Supabase Secures $500 Million to Further Enhance Agentic Infrastructure Leadership
On June 4, 2026, Supabase, the leading open-source Postgres development platform, announced a substantial $500 million Series F funding round, which increased its post-money valuation to an impressive $10.5 billion. The round was spearheaded by GIC, with participation from all existing investors, including Accel, Y Combinator, Craft, Felicis, Peak XV, and Coatue. Notably, Stripe is deepening its investment by contributing for the second time, alongside the entry of Salesforce Ventures into the funding circle. This latest funding comes just a mere seven months after Supabase completed its Series E, elevating its total capital raised to above $1 billion.
"The demand for Supabase is surging, with our user base more than doubling since the last funding round. We have witnessed a staggering 600% year-over-year growth in database usage," stated Paul Copplestone, co-founder and CEO of Supabase. Underlining this rise in demand, the platform still has over 250,000 users, including several enterprises that are increasingly relying on Supabase as the robust backend infrastructure for their AI-native applications. Remarkably, Supabase's product offering for platforms, critical in supporting many top AI application developers, has enjoyed a phenomenal growth rate of 370% in customer acquisition over the past six months.
As part of this announcement, Supabase is also excited to unveil a preview of Multigres, a new open-source scaling layer designed explicitly for Postgres. Many teams that outgrow a single Postgres instance typically find it essential to transition to a different database, leading to challenges with ecosystem compatibility and tooling. Multigres aims to address this issue effectively. This innovative solution introduces a horizontal scaling layer that incorporates sharding, allows for zero-downtime migrations, and ensures high availability for the Postgres ecosystem.
Currently, an early preview of Multigres is available under the Apache 2.0 license, and interested teams can apply through Supabase’s Partner Program via their official website. Supabase is setting itself up at the forefront of agentic infrastructure, a sector gaining popularity as more developers and businesses aim to leverage advanced technologies.
Founded in 2020, Supabase offers a comprehensive backend solution, including a Postgres database, authentication, storage, edge functions, real-time subscriptions, and vector search capabilities, alongside a growing ecosystem of over 100 integrated partner tools. With over 9 million developers leveraging their platform, Supabase is positioned as a critical player for those looking to build application advancements rooted in modern AI technologies. As trends in AI continue to evolve, Supabase’s commitment to facilitating seamless database management for high-demand AI applications showcases its potential for future growth and innovation in the field. For more information, visit supabase.com.
"The demand for Supabase is surging, with our user base more than doubling since the last funding round. We have witnessed a staggering 600% year-over-year growth in database usage," stated Paul Copplestone, co-founder and CEO of Supabase. Underlining this rise in demand, the platform still has over 250,000 users, including several enterprises that are increasingly relying on Supabase as the robust backend infrastructure for their AI-native applications. Remarkably, Supabase's product offering for platforms, critical in supporting many top AI application developers, has enjoyed a phenomenal growth rate of 370% in customer acquisition over the past six months.
As part of this announcement, Supabase is also excited to unveil a preview of Multigres, a new open-source scaling layer designed explicitly for Postgres. Many teams that outgrow a single Postgres instance typically find it essential to transition to a different database, leading to challenges with ecosystem compatibility and tooling. Multigres aims to address this issue effectively. This innovative solution introduces a horizontal scaling layer that incorporates sharding, allows for zero-downtime migrations, and ensures high availability for the Postgres ecosystem.
Currently, an early preview of Multigres is available under the Apache 2.0 license, and interested teams can apply through Supabase’s Partner Program via their official website. Supabase is setting itself up at the forefront of agentic infrastructure, a sector gaining popularity as more developers and businesses aim to leverage advanced technologies.
Founded in 2020, Supabase offers a comprehensive backend solution, including a Postgres database, authentication, storage, edge functions, real-time subscriptions, and vector search capabilities, alongside a growing ecosystem of over 100 integrated partner tools. With over 9 million developers leveraging their platform, Supabase is positioned as a critical player for those looking to build application advancements rooted in modern AI technologies. As trends in AI continue to evolve, Supabase’s commitment to facilitating seamless database management for high-demand AI applications showcases its potential for future growth and innovation in the field. For more information, visit supabase.com.
Topics Business Technology）
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