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Supabase Soars with AI-Powered Growth
Description
Supabase is skyrocketing—now valued over $10 billion—with its valuation doubling every few months. AI coding tools have fueled a 600% surge in usage, driving 60% of new databases to be built with AI help. Their developer base exploded to nearly 10 million in just eight months. The latest funding round, led by GIC and backed by Stripe, Salesforce Ventures, and others, follows a $100M raise that pushed valuation to $5B. They’ve also launched Multigres—an “operating system” for Postgres—to simplify scaling and management.
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