Supabase doubles valuation to $10B in 8 months
Original: Supabase doubles valuation to $10B in 8 months
Why This Matters
Demonstrates AI-driven developer tool adoption accelerating database infrastructure demand
Supabase raised $500 million Series F at $10 billion pre-money valuation, doubling from $5 billion in October. The open-source database platform now serves nearly 10 million developers, with database launches growing 600% annually.
Supabase announced a $500 million Series F funding round at a $10 billion pre-money valuation, reaching $10.5 billion post-money. This represents a doubling from its $5 billion valuation in October 2024. The company has experienced explosive growth, with database launches increasing over 600% in the past year and developer users doubling to nearly 10 million in eight months. CEO Paul Copplestone attributed much of this growth to AI coding tools like Claude Code and Codex, noting that over 60% of database launches are now created by AI tools. The round was led by GIC with participation from existing investors including Stripe and new investors Georgian and Salesforce Ventures. Supabase also launched Multigres this week, described as an operating system for Postgres to simplify database management at scale.