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Supabase Soars to $10 Billion Valuation on AI Coding Surge

Andrew LeeAndrew Lee2w ago

Supabase Soars to $10 Billion Valuation on AI Coding Surge

Supabase has raised 500 million dollars in a Series F round that values the company at 10 billion dollars before the investment.

This marks a doubling of its valuation in just eight months from the previous round.

Supabase's Rapid Rise in the AI Era

The funding round was led by GIC with participation from Stripe, Georgian, and Salesforce Ventures.

Supabase now serves nearly 10 million developers a figure that has doubled recently.

Over 60 percent of new databases on the platform are launched using AI tools according to the company.

How This Changes App Building for Everyone

Supabase builds on the long established open source Postgres database to simplify scaling for growing apps.

The company recently introduced Multigres as a management system to handle complex tasks like backups and replicas more easily.

Its approach avoids heavy customization for big enterprise deals in favor of a focused product vision.

This success signals how AI is lowering barriers so more people can create useful software without deep technical skills.

In the coming years such tools could accelerate innovation across many industries by making reliable databases accessible to hobbyists and small teams alike.

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