Doubling Down on Suno, the Platform for Creative Entertainment
Menlo Ventures Menlo Ventures
Suno, an AI music generation platform, raised over $400 million at a $5.4 billion valuation, with average user session length reaching 55 minutes. The platform has grown to rank #11 globally in the App Store and #1 in music, driven by viral trends and a song that trended as the "song of the summer." The funding reflects belief that AI is shifting user behavior from passive consumption toward active creation as entertainment.
Why it matters
Every major consumer platform is built on a new behavior. TikTok made short-form video consumption mainstream. Netflix changed how we watch TV. Suno is doing something different: making creation itself a form of entertainment. We’re thrilled to double down on Suno in its $400M+ round at $5.4B led by Bond Capital and joined by IVP […] The post Doubling Down on Suno, the Platform for Creative Entertainment appeared first on Menlo Ventures.
