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Cybersecurity
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Supabase — Operational Databases · fobi

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Coming soon

Agriculture Tech
Autonomy
Avatars & Digital Humans
Biotech / Synthetic Biology
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Commerce
Cybersecurity
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Supabase

Supabase provides an open-source Firebase alternative built on Postgres with auth, storage, and real-time subscriptions. Raised $116M Series B in 2023. Open-source first with managed hosting. Viral developer adoption. Added pgvector for AI embeddings.

The most popular open-source backend-as-a-service with 1M+ developers, democratizing Postgres for app builders and offering vector support.

supabase.com Operational Databases

United Statesprivate

At a glance

Total raised

$996M

last round series f

Headcount

201-500

approximate · public range

Headquarters

San Francisco

United States

Founded

2020

6 years active

Status

Private

Operational Databases

Latest valuation

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Date	Stage	Amount	Valuation	Lead investors
Jun 4, 2026	Series F	$500M	$10.5B	GIC
Oct 3, 2025	Series E	$100M	$5B

AI bull / bear

Bull case

Supabase has hit product-market fit with over 1 million developers, making it the dominant open-source backend-as-a-service. Its Postgres foundation is a strategic moat — developers trust Postgres, and Supabase layers on Firebase-style convenience (auth, storage, real-time subscriptions) without the lock-in fear that plagues Google's Firebase. The $116M Series B raised in 2023, during a brutal venture market, signals deep conviction that this is a platform bet, not a feature. The early addition of pgvector for AI embeddings was prescient: every AI app builder needs vector storage, and Supabase gives them that natively inside Postgres rather than as an add-on. Open-source distribution drives zero-cost customer acquisition through GitHub and word-of-mouth. As more startups and enterprises adopt Postgres as their standard, Supabase's managed hosting becomes the natural default — especially for teams that want Postgres power without DevOps overhead.

Bear case

Supabase's open-source model creates a fundamental monetization problem: the product is free to self-host, so converting active developers into paying managed-host customers is an uphill battle. Firebase, AWS Amplify, and Neon (also Postgres-native) are investing aggressively in the same developer mindshare. Neon's serverless Postgres with branching is a direct threat, and Google can subsidize Firebase pricing indefinitely. Supabase's real-time and storage layers introduce operational complexity at scale that pure Postgres providers don't carry. The viral developer adoption that built Supabase's brand also attracts low-value users unlikely to ever spend — a classic open-core trap where community growth outpacing revenue growth leads to layoffs or down-rounds. Without a clearer path to enterprise procurement, the $116M Series B valuation will demand revenue multiples that a developer-tools company with low average revenue per user will struggle to deliver.

Generated by deepseek-v4-flash · June 2, 2026Refreshes quarterly · see disclosures

Supabase

At a glance

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Funding history

How they make money

Founder backgrounds

Paul Copplestone

Ant Wilson

AI bull / bear

In the news

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Leadership

Products

Supabase Database & Auth

Supabase Storage & Realtime

Supabase Edge Functions

Open roles

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