In 2020, when open supply database Supabase was based, its New Zealand-based CEO, Paul Copplestone, couldn’t have imagined it could be sitting within the candy spot for 2025’s greatest pattern: vibe coding.
However on Tuesday, the fruits of that turned evident when it introduced a $200 million Sequence 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 Sacks’ Craft Ventures. Supabase wouldn’t touch upon the valuation at the moment, however PitchBook put it at about $900 million. All instructed, the startup has now raised about $398 million.
Supabase is one other instance of how commercially profitable open supply tasks might be.
It provides an open supply model of Firebase, Google’s database AI app improvement platform, and hosts the apps for as much as $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 (mandatory for a lot of AI apps).
Basically, it’s like vibe database administration, easing the pesky components of getting a SQL database arrange as a part of app improvement. Consequently, it has turn out to be a preferred again finish for the vibe coding instruments like fast-growing Lovable.
As a Y Combinator alum, Supabase has turn out to be a go-to software for YC startups, Copplestone beforehand instructed 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 associate Aydin Senkut tells TechCrunch. “Its greatest asset is the neighborhood of builders, which rocketed previous 1 million and rising by hundreds day-after-day.”
Certainly, Supabase now claims over 1.7 million builders and the undertaking has over 81 thousand stars on GitHub, too.
“It’s turning 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 help hundreds to hundreds of thousands of customers. Postgres has long-been an open supply database for enterprise builders after 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 and marketing tagline of “construct in a weekend: scale to hundreds of thousands”
Whereas nothing will actually threaten Oracle’s present standing — it’s as deeply embedded within the tech of current Fortune 1000 firms as doable — the rise of Supabase is fascinating to observe.
The subsequent crop of billion-user apps will probably be AI-developed, AI-powered, AI-managed.
And Supabase is already one of many go-to databases for that.
