Supabase has raised $500 million in a Series F led by Singapore’s GIC at a $10.5 billion valuation — more than quintupling from $2 billion just 15 months ago, bringing total funding to over $1 billion.
AI agents now deploy the majority of databases on the platform, with Claude Code named as the single largest contributor in 2026 — a direct signal that agentic AI has become Supabase’s primary growth engine.
The company also launched Multigres today, an open-source horizontal scaling layer for Postgres designed to handle workloads “up to the size of OpenAI or even larger,” per CEO Paul Copplestone.
In 2014, Paul Copplestone pitched a database idea to an investor in New Zealand. Nobody wanted it. Six years later, after dealing firsthand with the scaling limitations of databases at another startup, he built it anyway — put it on the internet, watched it go viral, and decided this time it was worth betting on. Today, that bet is worth $10.5 billion.
San Francisco-based Supabase, the open-source Postgres development platform co-founded by Paul Copplestone (CEO) and Ant Wilson (CTO), has raised $500 million in a Series F led by GIC, Singapore’s sovereign wealth fund. All existing investors participated, including Accel, Y Combinator, Craft, Felicis, Peak XV, and Coatue. Stripe is making its second investment in the company. Salesforce Ventures joins as a new investor. The round values Supabase at $10.5 billion post-money — up from $5 billion at the Series E just seven months ago in October 2025, and from $2 billion in March 2025. Total capital raised now exceeds $1 billion.
