Supabase raises $100m series E, valuation at $5b
Supabase, an open-source database service, announced a $100 million Series E funding round co-led by Accel and Peak XV. The investment places the company’s valuation at $5 billion, marking another significant capital infusion for the startup.
This latest funding follows a consistent pattern of high-value investments. Just four months prior, Supabase closed a $200 million Series D round led by Accel, which valued the company at $2 billion. That round occurred seven months after an $80 million Series C financing led by Sequoia spinoff Peak XV and David Sacks’ Craft Ventures. PitchBook estimated the post-money valuation for the Series C at approximately $765 million.
The combination of its Series C, D, and E rounds amounts to $380 million raised over the course of a single year. Based on PitchBook’s estimate for the Series C valuation, this period reflects a valuation increase of more than 500 percent. With the new capital, Supabase reports its total funding raised to date has now reached $500 million.
Founded in 2020 by CEO Paul Copplestone and CTO Ant Wilson, Supabase originated as a Y Combinator startup. It was created to provide developers an open-source, Postgres-based alternative to Google’s Firebase, a database also designed to power AI applications. The Supabase platform is engineered to simplify database setup by combining Postgres with a suite of open-source tools for key functions. These include authentication, auto-generated APIs, file storage, and a vector toolkit that is necessary for many AI-driven applications.
The service became a popular backend for applications that use natural language prompts to write code, such as Lovable and Bolt. Supabase also states it is the database of choice for several AI coding tools, including Figma, Replit, Cursor, and Claude Code. The company claims a user base comprising a community of 4 million developers. In conjunction with its Series E funding, Supabase announced it is allowing these community members to purchase company stock.
Featured image credit
FAQs
Frequently Asked Questions
What is a Premium Domain Name? A premium domain name is the digital equivalent of prime real estate. It’s a short, catchy, and highly desirable web address that can significantly boost your brand's impact. These exclusive domains are already owned but available for purchase, offering you a shortcut to a powerful online presence. Why Choose a Premium Domain? Instant Brand Boost: Premium domains are like instant credibility boosters. They command attention, inspire trust, and make your business look established from day one. Memorable and Magnetic: Short, sweet, and unforgettable - these domains stick in people's minds. This means more visitors, better recall, and ultimately, more business. Outshine the Competition: In a crowded digital world, a premium domain is your secret weapon. Stand out, get noticed, and leave a lasting impression. Smart Investment: Premium domains often appreciate in value, just like a well-chosen piece of property. Own a piece of the digital world that could pay dividends. What Sets Premium Domains Apart? Unlike ordinary domain names, premium domains are carefully crafted to be exceptional. They are shorter, more memorable, and often include valuable keywords. Plus, they often come with a built-in advantage: established online presence and search engine visibility. How Much Does a Premium Domain Cost? The price tag for a premium domain depends on its desirability. While they cost more than standard domains, the investment can be game-changing. Think of it as an upfront cost for a long-term return. BrandBucket offers transparent pricing, so you know exactly what you're getting. Premium Domains: Worth the Investment? Absolutely! A premium domain is more than just a website address; it's a strategic asset. By choosing the right premium domain, you're investing in your brand's future and setting yourself up for long-term success. What Are the Costs Associated with a Premium Domain? While the initial purchase price of a premium domain is typically higher than a standard domain, the annual renewal fees are usually the same. Additionally, you may incur transfer fees if you decide to sell or move the domain to a different registrar. Can I Negotiate the Price of a Premium Domain?
In some cases, it may be possible to negotiate the price of a premium domain. However, the success of negotiations depends on factors such as the domain's demand, the seller's willingness to negotiate, and the overall market conditions. At BrandBucket, we offer transparent, upfront pricing, but if you see a name that you like and wish to discuss price, please reach out to our sales team.
How Do I Transfer a Premium Domain?
Transferring a premium domain involves a few steps, including unlocking the domain, obtaining an authorization code from the current registrar, and initiating the transfer with the new registrar. Many domain name marketplaces, including BrandBucket, offer assistance with the transfer process.
