Supabase raised a $500 million Series F at a $10.5 billion valuation. GIC led the round, with Accel, Y Combinator, Craft, Felicis, Coatue and Stripe participating.
Ce qui change
Supabase provides an open-source backend stack built around Postgres, handling data storage, authentication and other application infrastructure that developers used to wire up manually.
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CEO Paul Copplestone says the user base has more than doubled since Series E, databases are up 600% year over year, and agents now deploy the majority of databases. AI coding tools generate apps; Supabase is becoming one of the default places those apps store data.
Sources:PR Newswire, CNBC, SiliconANGLE and TNGlobal reports on Supabase Series F;CocoLoop