Draft:Supabase
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| Type | Private |
|---|---|
| Industry | Cloud computing, database, backend as a service |
| Founded | 2020 |
| Founder | Paul Copplestone Ant Wilson |
| Products | Supabase |
| Services | Managed PostgreSQL, authentication, file storage, autogenerated APIs, realtime database subscriptions, edge functions, vector tooling |
| Website | supabase |
Supabase is an open-source backend platform and company built around PostgreSQL. It functions as an open-source backend-as-a-service (BaaS) alternative to Google's Firebase. It uses PostgreSQL over Firebase's NoSQL database model.[1][2] It provides managed database hosting together with tools for authentication, file storage, autogenerated APIs, realtime database subscriptions, edge functions, and vector-related developer workflows.[3][4]
As of 2026, it is used by over 9 million developers and the company has been valued at approximately $10.5 billion.[5][6]
Platform
[edit]Supabase projects include a Postgres database, an API layer that automatically adapts as the database schema changes, authentication through common login providers, file storage, and a management interface.[3] The platform is designed to abstract away much of the backend setup commonly needed for modern applications.[3] A core technical distinction between Supabase and Firebase is Supabase's reliance on PostgreSQL rather than a NoSQL database model.[1] Supabase also makes use of existing open-source projects, including PostgREST for building APIs on top of a database.[1]
Supabase has targeted use cases within AI application development. Its support for pgvector allows PostgreSQL to store and query vector embeddings, which are commonly used in semantic search, recommendation systems, and other AI-related workloads.[7][8]
Supabase has also been used in local-first application development workflows, including setups that pair Supabase with React and PowerSync for local data synchronization.[9]
History
[edit]Supabase was founded in 2020 by Paul Copplestone and Ant Wilson and participated in Y Combinator's Summer 2020 batch.[3] As AI-assisted software development tools have increased demand for quickly provisioned application backends, the company has increasingly marketed itself as being not only a Firebase alternative, but a Postgres-centric developer platform.[7][10]
In April 2024, Supabase moved out of beta and reached general availability, while also adding official Swift support and expanding its work on Postgres storage through the Oriole team.[11]
Adoption
[edit]By April 2025, Supabase was reported to be used by two million developers managing more than 3.5 million databases.[12] By October 2025, the platform was reported to have more than four million developers, and AI coding platforms including Lovable and Bolt ran on Supabase.[10] In 2026, Supabase reported nearly 10 million developers and database launches that had grown by more than 600% over the previous year, with more than 60% of new databases launched by AI tools.[5]
Fundraising
[edit]It raised successive venture funding rounds between 2020 and 2026, including an $80 million Series B in 2022, an $80 million Series C in 2024, a $200 million Series D in 2025, a $100 million Series E later in 2025, and a $500 million Series F in 2026.[2][7][12][5][10]
The 2022 Series B was led by Felicis Ventures, with Coatue and Lightspeed also participating; the round brought the company's reported total funding to $116 million.[2] The 2024 Series C was led by Peak XV and Craft Ventures and brought reported total funding to $196 million.[7] The 2025 Series D valued the company at a reported $2 billion and was led by Accel, with participation from Coatue, Y Combinator, Craft Ventures, and Felicis.[12] The Series E later that year valued Supabase at a reported $5 billion and was led by Accel and Peak XV, with Figma Ventures also joining the round.[13] The 2026 Series F valued the company at a reported $10.5 billion post-money and was led by GIC, with existing investors including Accel, Y Combinator, Craft Ventures, Felicis, Peak XV, and Coatue participating.[14]
References
[edit]- ^ a b c Lardinois, Frederic (December 15, 2020). "Supabase raises $6M for its open-source Firebase alternative". TechCrunch. Retrieved June 11, 2026.
- ^ a b c Lardinois, Frederic (May 10, 2022). "Supabase raises $80M Series B for its open source Firebase alternative". TechCrunch. Retrieved June 11, 2026.
- ^ a b c d Kumparak, Greg (September 9, 2021). "Open source backend-as-a-service startup Supabase raises $30M". TechCrunch. Retrieved June 11, 2026.
- ^ Bort, Julie (April 22, 2025). "Vibe coding helps Supabase nab $200M at $2B valuation just seven months after its last raise". TechCrunch. Retrieved June 11, 2026.
- ^ a b c Bort, Julie (June 5, 2026). "Supabase doubles valuation to $10B in 8 months". TechCrunch. Retrieved June 11, 2026.
- ^ "Supabase Raises $500M at $10.5B to Accelerate Lead in Agentic Infrastructure". PR Newswire. June 4, 2026. Retrieved June 13, 2026.
- ^ a b c d Lardinois, Frederic (September 25, 2024). "Supabase, a Postgres-centric developer platform, raises $80M Series C". TechCrunch. Retrieved June 11, 2026.
- ^ Wheatley, Mike (September 25, 2024). "Supabase, the Postgres-based application development platform, raises $80M in funding". SiliconANGLE. Retrieved June 13, 2026.
- ^ Tyson, Matthew (May 12, 2026). "Hands-on with React, Supabase, and PowerSync". InfoWorld. Retrieved June 13, 2026.
- ^ a b c "Database startup Supabase valued at $5 billion in funding led by Accel, Peak XV". Reuters. October 3, 2025. Retrieved June 11, 2026.
- ^ Anderson, Tim (April 16, 2024). "Supabase moves out of beta, adds supports for Swift, plugs in Oriole storage engine". DevClass. Retrieved June 13, 2026.
- ^ a b c Garfinkle, Allie (April 22, 2025). "Exclusive: Supabase raises $200 million Series D at $2 billion valuation". Fortune. Retrieved June 11, 2026.
- ^ Garfinkle, Allie (October 3, 2025). "Exclusive: Supabase raises $100 million at $5 billion valuation as vibe coding soars". Fortune. Retrieved June 13, 2026.
- ^ "GIC leads Supabase's $500M Series F funding". TechNode Global. June 5, 2026. Retrieved June 13, 2026.
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