It’s been a whirlwind year for the vibe-coding world’s database of choice: Supabase. On Friday, Supabase announced that it raised a fresh $100 million Series E at a $5 billion valuation, led by Accel and Peak XV. This is just four months after closing its $200 million Series D at a $2 billion valuation, led by Accel.
And that Series D was just seven months after raising an $80 million Series C led by Sequoia spinoff Peak XV and David Sacks’ Craft Ventures at an undisclosed valuation. PitchBook estimated Supabase was valued at around $765 million in that deal, post-money.
So that’s $380 million raised in a year and a more than 500% valuation step up, assuming PitchBook’s estimates of the Series C valuation are in the ballpark. Supabase has now raised a total of $500 million, it says.
Open source database service Supabase was founded in 2020 by CEO Paul Copplestone and CTO Ant Wilson (pictured above), a few years before the LLM-powered vibe-coding craze spawned. It was originally a Y Combinator startup that offered developers a Postgres-based open source alternative to Google’s Firebase. Firebase is a database that was also designed to power AI apps.
Supabase combines Postgres with other enterprise-grade open source tools for features like authentication, auto-generated APIs, file storage, and a vector toolkit (necessary for many AI apps). It simplified the difficult parts of setting up a database down to a few button clicks. Consequently, it became a popular back end for vibe-coding tools — which write apps with natural language prompts — like fast-growing Lovable and Bolt. It is increasingly used as the database of choice for Figma and other uber popular AI coding tools like Replit, Cursor, and Claude Code, it says.
