Supabase doubles valuation to $10B in 8 months - TechCrunch
Quick Answer
Supabase has raised $500 million in Series F funding, achieving a $10 billion valuation, doubling in value every few months.
Quick Take
The company reports over 600% growth in the past year, largely driven by AI tools like Claude Code and Codex, which have expanded its user base significantly.
Key Points
- Supabase's valuation has doubled every few months for two years.
- The company grew over 600% in the past year.
- Over 60% of new databases are launched using AI tools.
- CEO Paul Copplestone credits Claude Code and Codex for growth.
- Supabase is favored by companies like Bolt, Figma, and Replit.
Article Excerpt
From source RSS / original summarySupabase, the open source database of choice for the vibe coding world, has raised a $500 million Series F at a $10 billion pre-money valuation, the company announced Friday. The newly minted decacorn has been doubling its valuation every few months for a couple of years now, as vibe coding tools have driven its usage to astounding growth: over 600% in the past year, with over 60% of new databases launched “by some sort of AI tool,” CEO and co-founder Paul Copplestone wrote in a blog post announcing the raise.
Copplestone particularly credits Claude Code and Codex for this growth because the popular AI models “expand the number of people who can build. ” Supabase is also a database of choice for Bolt, Figma, Lovable, Replit, and others. One of the more interesting things about Supabase is t
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