Supabase Raises $150M in Funding Led by GIC

Supabase, a San Francisco-based provider of an agentic infrastructure and open source Postgres development platform, has raised $150 million in funding.

The round was led by GIC, with participation from CapitalG, IronArc, and SquarePeg.

The company will use the funding to accelerate product development around agent-driven databases and provide liquidity for employees.

What is Supabase?

Supabase provides an open source backend platform that helps developers build applications using Postgres.

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Its platform includes a Postgres database, authentication, storage, edge functions, real-time subscriptions, and vector search. It also offers a marketplace with more than 100 integrated partner tools.

Supabase is expanding its platform to support the growing use of AI agents and AI-driven applications.

How Much Funding Has Supabase Raised?

Supabase has raised $150 million in its latest funding round.

The round was led by GIC, with participation from CapitalG, IronArc, and SquarePeg.

The source did not provide details about Supabase's previous funding rounds or total funding raised.

Who Invested in Supabase’s Funding Round?

GIC led the $150 million funding round.

CapitalG, IronArc, and SquarePeg also participated.

Why the Funding Matters

Supabase plans to use the funding to accelerate product development around agent-driven databases.

The company will also provide liquidity for employees as part of the funding.

Who founded Supabase?

Supabase was founded in 2020 by Paul Copplestone and Ant Wilson.

The company is headquartered in San Francisco, California.

Market and Business Growth

Supabase says it is onboarding more than one million users and four million databases each month.

The company also says 70% of new databases are now generated by agents or AI-driven tools. This follows a 600% year-over-year increase in database numbers reported in June, when AI agents were already responsible for the majority of new deployments.

Supabase's platform includes a Postgres database, authentication, storage, edge functions, real-time subscriptions, and vector search. Its marketplace has more than 100 integrated partner tools.

What Happens Next?

Supabase plans to continue developing agent-driven database capabilities and expanding its infrastructure for developers building AI-powered applications.

The company will also provide employee liquidity following the latest funding round.

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