Supabase, a platform specialising in Postgres-based development tools, has secured $100m in a Series E funding round, valuing the company at $5bn.
Accel and Peak XV co-led the round. Figma Ventures and other existing investors also took part.
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
The announcement follows a Series D round completed four months prior and brings Supabase’s total funding to more than $500m.
Accel partner Arun Mathew said: “Supabase is scaling with clarity and conviction while redefining what it means to build applications with AI.
“With millions of developers, enterprise validation, and a team of entrepreneurial builders, Supabase is emerging as the defining database for the next generation of software.”
The fresh capital will support continued investment in Multigres, an enterprise-scale version of the Supabase platform designed to handle large-scale, data-intensive workloads.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIn this connection, Supabase has recruited Sugu Sougoumarane, co-creator of Vitess, a cloud-native horizontally-scalable distributed database system, to lead the development of Multigres.
Sougoumarane joins Supabase alongside other notable database and open source founders. These include Postgres core contributors, the NGINX co-founder, and founders of several Y Combinator firms.
Supabase also plans to reserve a portion of the new funding round for its community members, allowing them to invest alongside institutional partners.
Supabase co-founder and CEO Paul Copplestone said: “Our community is what makes Supabase special, and it’s a priority to give them the opportunity to co-invest in what we’re building.
“With the new capital we’ll continue serving our community of over four million developers while building open source tools to scale Postgres.”
The company reports that more than four million developers are currently using its Postgres-based development platform.
The service is often deployed alongside tools such as Cursor and Claude Code for backend environments that integrate AI-driven commands.
More than 100,000 customers are claimed to be building on Supabase. These include a significant share of recent Y Combinator start-ups as well as enterprises such as PwC, McDonald’s, Github Next, Figma, Bolt, and Lovable.
