Suno is pursuing a Series D funding round expected to raise above $250 million and close in coming weeks, just six months after raising $250 million at a $2.45 billion valuation on November 19, 2025. The AI music company settled with Warner Music Group, acquiring SongKick and agreeing to limit user downloads, but Sony Music and Universal Music Group continue their $500 million copyright lawsuit. Suno recently became the No. 1 music app in the Apple app store.
Series D funding round
- ▪Suno's Series D funding round is expected to raise above $250 million
- ▪Suno's Series D funding round is expected to close in the coming weeks from May 4, 2026
- ▪Suno is in the midst of a Series D funding round as of May 4, 2026
Series C allocation plans
- ▪Suno's biggest expense since January 2024 was compute power
- ▪Suno's Series C funding round was announced on November 19, 2025
- ▪Suno's Series C round would be allocated to 30% computing power, 20% mergers and acquisitions, 20% discovery, 20% marketing, 15% data, and 5% partnerships
- ▪Suno raised $250 million in a Series C funding round led by Menlo Ventures
- ▪Suno's Series C funding round brought the company's valuation to $2.45 billion
- ▪Suno's Series C funding round occurred six months before May 4, 2026
Music industry licensing deals
- ▪Suno's licensing deal with Warner Music Group included the promise that Suno would relaunch a model trained on licensed works in 2026
- ▪Suno's settlement with Warner Music Group effectively ended Warner Music Group's participation in the $500 million copyright infringement lawsuit
- ▪Universal Music Group announced a licensing deal and settlement with Udio after November 19, 2025
- ▪Hallwood Media was started by record executive Neil Jacobson
UMG legal dispute
- ▪Universal Music Group chief digital officer and executive vice president Michael Nash said in January 2026 that Suno's disinterest in making its service into a walled garden is a reason why Universal Music Group's part of the lawsuit is still ongoing
- ▪Universal Music Group, Sony Music, and Warner Music Group filed a $500 million copyright infringement lawsuit against Suno in June 2024
- ▪The copyright infringement lawsuit filed by Universal Music Group, Sony Music, and Warner Music Group alleged that Suno trained on copyrighted sound recordings illegally
- ▪Suno chief music officer Paul Sinclair wrote a LinkedIn post called "Open Studios, Not Walled Gardens" days after Michael Nash's January 2026 interview aired
- ▪Sony Music and Universal Music Group are still pursuing the copyright infringement lawsuit against Suno as of May 4, 2026
App store performance
- ▪Suno recently became the No. 1 music app in the Apple app store
- ▪A Luminate survey found that U.S. consumer interest in listening to AI-assisted music declined across all age groups from May 2025 to November 2025
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