Supabase Raises $200M at $2B Valuation as Vibe Coding Booms

In 2020, few could’ve predicted that a scrappy open-source startup from New Zealand would become a backbone of modern app development. But in 2025, Supabase is no longer a quiet alternative — it's a force.

Led by CEO Paul Copplestone, Supabase has just raised a $200 million Series D at a $2 billion post-money valuation, with Accel leading the round. Heavyweights like Coatue, Y Combinator, Craft Ventures, and longtime backer Felicis also jumped in. This latest raise comes hot on the heels of an $80 million round just seven months ago — bringing total funding to nearly $400 million.

So why all the hype?

Supabase started as an open-source alternative to Google’s Firebase, aimed at making app development more accessible. It’s built around Postgres — the well-loved open-source SQL database — and bundles in a full toolkit: authentication, auto-generated APIs, file storage, and even vector support for AI apps. It’s database management reimagined for the modern dev — minimal friction, maximum scale.

That makes it perfect for today’s hottest trend: vibe coding — a term capturing the new wave of intuitive, rapid, AI-assisted development. Supabase has become the backend of choice for developers chasing momentum over meticulousness, powering tools like Lovable and fueling experimentation in the AI space.

Its traction reflects that. Supabase now claims over 1.7 million developers, adding thousands more each day, and boasts over 81,000 GitHub stars. Felicis managing partner Aydin Senkut calls the growth “insane,” citing the strength of Supabase’s developer community as its greatest asset.

Thanks to its Postgres core, Supabase also wins the trust of seasoned devs. It’s not a toy — it’s battle-tested. As their tagline goes: “Build in a weekend. Scale to millions.” That promise is now becoming a reality for startups and enterprises alike.

While Oracle and Microsoft won’t be dethroned anytime soon — especially in legacy enterprise tech — Supabase is planting seeds for the future. The next wave of billion-user apps will be AI-native. Supabase is already there, quietly becoming the default database for this new era.

Open source just went mainstream — and Supabase is leading the charge.