Supabase Series F

Supabase has secured $500 million in a Series F funding round led by GIC, with participation from existing investors and new backers like Georgian and Salesforce Ventures, aiming to accelerate open-source Postgres tool development, support growth, and provide employee liquidity. The company has introduced Multigres v0.1 alpha, an open-source, self-hostable operating system designed for scalable Postgres management, with plans for future enhancements such as Vitess-grade horizontal scaling. Supabase has experienced a 600% increase in database launches over the past year, driven by AI tools and platform partners, expanding its developer base to nearly 10 million. The funding will also enhance infrastructure performance, reliability, and support. Supabase employs a global workforce without geo-adjusted salaries, offering stock option liquidity to employees. The company's commitment to open-source principles is emphasized, with an invitation to join its global remote team and gratitude extended to community contributors.