Used by ‘Vibe Coders’, Supabase Reaches a Valuation of 2 Billion

Supabase, an open-source platform for managing Postgres databases, has reached a $2 billion valuation after raising $200 million in its Series D round.
The funding round was led by Accel, with contributions from Coatue, Y Combinator, Craft Ventures, Felicis, and angel investors including Kevin Weil from OpenAI and Guillermo Rauch from Vercel.
Supabase was founded in 2020 and is currently used by two million developers who manage 3.5 million databases, positioning it as an alternative to Google’s Firebase.
The platform has seen a significant increase in sign-ups, with its rate doubling in the past three months due to the growing “Vibe coding” movement, which includes popular apps like Vercel and Replit.
Guillermo Rauch, CEO of Vercel, sees the “Vibe coding” movement as a key tailwind for Supabase, highlighting the platform’s potential for growth in this rapidly expanding ecosystem.

IBL News | New York

Supabase, an open-source platform used by vibe coders and general developers for managing Postgres databases, achieved a $2 billion valuation after raising $200 million in its Series D round.

This funding round was led by Accel, with contributions from Coatue, Y Combinator, Craft Ventures, Felicis, and angel investors, including Kevin Weil from OpenAI, Guillermo Rauch from Vercel, and Taylor Otwell from Laravel.

Founded in 2020, and currently used by two million developers who manage 3.5 million databases, Supabase [its team in the picture above] introduced itself as an alternative to Google’s Firebase.

Its sign-up rate has just doubled in the past three months due to the Vibe coding movement, with apps like Vercel, Bolt, Lovable, Cursor, and Replit, among others.

Guillermo Rauch, CEO at Vercel, who first invested in Supabase in 2021, sees Vibe coding as a key tailwind for the startup.

Vercel, last valued at $3.25 billion, is widely viewed as a leader in the vibe coding movement.

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Q. Who is the CEO of Supabase?

A. The article does not mention a specific CEO for Supabase, but it mentions Guillermo Rauch from Vercel as an investor and a key figure in the vibe coding movement.

Q. What is Supabase used for?

A. Supabase is an open-source platform used by developers to manage Postgres databases.

Q. Who led the $200 million Series D funding round for Supabase?

A. Accel led the funding round, with contributions from other investors such as Coatue, Y Combinator, Craft Ventures, Felicis, and angel investors.

Q. How much did Supabase raise in its Series D funding round?

A. Supabase raised $200 million in its Series D funding round.

Q. What is Vibe coding movement?

A. The vibe coding movement refers to a community of developers who use tools like Vercel, Bolt, Lovable, Cursor, and Replit, among others, to build and manage applications.

Q. Who are some notable investors in Supabase?

A. Notable investors in Supabase include Kevin Weil from OpenAI, Guillermo Rauch from Vercel, Taylor Otwell from Laravel, and angel investors such as those mentioned above.

Q. What is the valuation of Vercel?

A. Vercel was last valued at $3.25 billion.

Q. How many developers use Supabase?

A. Two million developers manage 3.5 million databases using Supabase.

Q. Why has Supabase’s sign-up rate doubled in the past three months?

A. The article mentions that this is due to the rise of the vibe coding movement, which includes apps like Vercel, Bolt, Lovable, Cursor, and Replit, among others.

Q. What alternative does Supabase offer to Google’s Firebase?

A. Supabase offers an alternative to Google’s Firebase for managing Postgres databases.