Suno, the AI music company, has raised a $250 million dollars and is now valued at $2.45 billion.
Instead, Suno more than doubled the predicted tranche and tacked on another $450 million to the post-cash valuation. Menlo Ventures led the sizable Series C, which drew additional support from NVIDIA’s NVentures, Hallwood Media (the professional home of Xania Monet), Anthropic stakeholder Lightspeed, and Palo Alto’s Matrix.
Addressing the raise, Suno co-founder and head Mikey Shulman, whose platform is said to be approaching 100 million total users, described his company as having a hand in “the future of music.”