Supabase doubles valuation to $10B in 8 months
Supabase, an example of an open source project becoming a fast-growing company, has greatly benefited from AI tools like Claude, Codex, and other vibe-coding platforms.
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Supabase, the open source database of choice for the vibe-coding world, has raised a $500 million Series F at a $10 billion pre-money valuation, the company announced Friday. That’s about $10.5 billion after the investment. The newly minted decacorn has been doubling its valuation every few months for a couple of years now, as vibe-coding tools have driven its usage to astounding growth. Database launches on Supabase have grown over 600% in the past year, with over 60% of them launched “by some sort of AI tool,” CEO and co-founder Paul Copplestone wrote in a blog post announcing the raise. The startup also now claims nearly 10 million developers as users, which has doubled in eight months.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at TechCrunch.