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- Suno
Suno Funding, Investors & Competitors
Suno has raised $4M across 2 funding rounds, most recently a $3M seed round in June 2025.
Last Suno funding round
$3M
Seed · Jun 2025
Cumulative funding Suno raised
$4M
across 2 funding rounds
Key investors in Suno
Gray Line Partners
About Suno
Suno is a Tel Aviv-based medtech firm streamlining access to hearing care through an online platform connecting patients to audiologists for remote diagnostics and treatment. Services include e-prescriptions for hearing aids and virtual fittings compatible with devices from Phonak and Oticon. Operating in Europe and the Middle East, it partners with clinics in 15 countries.
Founded
2022
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Services
Suno Funding History
Suno has raised a total of $4M across 2 funding rounds.
Suno's first fundraising round was a $1M seed round in August 2023. The most recent completed round was a $3M seed round in June 2025.
Suno funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jun 2025 | Seed | Gray Line Partners (lead) | $3M | Suno Software, a New York-based company founded in 2022, closed a seed round in mid-2025 led by Gray Line Partners, the Seattle growth equity firm that backs early-growth enterprise software businesses. The round was publicised by the company on 13 November 2025 as funding to accelerate its AI product roadmap for hearing clinics. Gray Line partner Eddie Kang described Suno as one of the most exciting companies in hearing care, citing its combination of deep domain expertise and a disciplined AI strategy. The amount was not stated in the announcement. Suno sells an all-in-one practice-management platform for audiology and hearing clinics, covering scheduling, charting, billing, patient communication and analytics. The new capital is directed at AI features such as automated clinical summaries, AI scribes for SOAP notes and real-time analytics. The company is now a software partner to hundreds of hearing clinics across the United States and describes itself as the fastest-growing practice-management solution for hearing clinics. |
| Aug 2023 | Seed | - | $1M | Suno Software, a New York-based company founded in 2022, raised its first outside funding in August 2023 as a seed round. The company builds practice-management software for audiology and hearing clinics, bringing scheduling, charting, billing, patient communication and analytics into a single platform. The seed capital funded the early build-out of the product and its first rollout to independent hearing clinics in the United States. The round was followed by a second seed round in mid-2025 led by Gray Line Partners, which took the company's total funding to about USD 3.9 million. Suno has since become a software partner to hundreds of hearing clinics nationwide and is adding AI features such as automated clinical summaries and AI scribes for SOAP notes. |
Who has invested in Suno?
1 investor has backed Suno across its funding rounds, including Gray Line Partners.
Lead investors include Gray Line Partners.
Suno Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialSuno Competitors
Suno competitors include listed companies like Max Healthcare Institute, Oscar Health and Hims, and private ones like Devoted Health, Ro and WeDoctor.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $3.3B | - | $16B | - | ||
| Publicly listed | $874M | $236M | $9.7B | 8.9x | ||
| Publicly listed | $12B | ($391M) | $9.5B | 0.5x | ||
| Private | $250M | - | $7B | - | ||
| Private | $267M | - | $7B | 50.4x | ||
| Publicly listed | $2.3B | $178M | $6.1B | 2.2x |
Suno Public Comps
Suno is still privately-owned, but its public comps include Max Healthcare Institute, Oscar Health, Hims, Ping An Healthcare, Teladoc, JMDC, GoodRx, Guiyang Longmaster, Medley Inc. and American Well.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $874M | $236M | 11.5x | 8.9x | 42.4x | 32.9x | |||
| $12B | ($391M) | 0.8x | 0.5x | (24.4x) | 13.2x | |||
| $2.3B | $178M | 2.9x | 2.2x | 38.0x | 22.7x | |||
| $821M | $52M | 0.8x | 0.9x | 12.9x | 18.1x | |||
| $2.5B | $124M | 0.7x | 0.7x | 14.4x | 6.2x | |||
| $319M | $87M | 5.1x | 4.6x | 18.9x | 17.8x | |||
| $797M | $173M | 1.8x | 1.8x | 8.3x | 5.8x | |||
| $45M | $5M | 9.8x | - | 85.9x | - | |||
This data is available for Pro users. Sign up to see all Suno competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Suno
| When was Suno founded? | Suno was founded in 2022. |
| Where is Suno headquartered? | Suno is headquartered in New York City, NY, United States. |
| Is Suno publicly listed? | No, Suno is a private, VC-backed company. |
| How much funding has Suno raised? | Suno has raised $4M across 2 funding rounds. |
| What was Suno's last funding round? | Suno's last funding round was a $3M seed round in June 2025, led by Gray Line Partners. |
| Who are Suno's investors? | Suno's investors include Gray Line Partners. |
| Which companies are comparable to Suno? | Companies comparable to Suno include Devoted Health, Max Healthcare Institute, Oscar Health, Ro, WeDoctor and Hims. |
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