based digital audio workstation WavTool, incorporating its technology and engineering team to strengthen its full-stack music ecosystem. The company now offers its foundational model, workstation environment, artist tools, and community features in a single integrated platform.
Suno’s rapid adoption among both professional and casual creators reflects a growing cultural shift toward active music-making with AI. With fresh capital, the company plans to accelerate development of professional-grade features, deliver more enjoyable experiences for hobbyist users, and introduce social tools that help people connect through music. The company frames its vision around fostering an ecosystem where creators and listeners collaborate, opening new pathways for creativity and value creation within the global music landscape.
KEY QUOTES:
“We’re seeing the future of music take shape in real time. In just two years, we’ve seen millions of people make their ideas a reality through Suno, from first-time creators to top songwriters and producers integrating the tool into their daily workflows. This funding allows us to keep expanding what’s possible, empowering more artists to experiment, collaborate, and build on their creativity. We’re proud to be at the forefront of this historic moment for music.”
Mikey Shulman, Co-Founder and CEO of Suno
“Suno is the world’s #1 music creation app, making music accessible to everyone. Mikey and the team have built something people genuinely love using and millions of fans are on the platform every day, creating original songs and sharing them with friends.”
Amy Martin, Partner, Menlo Ventures
