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Investing.com -- AI music creation platform Suno has secured $250 million in Series C funding, reaching a post-money valuation of $2.45 billion.
The funding round was led by Menlo Ventures with participation from NVentures (NVIDIA’s venture capital arm), Hallwood Media, Lightspeed, and Matrix.
"We’re seeing the future of music take shape in real time," said Mikey Shulman, Co-Founder and CEO of Suno. "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."
Amy Martin, Partner at Menlo Ventures, described Suno as "the world’s #1 music creation app, making music accessible to everyone," noting that "millions of fans are on the platform every day, creating original songs and sharing them with friends."
In September, Suno launched its first generative audio workstation called Suno Studio, which combines professional-grade multi-track editing with AI stem generation. Just before this release, the company introduced v5, its most advanced music model to date, offering greater creative control, studio-quality mixing, improved vocals, and intuitive prompts.
As part of its expansion, Suno acquired WavTool, a browser-based digital audio workstation, incorporating their technology and engineering talent to support Suno’s mission of empowering artists.
The new funding will help Suno accelerate development of more sophisticated tools for professionals, enhance experiences for casual creators, and create new ways for users to share and connect through music. The company aims to build an ecosystem where users actively participate rather than passively listen, creating new value flows between creators and listeners.
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