Supabase doubles valuation to $10B in 8 months

Key points

• Supabase, the open source database of choice for the vibe-coding world, has raised a $500 million Series F at a $10 billion pre-money valuation, the company announced Friday.
• That’s about $10.5 billion after the investment.
• The newly minted decacorn has been doubling its valuation every few months for a couple of years now, as vibe-coding tools have driven its usage to astounding growth.
• Database launches on Supabase have grown over 600% in the past year, with over 60% of them launched “by some sort of AI tool,” CEO and co-founder Paul Copplestone wrote in a blog post announcing the raise.
• The startup also now claims nearly 10 million developers as users, which has doubled in eight months.