AI Music Platform Suno Raises $250M at $2.45B Valuation as 100 Million Users Create Songs
Summary
AI music platform Suno secures $250 million in Series C funding at a $2.45 billion valuation, with nearly 100 million users creating songs on its platform as the company expands into professional tools and social features.
Key Points
- Suno raises $250M Series C funding at a $2.45B valuation led by Menlo Ventures with participation from NVIDIA's venture arm and other investors
- Nearly 100 million people have created music on Suno's AI platform over the past two years, with many making music for the first time
- The funding will accelerate development of professional tools, casual creator experiences, and social features to build a comprehensive music ecosystem