Supabase Hits $10.5B Valuation After $500M Series F Round
Supabase raised $500M at a $10.5B valuation, doubling its worth in seven months.
"AI agents are literally deploying most of Supabase's databases now. The robots aren't coming for your job — they're coming for your cloud bill."
Supabase, the open-source Postgres development platform, announced a $500 million Series F funding round on June 4, 2026, valuing the company at $10.5 billion post-money. The round was led by GIC, Singapore's sovereign wealth fund, with returning investors Accel, Y Combinator, Craft, Felicis, Peak XV, and Coatue participating. Stripe made a second investment, and Salesforce Ventures joined as a new backer. Total capital raised now exceeds $1 billion.
Founded in 2020 by CEO Paul Copplestone and CTO Ant Wilson, Supabase now serves over 250,000 customers with a team of 350. The company's user base more than doubled since its October Series E, and databases on the platform grew 600% year-over-year. Copplestone disclosed that Claude Code is the platform's largest contributor in 2026, with AI agents now deploying the majority of databases. Supabase for Platforms posted a 370% customer increase in six months. The company also previewed Multigres, an open-source scaling layer for Postgres.
The fundraise signals a structural shift in database infrastructure demand, driven by agentic AI workflows. As autonomous agents spin up databases at scale, platforms like Supabase are becoming foundational AI infrastructure — not just developer tools.
AI agents are now a primary driver of database creation, making infrastructure platforms like Supabase critical to any AI-powered product strategy. Executives building with AI tools should expect backend infrastructure costs and complexity to scale faster than anticipated. Supabase's growth trajectory also signals that open-source Postgres tooling is winning the enterprise database layer.
Related stories
Find the right AI tool for your business
Chat with Insta and get matched to the right tool in seconds.
Try Insta Tool Finder →