Supabase, the open-source platform revolutionizing Postgres development, has recently secured a substantial 0 million in Series F funding, elevating its post-money valuation to an impressive .5 billion. This funding round was spearheaded by GIC, with participation from existing investors such as Accel, Y Combinator, Craft, Felicis, Peak XV, and Coatue. Notably, Stripe has reaffirmed its confidence in Supabase with a second investment, while Salesforce Ventures has also joined this significant funding initiative. This latest influx of capital arrives just seven months after the company’s Series E round, bringing the total capital raised to over billion.
“The demand for Supabase is exploding,” remarked Paul Copplestone, Co-founder and CEO of Supabase. “Our user base has more than doubled since the Series E, and we’ve observed a staggering 600% increase in databases year-over-year. Claude Code has emerged as the largest contributor since the beginning of the year, with agents now deploying the majority of databases on our platform.” Currently, Supabase boasts over 250,000 customers, with a growing number of enterprises leveraging its capabilities as the backend infrastructure for their AI-native applications. The platform seamlessly integrates with modern AI tools, empowering agents to create thousands of customer databases daily. Supabase for Platforms, which supports many leading AI application builders, has experienced a remarkable 370% growth in customer adoption over the past six months.
Multigres Preview Release
In a significant development, Supabase has unveiled a preview of Multigres, an innovative open-source scaling layer designed specifically for Postgres. As organizations expand, they often face the daunting task of migrating from a single Postgres instance to an entirely different database system, which can mean sacrificing the rich ecosystem and tooling that Postgres offers. Multigres addresses this challenge by providing a horizontal scaling layer that incorporates sharding, zero-downtime migrations, and high availability into the Postgres ecosystem.
The early preview of Multigres is now accessible under the Apache 2.0 license. Teams interested in exploring this new offering can apply to join the Partner Program at https://supabase.link/mg-partner.
Founded in 2020, Supabase has established itself as a leader in agentic infrastructure, serving over 9 million developers and the majority of AI application builders. The platform provides a comprehensive backend solution that includes a Postgres database, authentication, storage, edge functions, real-time subscriptions, and vector search, along with a growing marketplace of over 100 integrated partner tools. For more information, visit supabase.com.
