Supabase
The open-source Postgres backend that AI coding agents reach for first. Valued at $10.5 billion in June, it now grows mostly on databases that agents, not people, create.
Pulse 2.0, Oct 2, 2026; CNBC, Jun 4, 2026- Valuation
- $10.5B post-money, Series F in June 2026, double the $5B of Oct 2025.
- Raised
- $650M in 2026 one equity offering on Form D, $500M announced in June plus $150M in October.
- AI
- About 70% of new databases are created by agents or AI tools, per the company.
- Liquidity
- Staff sale in Oct part of the $150M round bought shares from employees; price not disclosed.
- Watch
- 16,000 databases of customer apps found exposing personal data, per UpGuard research.
- Deal
- Bought Turso a SQLite database company built for agents, price not disclosed.
- Hiring
- 54 → 64 remote listings since Oct 10.
Free to start, then paid by plan and by usage.
Supabase gives developers a Postgres database with login, file storage and serverless functions. Plans run from free to $25 and $599 a month, then compute, storage and data transfer are billed on top. Enterprise is priced by contract. The code can also be self-hosted for free, so the business is selling the managed version.
Supabase pricing page- 1The default backend for AI-built appsOver 9 million developers and, per the company, most AI app builders. Claude Code was the largest source of new databases in 2026.Orrick, Jun 2026; CNBC, Jun 4, 2026
- 2Other builders resell itSupabase for Platforms lets app-building tools spin up databases for their own users; its customers grew 370% in six months.Orrick, Jun 2026
- 3Scale that compoundsAdds over 1 million users and 4 million databases a month, with over 13 million developers on the platform.Pulse 2.0, Oct 2, 2026
- Alphabet$3412Blisted, Oct 30 close
- Amazon$2592Blisted, Oct 30 close
- Databricks (owns Neon)$134Bprivate, Feb 9
- MongoDB$28.4Blisted, Oct 30 close
- Supabase$10.5BSeries F, Jun 4
Private values are the last reported round; they can be stale. Listed values are market value. Bars start at zero.
Every round, and what its terms give away.
Supabase is private, so there is no share price. What its investors paid, and on what terms, is the closest thing to one.
- $10.5B
- latest valuation, Series F Jun 4
- 350
- employees, as reported
Supabase does not publish revenue or profit. It reports usage instead: databases up 600% a year and over 250,000 customers.
CNBC, Jun 4, 2026; IT BriefPost-money valuations as reported. The line starts at zero. Rounds without a reported valuation are left off.
- Oct 2Series F extension (as filed)$150MLed by GICWith CapitalG, IronArc and SquarePeg. Part went to buying employee shares. Form D/A adds it to the May 2026 offering.Pulse 2.0, Oct 2, 2026; SEC Form D/A
- Jun 4Series F$500M at $10.5BLed by GIC. About 5% of the company, if all new sharesAll existing investors joined; Stripe invested again and Salesforce Ventures came in.IT Brief, Jun 8, 2026; CNBC, Jun 4, 2026
- Oct 3Series E$100M at $5.00BLed by Accel and Peak XV. About 2% of the company, if all new sharesCommunity members could buy in. Form D/A later shows $143.1M sold in this offering.TechCrunch, Oct 3, 2025; SEC Form D/A, Feb 2026
- Apr 22Series D$200M at $2.00BLed by Accel. About 10% of the company, if all new sharesWith Coatue, Y Combinator, Craft Ventures and Felicis.Fortune, Apr 22, 2025
- Sep 25Series C$80MLed by Peak XV and Craft VenturesValuation not disclosed; PitchBook estimated about $765M, as reported by TechCrunch.TechCrunch via Yahoo Finance, Sep 25, 2024
- May 16Series B$80MLed by Not named in our sourceDate is the Form D filing date; round size from TechCrunch's Series C report.SEC EDGAR Form D list; TechCrunch, Sep 2024
- Down or flat round?No. $10.5B in June 2026 against $5B in Oct 2025, about 2.1 times higher. The October money disclosed no new price.IT Brief; TechCrunchClear
- How much the last priced round sold$500M at $10.5B post-money is about 4.8% of the company.IT Brief, Jun 8, 2026Clear
- Time since the last raiseOne month. $150M announced Oct 2, 2026, four months after the Series F.Pulse 2.0, Oct 2, 2026Clear
- Who ledA new outside lead: GIC, Singapore's sovereign fund, led both 2026 raises; CapitalG joined in October.Pulse 2.0; IT BriefClear
- Unusual termsNo preference, ratchet or warrant terms reported. Form D shows equity only and no sales commissions; deeper terms are not public.SEC Form D/A, Sep 22, 2026Open
- Employee liquidityYes: part of the October $150M bought shares from employees. The price paid was not disclosed.Pulse 2.0, Oct 2, 2026Clear
- Layoffs in the last 12 monthsNone found in news searches through Oct 31, 2026. Headcount was about 350 in June.CNBC, Jun 4, 2026; news searchClear
Clear: checked, nothing found. Flag: found, with the source. Open: could not be checked.
