What’s Up? Supabase Scores $500 Million Series F

<p><span class&equals;"legendSpanClass"><strong>SAN FRANCISCO<&sol;strong> <&sol;span>&&num;8212&semi; <a href&equals;"https&colon;&sol;&sol;edge&period;prnewswire&period;com&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4700211-1&amp&semi;h&equals;2912337461&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fsupabase&period;com&percnt;2F&amp&semi;a&equals;Supabase" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Supabase<&sol;a>&comma; an open source Postgres development platform&comma; has announced a &dollar;500 million Series F at a &dollar;10&period;5 billion post-money valuation&period; The round was led by GIC with all existing investors participating including Accel&comma; Y Combinator&comma; Craft&comma; Felicis&comma; Peak XV&comma; and Coatue&period; Stripe is doubling down on Supabase with its second investment in the company and Salesforce Ventures joined the round&period; The funding comes just seven months after the company&&num;8217&semi;s Series E&comma; bringing total capital raised to over &dollar;1 billion&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Demand for Supabase is exploding&period; Our user base has more than doubled since the Series E and we&&num;8217&semi;ve seen a 600&percnt; increase in databases year-over-year&period; Claude Code is the largest contributor since the start of the year&period; Agents are now deploying the majority of databases on our platform&comma;&&num;8221&semi; said Paul Copplestone&comma; Co-founder and CEO of Supabase&period;<&sol;p>&NewLine;<p>Supabase has over 250&comma;000 customers with many enterprises now turning to Supabase as the backend infrastructure for their AI-native applications&period; The platform works natively with modern AI tools&comma; allowing agents to spin up thousands of customer databases per day&period; Supabase for Platforms&comma; the product powering most of the top AI app builders&comma; has had 370&percnt; customer growth in the past six months&period;<&sol;p>&NewLine;<p>Supabase has also released a preview of <a href&equals;"https&colon;&sol;&sol;edge&period;prnewswire&period;com&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;4700211-1&amp&semi;h&equals;2479139322&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fmultigres&period;com&percnt;2F&amp&semi;a&equals;Multigres" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">Multigres<&sol;a>&comma; an open source scaling layer for Postgres&period; Teams that outgrow a single Postgres instance are often required to migrate to a different database system&comma; sacrificing the rich ecosystem and tooling&period; Multigres solves this problem&period; It is an open source horizontal scaling layer that brings sharding&comma; zero-downtime migrations&comma; and high availability to the Postgres ecosystem&period;<&sol;p>&NewLine;