
Supabase raises $500M at $10.5 billion valuation
Supabase has raised $500 million in new funding, bringing its valuation to around $10.5 billion. This funding round, led by Singapore's GIC and joined by investors like Stripe and Salesforce Ventures, may help Supabase grow its business for large companies and expand worldwide. The company plans to use the money for better security, more global services, improved login options, and new AI tools. While Supabase's overall market share is still small, recent growth suggests it might be moving from smaller projects to more enterprise use. Investors appear to believe that Supabase's open source model and new features could help it win bigger clients in the future.