No filing reported
- Oct 2. Part of the $150M October round bought shares from employees; price not disclosed.
What the record says, and what we think it means.
The fact is the source's. The read, in italics, is ours.
- 01Good
Raised $150 million and bought Turso in the same week.
Pulse 2.0, Oct 2, 2026; Supabase blogOct 2, 2026: $150M led by GIC with CapitalG, IronArc and SquarePeg, plus a deal for Turso, a SQLite database firm. Turso's founder now leads agentic services.
The money is being spent on the agent bet, not just runway. Expect hiring around agent databases and Turso's existing customers.
- 02Good
Valuation doubled in eight months.
IT Brief, Jun 8, 2026$500M Series F at $10.5B post-money, led by GIC, after a $5B Series E in Oct 2025 and $2B in Apr 2025.
Investors are paying up for growth. A higher price helps staff whose grants came earlier, and makes new grants pricier to grow from.
- 03Neutral
The October money was filed as more of the Series F.
SEC Form D/A, Sep 22, 2026A Sept 22 Form D amendment lifts the May 2026 equity offering from $500M to $650.0M, same first-sale date, 29 investors.
That suggests the $150M was sold on Series F terms, not at a new price. Our read, not stated by the company.
- 04Neutral
The Series E ended up 43% bigger than announced.
SEC Form D/A, Feb 9, 2026Announced as $100M in Oct 2025; a Feb 2026 Form D amendment shows $143.1M sold to 14 investors.
Likely the community allocation plus late additions. Announced round sizes here can understate what was raised.
- 05Watch
Customer apps are leaking data.
Privacy Guides, citing TechCrunchUpGuard found about 16,000 Supabase-hosted databases exposing names, addresses, phone numbers and passwords, as reported Sep 25, 2026.
The fault is mostly in how fast-built apps are set up, not a Supabase breach. But it is a reputational and possibly regulatory risk tied to its core customer base.
- 06Watch
Growth leans on other companies' coding agents.
CNBC, Jun 4, 2026The CEO named Claude Code as the largest source of new databases in 2026, with OpenAI's Codex also a driver.
If those agents start defaulting to a different backend, growth could slow fast. Partnerships with agent makers matter a lot here.
- 07Neutral
No revenue figure, ever.
Pulse 2.0; SiliconANGLENeither the Series F nor the October release gave revenue or ARR. Outside estimates exist but are not company figures.
You cannot check the valuation against sales. Ask in the offer process what the revenue multiple and the latest share price are.
What the hiring data says.
We save every company's roles, pay by team and level, AI share and churn every day, so each month this page can say more. Sparklines use their own scale.
Can AI agents do business with Supabase?
We checked the agent payment programs, developer docs and site rules an AI assistant would meet.
Built for agents. Agents are now its main customer.
Still Remote read- YesAn official MCP serverHosted at mcp.supabase.com, works with Claude, ChatGPT, Cursor and others, with a read-only mode and safety warnings.Supabase docs, checked Nov 1, 2026
- YesCustomers can give their own apps an MCP serverAnnounced Oct 22, 2026: tool calls run as the signed-in user under the app's security rules.Supabase blog, Oct 22, 2026
- YesListed in an AI marketplaceA prebuilt connector in Google's Gemini Enterprise since Sep 9, 2026, across all editions.Supabase blog, Sep 9, 2026
- AnnouncedRun agents inside a Supabase projectSupabase Compute is in private alpha in one US region; not for production yet.Supabase blog, Oct 27, 2026
- YesDocs that AI tools can readsupabase.com/llms.txt indexes the docs, with a full single-file version and per-language reference files.checked Nov 1, 2026
- YesLets AI crawlers read its siterobots.txt allows every bot and adds a content signal saying yes to AI training, search and AI input.checked Nov 1, 2026
Where Supabase puts AI to work.
