SAN FRANCISCO, CA, Supabase, the open source Postgres development platform, today announced a $500 million Series F at a $10.5 billion post-money valuation.
The round was led by GIC with all existing investors participating including Accel, Y Combinator, Craft, Felicis, Peak XV, and Coatue. Stripe is doubling down on Supabase with its second investment in the company and Salesforce Ventures joined the round. The funding comes just seven months after the company's Series E, bringing total capital raised to over $1 billion.
Supabase is the open source Postgres development platform and leader in agentic infrastructure. The majority of AI app builders and more than 9 million developers use Supabase. Founded in 2020, Supabase provides a complete backend - Postgres database, authentication, storage, edge functions, real-time subscriptions, and vector search - alongside a growing marketplace of 100+ integrated partner tools.
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