Suno Raises $400 Million at $5.4 Billion Valuation as Bond Capital Leads Round
Updated
Updated · Bloomberg · Jun 3
Suno Raises $400 Million at $5.4 Billion Valuation as Bond Capital Leads Round
3 articles · Updated · Bloomberg · Jun 3
Summary
$400 million in new funding values AI music startup Suno at $5.4 billion, marking one of the larger recent bets on generative music.
Bond Capital led the round, with IVP, Forerunner and Union Square Ventures joining, while existing backers including Lightspeed and Menlo Ventures also added capital.
The financing extends investor support for Suno after reports earlier Wednesday said the company had closed a Series D round at the same valuation.
The deal underscores continued venture appetite for AI consumer platforms, with Suno attracting backing from firms that have also invested across the broader AI startup market.