Supabase, the popular Postgres development platform, has raised $100 million in Series E funding, valuing the company at $5 billion. The funding round was co-led by Accel and Peak XV, with participation from Figma Ventures and other returning investors. This milestone comes just four months after Supabase’s Series D, bringing its total funding to over $500 million.
Community Co-Investment Opportunity
In a move that underscores its community-first philosophy, Supabase announced plans to allocate a portion of the Series E round for its community members, giving open-source advocates the chance to co-invest alongside institutional partners.
“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.”
Supabase’s Growth and AI-Driven Momentum
Supabase has rapidly emerged as the backend of choice for AI-driven development. The platform powers over 100,000 customers including more than 50% of the latest Y Combinator batch, as well as enterprises such as 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.”
Shailendra Singh, Managing Director at Peak XV, added:
“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, reflecting our deep conviction in Paul, Ant, Rory and their leadership team.”
Scaling to Enterprise with Multigres
With the fresh funding, Supabase will accelerate work on “Multigres”, its enterprise-scale platform designed for large, data-intensive applications. To drive this initiative, the company has hired Sugu Sougoumarane, co-creator of Vitess, joining a team that already includes Postgres core contributors, the NGINX co-founder, and founders of multiple Y Combinator startups.
Caryn Marooney, General Partner at Coatue, commented:
“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. This new financing aims to accelerate Supabase’s efforts to become the backend for everyone, from startups to the most demanding, data-intensive enterprise workloads.”
Supabase’s Market Impact
With over 4 million developers using its platform, often alongside AI coding tools like Cursor and Claude Code, Supabase empowers developers to quickly spin up scalable backends. Its community-driven model, combined with enterprise-grade ambitions, positions Supabase as a defining player in the AI and software infrastructure ecosystem.