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Supabase Raises $100M in Series E at $5B Valuation
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Supabase, a San Francisco, CA-based provider of a postgres development platform, raised $100M in Series E funding at a $5 Billion valuation.
The round was led by Accel and Peak XV with participation from Figma Ventures and others.
The company intends to use the funds to accelerate its work on “Multigres”, an enterprise-scale version of its platform designed for large, data-intensive applications.
Led by CEO Paul Copplestone, Supabase is a postgres development platform provider.
Platforms like Lovable and Bolt use it, alongside more than 100,000 customers, from over 50% of the latest Y Combinator batch, to enterprises such as PwC, McDonald’s, and Github Next, allowing them to quickly spin up a backend that instantly updates itself with commands from AI.
The round followed its Series D, bringing their total funding to over $500M.
source; FinSMEs
image source; TechCrunch
The round was led by Accel and Peak XV with participation from Figma Ventures and others.
The company intends to use the funds to accelerate its work on “Multigres”, an enterprise-scale version of its platform designed for large, data-intensive applications.
Led by CEO Paul Copplestone, Supabase is a postgres development platform provider.
Platforms like Lovable and Bolt use it, alongside more than 100,000 customers, from over 50% of the latest Y Combinator batch, to enterprises such as PwC, McDonald’s, and Github Next, allowing them to quickly spin up a backend that instantly updates itself with commands from AI.
The round followed its Series D, bringing their total funding to over $500M.
source; FinSMEs
image source; TechCrunch
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