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description: Supabase has raised a $500 million Series F at a $10 billion pre-money valuation, doubling its valuation in just eight months. The company credits AI coding...
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# Supabase doubles valuation to $10B in 8 months

**[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 0 upvotes · 0 comments

## Summary

Supabase has raised a $500 million Series F at a $10 billion pre-money valuation, doubling its valuation in just eight months. The company credits AI coding tools like Claude Code and Codex for driving over 600% usage growth in the past year, with over 60% of new databases launched by AI tools. Supabase now claims nearly 10 million developer users. Alongside the funding announcement, the company launched Multigres, a tool described as an 'operating system' for Postgres that simplifies scaling tasks like read replicas, failovers, and connection management. The round was led by GIC, with participation from Stripe, Georgian, and Salesforce Ventures.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://techcrunch.com/2026/06/05/supabase-doubles-valuation-to-10b-in-8-months>

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---

Tags: [#open-source](https://daily.dev/tags/open-source), [#backend](https://daily.dev/tags/backend), [#postgresql](https://daily.dev/tags/postgresql), [#supabase](https://daily.dev/tags/supabase), [#vibe-coding](https://daily.dev/tags/vibe-coding)

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