Supabase joined the Unicorn Club on April 22, 2025 after raising a $100 million Series E funding round. Headquartered in Singapore, Singapore, Supabase provides a cloud-based open-source application backend development platform. It offers Postgres databases, APIs, authentication, storage, edge functions, media management dashboards, and tools to manage table relationships, edit schemas, sort data, and clone tables.
Keep reading to learn how Supabase scaled into a $5.12B unicorn in database and application development tools.
What Is Supabase and What Does It Do?
Founded in 2020, Supabase is a cloud-based open-source backend platform that simplifies application and backend development. It enables developers to build and deploy applications using Postgres databases with integrated APIs, authentication, storage, edge functions, and media management dashboards.
Supabase helps users manage database schemas, table relationships, and data efficiently, providing a developer-friendly interface and open-source tools for scalable backend development across web and mobile applications.
How Much Funding Has Supabase Raised?
1. Series E Round
- Amount Raised: $100 million
- Date: October 2, 2025
- Lead Investors: Coatue, Peak XV Partners
- Purpose: Expand platform features, grow engineering and support teams, and accelerate global adoption
2. Earlier Rounds (Seed to Series D)
- Cumulative Funding: ~$401 million
- Key Investors: Coatue, Peak XV Partners, other early-stage investors
- Purpose: Platform development, open-source community growth, product launches, and scaling operations
Total Funding Raised: Approximately $501 million
Latest Funding Date: October 2, 2025
Latest Known Valuation: $5.12 billion
Employee Count: 51–200 as of July 17, 2025
Key Investors
- Coatue
- Details: Venture capital firm investing in high-growth technology companies
- Focus Areas: Cloud platforms, open-source infrastructure, enterprise software
- Peak XV Partners
- Details: Investment firm supporting innovative tech startups
- Focus Areas: Software, PaaS, and open-source developer tools
Where Is Supabase’s Headquarters?
Supabase is headquartered in Singapore, Singapore, supporting global engineering, product development, and operations for its open-source backend platform.
What’s Next for Supabase?
Supabase plans to use its Series E funding to expand its open-source backend platform, enhance developer tools and APIs, and grow adoption among startups, enterprises, and open-source communities. The company aims to scale its global presence, improve edge functions, and continue innovating in database and application development solutions.
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