- 1An AI assistant inside the dashboardSince Dec 2024 it designs schemas, writes SQL and security policies, and debugs errors, sending only schema structure to the model.Supabase, Dec 2, 2024
- 2Agents that watch productionSince Oct 2026, ready-made prompts let a coding agent run hourly health and daily security checks on a project, read-only.Supabase blog, Oct 20, 2026
More listings than on Sep 7, led by engineering.
What Supabase puts on its own channel.
Short videos from Supabase's official YouTube channel, played here. We only use a channel that links app.supabase.com and carries the company's name.
- You should be using this.... #programming #mysql2 thousand views
- Steve Wozniak on Postgres at Supabase Select...1.1 thousand views
- Why Admin Access Appears Unchanged: JWT Caching & RLS Checks1.3 thousand views
- The brand new AI: Jev110 thousand views
- JavaScript is so confusing...9.8 thousand views
- They named this programming language for the worst reason…34 thousand views
- Who knew there was much thought behind this?...4.3 thousand views
- RLS explained in less than 40s42 thousand views
What has to be true for $10.5 billion to hold?
Supabase does not publish revenue, so the starting number is your assumption, not ours. A way to think, not a forecast, and not investment advice.
At 25x, Supabase needs $420 million of revenue to be worth $10.5 billion. Your world gets there with $823 million, so the next round likely prices above the last.
$100,000 of equity valued at the $10.5B Series F price would be worth about $196,000 on paper in this world, before dilution from new rounds, taxes and vesting. Private shares only turn into cash at a sale, an IPO or a tender offer.
A way to think, not a forecast, and not investment advice.
IT Brief; Pulse 2.0The signals, and which way they push.
- TailwindAgents are the new users.
About 70% of new databases come from agents or AI tools, and the company adds 4 million databases a month.
- TailwindFlush with cash.
$650M of equity sold in 2026 alone, on top of over $1B raised through June, with a sovereign fund leading.
- HeadwindFast-built apps make for leaky apps.
About 16,000 customer databases were found exposing personal data in Sept 2026.
- HeadwindGiants want the same market.
Databricks bought rival Postgres startup Neon for about $1B in 2025; MongoDB and Amazon Aurora compete directly.
Where Supabase ends up, if we had to bet.
Our calls, not facts. Each one is tied to something that already happened, so you can judge the reasoning.
- 1
Supabase is a listed company by 2031.
Coin flip 50%IPOIt has raised over $1B and now runs staff share sales, the usual step before a listing. But no filing is reported and it publishes no revenue, which a listing would force.
Pulse 2.0; SEC EDGAR - 2
A cloud giant or Databricks buys Supabase.
Long shot 16%M&ADatabricks paid about $1B for Neon, but Supabase is now valued at $10.5B and is buying companies itself. A sale at that price would be one of the largest database deals ever.
CNBC, Jun 4, 2026 - 3
Nearly every new Supabase database is created by an agent.
Likely 72%AIAgents already make about 70% of new ones. It is building agent compute, app MCP servers and Turso's cheap per-agent databases.
Pulse 2.0; Supabase blog - 4
Big enterprises, not hobby apps, bring in most of Supabase's money.
Coin flip 50%ProductsMultigres, OrioleDB and Okta-managed MCP access target large customers. But the company's growth story is still told in sign-ups and databases, not contracts.
Supabase Select 2026 recap - 5
Supabase stays the default backend in the top AI coding tools.
Coin flip 50%CompetitionClaude Code is its largest source of new databases today. Rivals backed by Databricks and the clouds will fight for that default.
CNBC, Jun 4, 2026
Read by the Still Remote research agent on November 1, 2026 from the sources linked on this page. Facts and scenarios only, not investment advice.