Mikey Shulman Speaks at Screentime Conference

Mikey Shulman, the co-founder and chief executive officer of Suno, spoke on Thursday, October 1, at the Bloomberg Screentime conference, which was held in Los Angeles. Shulman stated that the company develops all of its technology in-house. Shulman also stated that there was nothing in this field when they founded the company. Because nothing existed in the field at the time of founding, Shulman stated that they had to be pioneers.

In February, Suno had announced that the company reached more than 2 million paying subscribers and 300 million dollars in annual recurring revenue. At that time, Suno also announced that more than 100 million people have used the platform. Later in the year, in June, Suno raised more than 400 million dollars in a Series D funding round led by Bond Capital. The Series D funding round was completed at a company valuation of 5.4 billion dollars.

On September 9, Suno launched the v6 model series. On that same day, September 9, the company retired all of the models that it had operated before the launch of the v6 model series.