Open source Postgres-based backend-as-a-service platform for app developers.
The product: an open-source, Postgres-based backend-as-a-service, basically everything an app needs behind the scenes (database, auth, storage, APIs) without building it from scratch. The twist of 2026 is that AI agents now spin these backends up on their own, and they keep choosing Postgres, a technology older than most of the founders chasing it. $500M Series F at $10.5B led by GIC. Everyone sprints after the shiny new model; the smart money quietly bets on the plumbing, and the boring layer almost always wins.
Read the full weekly →Around 375 people on the team.
Supabase, an open source Postgres-based backend-as-a-service platform for app developers, has raised $600M across two rounds and carries a network centrality score of 72. It is backed by Accel, Peak XV, Y Combinator, Craft, Felicis, Coatue, and Stripe, placing it in a developer-tools and infrastructure cluster shaped by those investors. Through shared capital it connects most closely to Anthropic (four shared investors), then to Vercel, Legora, Skild AI, Raycast, Snyk, Razorpay, and Miro (three shared investors each), a mix that spans AI, developer tooling, and security. With 375 staff, its main hubs are the San Francisco Bay Area (35%) plus smaller bases in Austin, Copenhagen, and Helsinki (5% each).
| Date | Round | Amount |
|---|---|---|
| Jun 2026 | Series D Plus Supabase raised a 500M USD Series F led by GIC at a 10.5B USD post-money valuation, driven by AI-agent demand for its Postgres backend platform. | $500M |
| Oct 2025 | Series D Plus Supabase closed a $100 million Series E led by Accel and Peak XV at a $5 billion valuation. | $100M |
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