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Supabase doubles valuation to $10B in 8 months

CN
CitrixNews Staff
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Supabase doubles valuation to $10B in 8 months

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: over 600% in the past year, with over 60% of new databases launched “by some sort of AI tool,” CEO and co-founder Paul Copplestone wrote in a blog post announcing the raise.

Originally reported by TechCrunch