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Supabase Nabs $5B Valuation, Four Months After Hitting $2B

It’s been a whirlwind year for the open-source database world. Supabase nabs $5B valuation, four months after hitting $2B, following a $100 million Series E round led by Accel and Peak XV. This comes just four months after its $200 million Series D, also led by Accel.

Image Credits:Supabase

In a remarkable year, Supabase has raised a total of $380 million across multiple funding rounds, growing its valuation by more than 500% in just 12 months. The company now reports total funding of $500 million, cementing its position as a leading open-source database for developers.

Rapid Growth Through Strategic Funding

Supabase’s Series D was only seven months after its $80 million Series C, led by Sequoia spinoff Peak XV and Craft Ventures. Post-money valuation estimates for Series C suggested around $765 million, highlighting Supabase’s meteoric rise in a short period.

These strategic funding rounds reflect strong investor confidence and the growing demand for open-source backend solutions in the AI and vibe-coding space.

Why Developers Love Supabase

Founded in 2020 by CEO Paul Copplestone and CTO Ant Wilson, Supabase offers a Postgres-based open-source alternative to Google Firebase. Its combination of Postgres and enterprise-grade tools—like authentication, auto-generated APIs, file storage, and a vector toolkit—simplifies the complexities of database setup.

Supabase has become the go-to backend for vibe-coding tools such as Lovable and Bolt. It’s also increasingly used by popular platforms like Figma, Replit, Cursor, and Claude Code. Developers benefit from the simplicity of managing databases with just a few clicks.

Community-Driven Growth

One unique aspect of Supabase is its open-source model. With over 4 million developers in its community, the company allows community members to participate in Series E funding. This approach strengthens loyalty and fosters a collaborative growth environment.

Supabase’s Place in the AI Era

The timing of Supabase’s rise aligns with the LLM-powered vibe-coding boom, which demands robust, scalable, and easy-to-use databases. By providing enterprise-grade tools in an open-source format, Supabase positions itself as a critical infrastructure player for AI-driven app development.

As AI coding tools gain traction, Supabase’s influence in the developer ecosystem continues to expand, making its $5 billion valuation a reflection of both current performance and future potential.