Supabase secured a $500M Series F round led by GIC, with participation from existing investors like Stripe and new ones such as Georgian and Salesforce Ventures.
Funds will accelerate the development of open-source and scalable Postgres tools while providing liquidity for employees.
The company launched Multigres v0.1 alpha, a scalable operating system for Postgres, in line with its growth strategy.
Database launches on Supabase grew 600% in the past year, with over 60% of new databases driven by AI tools. The platform has attracted nearly 10 million developers, more than doubling user growth in eight months, driven by partnerships and AI-based platforms.
Funding will focus on improving infrastructure reliability, performance, and user support. Supabase has a global remote team with employees in over 50 countries, supporting developer autonomy and community-driven open-source initiatives.