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Forbes Topline

AI Music Generator Suno Eyes $5 Billion Valuation After Latest Funding Round

Forbes Topline

Forbes

Business News, News, Entrepreneurship, Business

4.86 Ratings

🗓️ 5 May 2026

⏱️ 3 minutes

🧾️ Download transcript

Summary

Suno, the AI music generation company that has attracted a staggering 100 million users is reportedly nearing a close of a funding round that could value it at more than $5 billion, more than double what it was valued after its last funding round in November. Suno is expected to close a Series D funding round in the coming weeks, Axios and Billboard reported Monday morning, which Axios reported could value the startup at more than $5 billion. The new funding round comes six months after Suno raised $250 million at a valuation of $2.45 billion. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:30.6

Suno, the AI Music Generation Company that has attracted a staggering 100 million users,

0:36.9

is reportedly nearing the close of a funding round

0:39.5

that could evaluate at more than $5 billion, more than double what it was valued at after its last

0:45.4

funding round in November. Suno is expected to close a Series D funding round in the coming

0:51.3

weeks, Axios and Billboard reported Monday morning, which Axios reported

0:55.8

could value the startup at more than $5 billion. The new funding round comes six months after

1:02.0

Suno raised $250 million at a valuation of $2.45 billion. Details of the latest funding round

1:10.3

are unclear, but Billboard reported multiple

1:12.8

music industry investors are involved in that Suno has previously used much of the money it has

1:18.4

raised to fund the hardware, memory, and energy costs that power its AI technology.

1:24.8

The four-year-old startup has become a success despite pushback in lawsuits from the music industry,

1:30.7

and Forbes estimated last week Suno generated $150 million in revenue in 2025 and $25 million

1:38.7

in revenue in February alone.

1:41.8

Suno's CEO, Mickey Schulman, described the company as the OZempic of the music industry

1:46.7

to Forbes last week, saying, quote, everybody's on it and nobody wants to talk about it.

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