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Overview
What Supabase does: Supabase provides an open-source backend-as-a-service that gives developers real-time databases, authentication, and storage in the cloud so they can build scalable applications quickly and efficiently. How its product works: It offers managed backend services (database with real-time updates, user authentication, file storage) that integrate with an existing frontend or mobile app via APIs; developers can use a freemium model, starting with free basic services and upgrading to paid plans as usage or feature needs grow. How it differs from competitors: Its open-source nature allows deeper customization and community-driven improvements, and it emphasizes high uptime and reliability for mission-critical apps, with a seamless integration into existing workflows. What its goal is: To simplify and speed up the development of scalable apps by providing a ready-to-use, flexible backend that developers can customize and extend.
About Supabase
Industries
Data & Analytics
Enterprise Software
Company Size
201-500
Company Stage
Series F
Total Funding
$996.1M
Headquarters
Singapore, Singapore
Founded
2020
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Simplify's Take
What believers are saying
- June 4 2026 Series F raised $500 million at a $10.5 billion valuation.
- Database launches grew 600% year-over-year, with Claude Code and Codex driving most new signups.
- Supabase for Platforms became the fastest-growing product, expanding distribution through builders like Lovable.
What critics are saying
- Databricks-acquired Neon attacks Supabase’s database layer with scale-to-zero branching and AI-native workflows.
- Supabase’s June 2026 pricing migration increases overages, pressuring churn among cost-sensitive startups.
- Open-source Postgres commoditization turns Supabase into a feature, not a company.
What makes Supabase unique
- Supabase bundles Postgres, auth, storage, realtime, and edge functions in one open-source platform.
- Multigres, launched June 4 2026, extends Supabase toward Vitess-grade Postgres sharding.
- Nearly 10 million developers and 250,000 customers make Supabase the default AI-backend.
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Funding
Total Funding
$996.1M
Above
Industry Average
Funded Over
8 Rounds
Coatue Management
Accel
Y Combinator
Craft Ventures
Tiger GlobalBenefits
Remote work from anywhere
Autonomous work
Health, vision & dental benefits
Generous tech allowance
Annual education allowance
Annual run off-sites
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 4%2 year growth
↓ -2%Open-source database platform Supabase has raised $500 million in a Series F funding round, taking its valuation to $10.5 billion.
Supabase raises $500M in a Series F round led by GIC at a $10.5B valuation to scale its open source Postgres platform and agentic infrastructure.
Supabase has raised a $500M Series F at a $10B pre-money valuation, led by GIC.
YC congratulates Supabase cofounders @kiwicopple and @AntWilson on their $500M Series F. Database launches have grown 600% year-over-year, with 60% of new databases launched by AI tools. Nearly 10 million developers now build on Supabase.
Supabase, a backend technology startup for AI app development, has raised $500 million at a $10.5 billion valuation, roughly doubling its value since October. The funding round was led by GIC, with participation from Accel, Y Combinator, Craft, Felicis, Coatue and Stripe. Founded in 2020 by CEO Paul Copplestone and CTO Ant Wilson, Supabase provides database services using open-source Postgres, enabling developers to store data, authenticate users and scale applications. The company has benefited from the surge in AI-assisted coding, with tools like Anthropic's Claude Code and OpenAI's Codex now responsible for the majority of databases on its platform. Supabase serves over 250,000 customers with 350 employees, competing with database services from MongoDB and Amazon's Aurora. The company announced Multigres, a new scaling tool.
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About Supabase
Industries
Data & Analytics
Enterprise Software
Company Size
201-500
Company Stage
Series F
Total Funding
$996.1M
Headquarters
Singapore, Singapore
Founded
2020
Supabase is Hiring for 15 Jobs on Simplify!
Find jobs on Simplify and start your career today