Supabase nabs $ 5b valuation, four months after $ 2b hit

It was one year of tornadoes for the database of the world’s choice: Supabase. On Friday, Supabase announced that it has increased a new range of $ 100 million E in valuation of $ 5 billion, led by Accel and Peak XV. This is just four months after the $ 200 million D series closes with a valuation of $ 2 billion, led by ACCEL.

And this D series was just seven months after increasing an C 80 million C series, led by Sequoia Spinoff Peak XV and David Sacks’ Craft Ventures in a non -announced valuation. The Pitchbook estimates that Supabase was estimated at about $ 765 million in this deal after money.

Thus, this is $ 380 million increasing in one year and one step over 500% upward valuation, assuming Pitchbook estimates for the CC series are in the park. Supabase has now set a total of $ 500 million, he says.

The Database Database service of the Open Source Service was founded in 2020 by Managing Director Paul Copplestone and CTO Ant Wilson (illustrated), a few years before the creation of Craze Code-Coding fueled by LLM. It was initially a start of the Y Combinator that offered developers an alternative to postgres based on Google Firebase. Firebase is a database designed to feed AI applications.

Supabase combines Postgres with other open source tools for businesses for functions such as authentication, APIs automatically created, file storage and a carrier tool (which is essential for many AI applications). Simplify the difficult parts of creating a database in a few buttons. Consequently, it became a popular rear end for vibe coding tools-which write applications with natural languages-such as rapidly growing lovable and bolts. It is increasingly used as a selection database for Figma and other popular AI encoding tools such as Replit, Runner and Claude Code, he says.

Interestingly, Supabase is open source and is supported by a developer community – supporting 4 million developers as users – allows community members to also buy stocks as part of this funding of E series E, the company said.