Supabase CEO and founder Paul Copplestone, left, and Chief Technology Officer and founder Ant Wilson.
Source: Supabase Inc.
Coding with Vibe requires infrastructure. Supabase tries to provide you.
The startup, which makes back-end tools for building artificial intelligence applications, said on Thursday it raised $500 million at a valuation of $10.5 billion, the latest sign that venture investors want to pour money into all corners of the AI market that is showing signs of growth.
Supabase’s valuation has nearly doubled since its last funding round in October, coinciding with the wave of AI-assisted coding, which allows developers and non-technical people to quickly build apps and programs using simple text instructions.
Co-founded by CEO Paul Copplestone, Supabase has benefited greatly from the growing popularity of Anthropic’s Claude Code and OpenAI’s Codex. Those types of tools are now responsible for most of the data on the Supabase platform, with Claude Code becoming the biggest contributor in 2026, Copplestone said.
Supabase uses the popular open source database Postgres so that developers can store data, verify user registration and login, and easily build and scale their applications in the same environment.
Copplestone said the idea fell through when he first pitched it to an investor in 2014. He tried again six years later, after facing the limitations of scaling with the databases he was using at another startup.
“I built the tools around it, and I put it in the world,” Copplestone said. “It got really popular and, at that point in time, I decided, ‘Oh, this is the time I can build the startup I’ve been dreaming of.’
The funding round was led by GIC and included Accel, Y Combinator, Craft, Felicis, Coatue and fintech startup Stripe.
Since launching the company in 2020 with Chief Technology Officer Ant Wilson, Copplestone has attracted more than 250,000 customers and built 350 employees. Aims directly at the web services of companies such as MongoDB again Amazongiving the Aurora its cloud classification.
Along with Thursday’s announcement, the startup announced a preview of a new tool called Multigres, with the goal of helping companies developing on the Supabase platform to reach “the size of OpenAI or even more,” Copplestone said.
Group photo of the Supabase database startup.
Source: Supabase Inc.
“The product just works, and I think historically there have been a lot of challenges with scaling a database from a small, small application with one developer to some of the largest organizations, companies, applications in the world,” said Arun Mathew, partner at Accel. “Very few products do that.”
AI infrastructure implementation has been a hot topic for investors. In May of last year, Databricks bought database startup Neon for about $1 billion.
Mathew calls Supabase’s growth rate “amazing.”
“We’ve never seen a company grow at this pace, certainly in a data set, ever before,” Mathew said. “The fast-moving water is the river that is currently consuming AI infrastructure and early developer tools.”
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