In 2020, when open supply database Supabase was based, its New Zealand-based CEO, Paul Copplestone, couldn’t have imagined it will be sitting within the candy spot for 2025’s largest development: vibe coding.
However on Tuesday, the fruits of that grew to become evident when it announced a $200 million series D at a $2 billion post-money valuation led by Accel, with Coatue, Y Combinator, Craft Ventures, and longtime investor Felicis collaborating within the spherical, Fortune reported.
This recent $200 million comes simply seven months after Supabase introduced it raised $80 million led by Peak XV (a Sequoia spinoff) and David Sach’s Craft Ventures. Supabase wouldn’t touch upon the valuation at the moment, however PitchBook put it at about $900 million. All advised, the startup has now raised about $398 million.
Supabase is one other instance of how commercially profitable open supply initiatives may be.
It gives an open supply model of Firebase, Google’s database AI app growth platform, and hosts the apps for up to $600 a month, or extra for enterprise customers.
Supabase combines the open supply SQL database Postgres with different enterprise-grade open supply instruments for options like authentication, auto-generated APIs, file storage, and a vector toolkit (crucial for a lot of AI apps).
Primarily, it’s like vibe database administration, easing the pesky elements of getting a SQL database arrange as a part of app growth. Consequently, it has turn into a well-liked again finish for the vibe coding instruments like fast-growing Lovable.
As a Y Combinator alum, Supabase has turn into a go-to device for YC startups, Copplestone beforehand advised TechCrunch. But it surely’s actually coming into its personal with unbiased, and enterprise builders.
The corporate has had “insane development” particularly within the final two years, Felicis managing companion Aydin Senkut tells TechCrunch. “Its largest asset is the group of builders, which rocketed previous 1 million and rising by 1000’s every single day.”
Certainly, Supabase now claims over 1.7 million builders and the undertaking has over 81 1000’s stars on GitHub, too.
“It’s changing into the default again finish for AI apps and myriad different classes of apps,” Senkut says.
As a result of it’s primarily based on Postgres, Supabase has avenue cred with builders that must assist 1000’s to tens of millions of customers. Postgres has long-been an open supply database for enterprise builders once they don’t want the superpowers – and excessive price ticket – of an Oracle or Microsoft database.
Supabase goes as far as to have a advertising tagline of “construct in a weekend: scale to tens of millions”
Whereas nothing will really threaten Oracle’s present standing — it’s as deeply embedded within the tech of present Fortune 1000 firms as potential — the rise of Supabase is attention-grabbing to observe.
The subsequent crop of billion-user apps will likely be AI-developed, AI-powered, AI-managed.
And Supabase is already one of many go-to databases for that.