Supabase Nabs $5B Valuation After Just Four Months

Supabase Nabs $5B Valuation After Just Four Months

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…