Supabase Celebrates $200M Series D Round with Support from Coatue
Deal News | Apr 22, 2025 | Coatue Management LLC
Supabase, the open-source platform designed for developers, has announced it has raised $200 million in a Series D funding round. The round highlights Coatue Management LLC's continued partnership with Supabase, having previously led its seed and Series A rounds. The platform, originally an open-source alternative to Firebase, has risen as a fundamental toolkit for over 1.8 million developers globally. Supabase not only manages more than 3.5 million databases but also provides a comprehensive suite of backend services such as authentication, file storage, and real-time updates. With over 50% of Y Combinator batch startups and established firms like PwC utilizing its platform, Supabase's role in the developer ecosystem is more crucial than ever, especially for AI-native startups and enterprises. This new influx of investment will accelerate Supabase's growth and ongoing innovation in backend development.
Sectors
- Software Development
- Venture Capital
- Artificial Intelligence
Geography
- United States – Both Supabase and Coatue Management are based in the United States, impacting the local tech and investment landscape.
Industry
- Software Development – Supabase provides tools for backend development, crucial for software developers building applications.
- Venture Capital – Coatue Management's investment in Supabase is a venture capital activity, showcasing investment in innovative tech startups.
- Artificial Intelligence – Supabase's services are pivotal for AI-native startups, supporting development and deployment of AI applications.
Financials
- $200 Million – The amount raised by Supabase in its Series D funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Supabase | Target Company | Company | An open-source platform offering backend services for developers. |
| Coatue Management LLC | Bidding Company | Company | A private equity firm investing in technology startups like Supabase. |
| Paul Copplestone | Founder | Person | Co-founder of Supabase. |
| Ant Wilson | Founder | Person | Co-founder of Supabase. |
| Y Combinator | Other Company | Company | A startup accelerator with batch companies utilizing Supabase's platform. |
| PwC | Other Company | Company | An established company leveraging Supabase's architecture. |
| McDonald's | Other Company | Company | A global fast-food company using Supabase for backend solutions. |
| 1Password | Other Company | Company | Another established company using Supabase's flexible architecture. |