June 2026 – Database startup Supabase has announced a $500 million funding round, pushing its valuation to $10.5 billion. The company, co-founded by Paul Copplestone and Ant Wilson, has become a central player in the rise of vibe coding, a phenomenon where developers and non-technical users build apps through simple text prompts.
Supabase provides back-end infrastructure for AI-assisted coding, leveraging Postgres to help developers store data, authenticate users, and scale applications. The company has seen explosive growth as tools like Anthropic’s Claude Code and OpenAI’s Codex drive demand for accessible, developer-first platforms. Copplestone noted that Claude Code is now the largest contributor to databases on Supabase’s platform in 2026.
The latest funding round was led by GIC, with participation from Accel, Y Combinator, Craft, Felicis, Coatue, and Stripe. Supabase’s valuation has nearly doubled since October, reflecting investor enthusiasm for AI infrastructure startups. Since its launch in 2020, the company has attracted over 250,000 customers and built a team of 350 employees, positioning itself against competitors like MongoDB and Amazon Aurora.
Alongside the funding announcement, Supabase introduced Multigres, a new tool designed to help companies scale applications “up to the size of OpenAI or even larger.” Investors praised the company’s rapid growth and technical reliability, with Accel partner Arun Mathew calling Supabase’s trajectory “phenomenal” and unprecedented in the database sector.
Supabase’s rise underscores the broader momentum in AI infrastructure and developer-first tools, a sector that has become a hotbed for acquisitions and investment. With vibe coding reshaping how applications are built, Supabase is positioning itself as a backbone for the next generation of AI-powered development.
