In 2020, when the Open Source database was created, its general director from New Zealand, Paul Copplestone, couldn’t imagine that he could be in a sweet place for the largest trend in 2025: coding code.
But on Tuesday, the fruits of this became visible when it was announced the D series in the amount of $ 200 million at a valuation of $ 2 billion Fortune, run by ACCEL from Coatee, Y Combinator, Craft Ventures and long -time investor Feliciis participating in the round.
This fresh $ 200 million appears only seven months after the Supabase announced that it collected $ 80 million run by Peak XV (Spinoff Sequoia) and David Sacks Craft Ventures. At that point, Supabase wouldn’t comment on the valuation, but the Pitchbook took it to about 900 million dollars. To sum up, the startup has now raised about $ 398 million.
Supabase is one other example of how Open Source projects might be successful.
Offers the Firebase Open Source version, AI Google application programming platform and host applications for $ 600 per 30 daysor more for corporate users.
Supabase combines the postgres database of SQL Open Source with other open source tools of corporate class for functions, comparable to authentication, automatic API interfaces, file storage and a set of vector tools (mandatory for many AI applications).
Basically, it is like managing a Vibe database, softening the unbearable parts of SQL’s database setting as part of the application. Therefore, it has turn into a popular facilities for climate coding tools, comparable to the rapidly developing beloved.
As ałun y Combinator, Supabase became a tool for startups YC, CoppleStone said TechCrunch earlier. But it really comes with independent and corporate programmers.
The company had “crazy growth”, especially in the last two years, said TechCrunch, managing partner Felicis Aydin Senkut. (*2*)
Indeed, Supabase claims that over 1.7 million programmers, and the project also has over 81,000 stars per GitHub.
“It becomes the default facilities for the AI application and countless other categories of applications,” says Senkut.
Because he is based on postgres, Supabase has a street loan among programmers who must support hundreds of tens of millions of users. Postgres has a long Open Source database for corporate programmers when they do not need a high-price Oracle or Microsoft.
Supabase goes so far that he has a marketing slogan “Build at the weekend: scale to millions”
Although nothing really threatens the current Oracle position – it is as deeply embedded in the technology of existing Fortune 1000 firms as possible – the increase in Supabase is interesting to look at.
Another yield of the application of billions of users will probably be developed by AI, powered by AI, managed by AI.
And Supabase is already one of the databases.