Supabase doubles valuation to $10B in 8 months
Key takeaways
- Supabase, the open source database of choice for the vibe coding world, has raised a $500 million Series F at a $10 billion pre-money valuation, the company announced Friday.
- The startup also now claims nearly 10 million developers as users, which has doubled in eight months.
- This new influx of cash follows a $100 million round at a $5 billion valuation in October.
Supabase, the open source database of choice for the vibe coding world, has raised a $500 million Series F at a $10 billion pre-money valuation, the company announced Friday. That s about $10.5 billion after the investment.
The newly minted decacorn has been doubling its valuation every few months for a couple of years now, as vibe coding tools have driven its usage to astounding growth: over 600% in the past year, with over 60% of new databases launched by some sort of AI tool, CEO and co-founder Paul Copplestone wrote in a blog post announcing the raise.
The startup also now claims nearly 10 million developers as users, which has doubled in eight months. Copplestone particularly credits Claude Code and Codex for this growth because the popular AI models expand the number of people who can build. Supabase is also a database of choice for Bolt, Figma, Lovable, Replit, and others.