Startup profile · funding coverage

Supabase

Supabase raised $500M at a $10.5B valuation in June 2026, led by GIC, as demand from AI app builders pushes the open-source backend platform to new heights.

Stage

See coverage

Status

private

Coverage

full

Why Supabase is interesting

Builders — increasingly AI-assisted — need databases, authentication, storage, and APIs without standing up infrastructure. Supabase packages an open-source Postgres-based backend that ships in minutes. - The explosion in AI-assisted and "vibe-coded" apps is creating a new wave of developers. - These builders want batteries-included infrastructure, not DevOps. - Open-source distribution drives bottoms-up adoption that compounds. Supabase raised $500M at a $10.5B valuation in June 2026, led by GIC, as demand from AI app builders pushes the open-source backend platform to new heights.

Key facts

Disclosed financing: $500M
Covered in 1 Venture Capital Tracker article(s)

Industries

AI & Machine Learning Infrastructure & Cloud Developer Tools

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