Supabase nabs $5B valuation, four months after hitting $2B

It’s been a whirlwind twelvemonth for the database of prime for the vibe-coding world: Supabase. On Friday Supabase announced that it raised a caller $100 cardinal Series E connected a $5 cardinal valuation, led by Accel and Peak XV. This is conscionable 4 months aft closing its $200 cardinal Series D connected a $2 cardinal valuation, led by Accel, with Coatue.

And that Series D was conscionable 7 months aft raising an $80 cardinal Series C led by Sequoia spinoff Peak XV and David Sacks’ Craft Ventures astatine an undisclosed valuation. PitchBook estimated Supabase was valued astatine astir $765 cardinal successful that deal, post-money.

So that’s $380 cardinal raised successful a twelvemonth and an implicit 500% valuation measurement up, assuming PitchBook’s estimates of the Series C valuation are successful the ballpark. Supabase has present raised a full of $500 million, it says.

Open root database work Supabase was founded successful 2020 by CEO Paul Copplestone and CTO Ant Wilson (pictured), a fewer years earlier the LLM-powered vibe coding craze spawned. It was primitively a Y Combinator startup that offered developers a Postgres-based unfastened root alternate to Google’s Firebase. Firebase is simply a database that was besides designed to powerfulness AI apps.

Supabase combines Postgres with different enterprise-grade unfastened root tools for features similar authentication, auto-generated APIs, record storage, and a vector toolkit (necessary for galore AI apps). It eased the hard parts of mounting up a database down to a fewer fastener clicks. Consequently it became a fashionable backmost extremity for vibe-coding tools — which constitute apps with earthy connection prompts — like fast-growing Lovable and Bolt. It is progressively utilized arsenic the database of prime for Figma and different uber fashionable AI coding tools similar Replit, Cursor, and Claude Code, it says.

Interestingly, due to the fact that Supabase is unfastened root and supported by a assemblage of developers — claiming 4 cardinal developers arsenic users — it is allowing assemblage members to besides bargain banal arsenic portion of this Series E funding, the institution said.