Supabase, a platform that helps developers work with Postgres databases, has raised $100 million in Series E funding. The company is now valued at $5 billion. This funding round was led by Accel and Peak XV with support from Figma Ventures and other existing investors, showing strong confidence in Supabase’s growth.
This Series E round comes just four months after their Series D, bringing Supabase’s total funding to more than $500 million. The company plans to use this money to continue expanding its platform and supporting developers around the world.
As part of the Series E funding, Supabase plans to set aside some shares for its community members. This means that regular users and supporters can invest in the company alongside big institutional investors.
This move shows the founders’ dedication to their community and gives open source supporters a chance to be directly involved in the company’s growth and success.
“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,” said Paul Copplestone, co-founder and CEO of Supabase. “With the new capital, we’ll continue serving our community of over 4 million developers while building open source tools to scale Postgres.”
This funding round highlights a strong year for Supabase, which has become a top choice for AI-driven development. Many platforms, including Lovable and Bolt, are built on Supabase.
Supabase now serves over 100,000 customers, ranging from more than 50% of the latest Y Combinator startups to large companies like PwC, McDonald’s, and GitHub Next.
“Supabase is scaling with clarity and conviction while redefining what it means to build applications with AI,” said Arun Mathew, partner at Accel. “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.”
Peak XV’s Shailendra Singh continued, “We’re excited to co-lead Supabase’s Series E alongside Accel. Supabase started with managed Postgres but is now evolving into a platform company. Their incredible developer-first mindset has made them a critical enabler for hundreds of thousands of new AI startups globally, powering the AI supercycle for millions of developers. This is our third consecutive investment since co-leading their Series C a year ago, reflecting our deep conviction in Paul, Ant, Rory and their leadership team. We’re thrilled to continue this enduring partnership as Supabase scales to its next phase of growth.”
Over 4 million developers use Supabase, often together with tools like Cursor and Claude Code, because it lets them quickly create a backend that updates automatically using AI commands.
The new funding will help Supabase speed up work on “Multigres”, a bigger version of its platform made for large, data-heavy applications. To lead this project, Supabase has hired Sugu Sougoumarane, the co-creator of Vitess. He joins a growing team of top database and open source experts at Supabase, including Postgres core contributors, the NGINX co-founder, and the founders of several Y Combinator startups.
“We invested in Supabase at the seed because developers shouldn’t have to choose between speed and scale. Today, the ability to build in a weekend and scale to millions is not just possible, it’s routine with Supabase,” said Caryn Marooney, General Partner at Coatue. “This new financing aims to accelerate Supabase’s efforts to become the backend for everyone, from startups to some of the most demanding, data-intensive enterprise workloads.”
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