Suno has raised $400 million in a Series D led by Bond Capital at a $5.4 billion post-money valuation, more than doubling its $2.45 billion valuation from just seven months ago.
The company now generates $300 million in ARR, has surpassed 2 million paid subscribers, and users generate over 7 million tracks per day on the platform.
Suno still faces active copyright litigation from Universal Music Group and Sony Music Entertainment, even as it prepares to launch its first music model built in partnership with the industry.
A hospice patient used Suno to leave songs behind for their family. Therapists are using it to help teenagers work through mental health challenges. Caregivers for people with dementia are creating personalised songs tied to familiar memories and voices. These are not the use cases that a typical Series D deck leads with — but they are the ones Mikey Shulman chose to highlight when announcing the biggest funding round in AI music history.
Cambridge, Massachusetts-based Suno has raised $400 million in a Series D led by Bond Capital, with new investors IVP, Forerunner, Union Square Ventures, Alkeon Capital Management, and Quiet Capital. Existing investors Matrix, Lightspeed, Menlo Ventures, and Schroders Capital also returned. The round values the company at $5.4 billion post-money — more than double its $2.45 billion valuation from its $250 million Series C just seven months ago in November 2025. Total funding now exceeds $775 million across all rounds.
