AI music creation app — text-to-song generation at studio quality
Suno is an AI music creation app that quickly joined the rare club of startups with $100M ARR. It now generates around $150M in ARR and has fielded investment offers at a $2B+ valuation. Founded in 2022 by former Kensho ML researchers, Suno's text-to-song model produces full vocals + instrumentation from a prompt. It is the consumer breakout of the generative-audio category.
AI📍 Cambridge, MAFounded 2022
Current Valuation
$2.0B
as of 2025-Q4
UNICORN
QL Price
$1.8B
-27% vs last round
QuantLogix's current estimate for Suno, published 2026-10-07 — below the last disclosed round of $2.5B (2026-06).
Confidence
medium
Basis
blended
What backs this price
Last disclosed round
$2.5B
2026-06
weight 0.78
Secondary market print
$759.5M
2026-06-27
weight 0.54
Public-company comparables
$2.2B
2025-Q4
weight 0.13
How this price has held up
No round has priced for Suno since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Suno, 2026-10-07 (4c2826215de99f25).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Suno going public?
No. Suno has no imminent IPO plans on record. It is still private.
What is Suno's valuation in 2026?
Suno is valued at $2.0B as of 2025-Q4, set by its Investment offer (in negotiation) (2025-Q4). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Suno filed an S-1?
No public S-1 is on file for Suno.
Who are Suno's investors?
Suno's investors include Lightspeed Venture Partners, Nat Friedman, Daniel Gross, Matrix Partners, Founder Collective.
How much has Suno raised?
Suno has raised $125M in total, most recently a Investment offer (in negotiation) in 2025-Q4.
Is Suno publicly traded — can you buy Suno stock?
No. Suno is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Suno on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Mikey Shulman
Founded
2022
HQ
Cambridge, MA
Employees
~50
Total Raised
$125M
Est. Revenue
$150M (2025-Q4)
Growth
Crossed $100M ARR rapidly, now ~$150M ARR
IPO Status
no imminent plans
Fundraising Status
Investment offer (in negotiation)
no imminent plansTotal raised $125M
Secondary Market
Implied price / share
$61.39
Last round price / share
$197.92
vs last round
-69.0%
Open interest
4
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Investment offer (in negotiation)
—
2025-Q4
Undisclosed
—
Vertical Intelligence — AI / ML
Open models
2
verified organization
Downloads (30d)
46,170
across all models
Followers
692
Top model
bark
26,480 downloads / 30d
Attributed to Hugging Face organization "Suno" as of 2026-10-04. Open-weights footprint only — closed-model usage is not publicly measurable. Verify on Hugging Face ↗
Talent Signal
Hiring trend
▲ Hiring uptrend
+12% vs 2026-08
Open roles
66
via ashby
Product-build share
55%
engineering, research, product, design
Trajectory
expanding
product-led hiring — 55% of open roles build product; the rest are go-to-market and G&A.
No tracked executive churn; open roles trending up.
Counted from Suno's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Udio · Stability AI (Stable Audio) · ElevenLabs Music · Riffusion
AIGenerative Audio$100M+ ARR Club
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q4. Refreshed quarterly.