Supabase raises $500M in Series F at a $10B valuation

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The funds will boost open-source / Postgres tools, grow the platform, and liquidity for the employees.

Two months ago, announced 8,000,000 developers building with the platform. They're now nearly 10 million, with databases launches growing by 600% over the past year.

S/O to and the team! πŸ‘πŸ‘

What should they build/improve/fix from your perspective?

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Nice and all. I wonder how much money does an open source project need to scale from 10 million developers and up? What does this investment mean for the future of the FOSS license it is under? πŸ™‚

Β good question. nothing mentioned in the blog announcement. however, added a note to the community:

I work at Supabase because we're open source. Building for a community of builders is the thing I care most about. One of Supabase's principles is to , working collaboratively with the open source community.

also is a top supporters of the OSS community, with $1M+ disbursed via .

full disclosure: humble contributor here.

The team has done an exceptional job on the platform. So much so that my 16 yo told me yesterday that he’s building a project using Supabase and loves it! In his words β€œI just found it, and I’m already loving how easy this is making my project”

Β great story!

Going from 8M to almost 10M developers in a few months is wild. Curious to see how much of that growth is being driven by AI-assisted development and indie builders.

More than 60% of new databases are launched by "some sort of AI tool," according to the .

Β Crazy stat and likely only to get higher...not sure if its a good thing or not.

Nice!!! Good job Supabase

S/O to and the team!