Suno company profile: valuation, funding & revenue

This Suno company profile covers the company's valuation, revenue, funding rounds, investors and history. Suno works in artificial intelligence, with a focus on AI music generation. It was founded in 2022 and is headquartered in Cambridge, Massachusetts, United States. Its latest valuation on record is US$5.4 billion (June 2026). Every figure links to a public source, and anything the company hasn't disclosed is marked as such.

Revenue

Funding history

Suno timeline

Key dates from the sources on this page, oldest first. Metric snapshots are listed after the funding events.

• 2022 — Suno is founded in Cambridge by Mikey Shulman (CEO), Georg Kucsko, Martin Camacho and Keenan Freyberg.
• May 2024 — Series B: US$125M, valuing the company at About US$500M. Investors: Lightspeed (lead); Matrix, Founder Collective.
• Nov 2025 — Series C: US$250M, valuing the company at US$2.45B. Investors: Menlo Ventures (lead); Hallwood Media, Lightspeed, Matrix, NVentures.
• Jun 2026 — Series D: US$400M, valuing the company at US$5.4B. Investors: Bond (lead); IVP, Forerunner, Union Square Ventures.
• June 2026 — Reported later round: A US$400 million Series D at US$5.4 billion post-money, led by Bond, listed by one data provider; not independently confirmed.
• November 2025 — Reported revenue: About US$200 million in annual revenue (reported).

Investors

Overview

Suno makes AI software that creates songs. A user types a description, such as "an upbeat indie pop song about a road trip", or writes their own lyrics, and Suno generates a complete track with vocals, instruments and production in seconds. Users can extend songs, edit sections, change styles, upload their own audio and use Suno Studio for more detailed production. Suno says nearly 100 million people have made music with its tools, making it the most popular AI music generator and one of the most talked-about consumer AI products.

Mikey Shulman, the CEO, Georg Kucsko, Martin Camacho and Keenan Freyberg founded Suno in Cambridge, Massachusetts, in 2022. All four had worked at Kensho, an AI company acquired by S&P Global, where they built speech recognition and audio models. Several are also musicians. They first released an open-source text-to-audio model called Bark before launching Suno's music product.

Products

• Song generation: full songs from text prompts or lyrics in many genres and languages.
• Editing and extension: replace sections, extend songs, remix styles and separate stems.
• Suno Studio: a more advanced workspace for creators who want greater control.
• Audio upload: turn a user's humming, voice or instrument recording into a full arrangement.
• Subscriptions: free tier with limited credits; paid plans add more songs, better models and commercial use rights.

Funding

Suno raised a US$125 million Series B in May 2024, led by Lightspeed, at a valuation reported at about US$500 million. In November 2025 it raised a US$250 million Series C at US$2.45 billion, led by Menlo Ventures with Hallwood Media, Lightspeed, Matrix and NVentures, Nvidia's venture arm, according to Bloomberg. Reports at the time said annual revenue had reached about US$200 million. One data provider later listed a US$400 million Series D at US$5.4 billion led by Bond in June 2026; we haven't confirmed that round, so the data above uses the Series C figure.

Lawsuits and settlements

In June 2024, the major record companies, Universal Music Group, Sony Music and Warner Music Group, sued Suno, alleging that it trained its models on copyrighted recordings without permission. Suno argued that training on publicly available music is fair use. Independent artists also filed claims. In late 2025, Warner Music Group announced a settlement and partnership with Suno, under which Suno would launch licensed models and give artists more control over the use of their names, voices and likenesses. Litigation and negotiations with other rights holders continued. The outcome will shape how AI music companies can train models and what they must pay.

Competition

Suno competes with Udio, its closest rival, which reached its own settlement with Universal Music; with music features from Google (Lyria), Meta and Stability AI; with ElevenLabs, which launched an AI music product with licensed training data; and with traditional music libraries for creators. Its advantages are its large user base, quality of vocals and fast product development.

Suno at a glance

Suno is a Cambridge, Massachusetts, AI music company founded in 2022 by Mikey Shulman, Georg Kucsko, Martin Camacho and Keenan Freyberg, all formerly of Kensho. It generates full songs from text prompts. It raised a US$125 million Series B in 2024 and a US$250 million Series C at US$2.45 billion in November 2025, led by Menlo Ventures, followed by a US$400 million round at US$5.4 billion in June 2026, and has faced and partly settled lawsuits from major record labels.

Timeline

• 2022: founded by four former Kensho colleagues.
• 2023: releases the Bark open-source model, then launches Suno's song generator.
• May 2024: raises a US$125 million Series B led by Lightspeed.
• June 2024: major labels file copyright lawsuits.
• November 2025: raises a US$250 million Series C at US$2.45 billion; Warner Music Group announces a settlement and partnership.
• June 2026: raises US$400 million at US$5.4 billion, led by Bond.

What AI music means for musicians

AI music generators make it possible for anyone to create songs without instruments, training or studio time. Supporters see a new creative tool, similar to how synthesisers, samplers and digital audio workstations transformed music production. Critics worry about floods of AI-generated tracks on streaming services diluting royalties, the use of artists' work without consent and the loss of income for session musicians and composers of production music. Streaming platforms have introduced policies to label AI music and remove spam. Licensing deals that pay rights holders and let artists opt in or out may become the industry standard.

Questions for creators and businesses

• Which plan grants commercial rights, and what are the limits?
• Can AI-generated songs be uploaded to streaming services and monetised under their policies?
• What happens to your rights if licensing terms change after a legal settlement?

How AI music models work

Music generation models are trained on large collections of audio, learning patterns of melody, harmony, rhythm, timbre and vocals across genres. Many use techniques similar to those in image and language models, converting audio into tokens or compressed representations and learning to generate them in sequence, guided by text descriptions and lyrics. Producing convincing vocals with clear words and consistent style over a full song is particularly hard, and Suno's quality on vocals was a major reason for its popularity. The training data question at the centre of the lawsuits is whether learning from copyrighted recordings requires permission and payment.

Latest developments (October 2026)

Suno raised US$400 million at a US$5.4 billion valuation in June 2026, led by Bond with IVP, Forerunner and Union Square Ventures, according to the Boston Globe. That more than doubles its November 2025 valuation. Reports put its subscription revenue at about US$300 million a year, but that is not an audited figure. Suno still faces copyright lawsuits from record labels and complaints from artists, which remain the main risk. See our most valuable AI startups guide.

What to watch

Watch for licensed model launches, further label settlements, confirmed new funding, revenue growth and streaming platforms' policies on AI music.

Takeaways

Creators can produce songs and ideas quickly, but should check rights carefully. Founders can learn from Suno's shift from litigation to licensing. Investors should weigh fast growth against unresolved copyright questions.

Sources

Every figure on this page comes from the public sources below. Where sources disagreed, we used the company's own announcement or a primary news report. Private-company data changes; check the date beside each figure.

1. The Boston Globe
2. Multiples.vc
3. MusicTech
4. Bloomberg Law (Bloomberg)