Supabase Inc. has raised $100 million in a funding round, valuing the company at $2 billion. Led by venture capital firm Accel, this funding will help Supabase continue its mission to provide an alternative to Google's Firebase for developers.
Amount Raised
$100 Million
Round Type
Funding Round
SingaporeOtherInformation TechnologySoftwareMedia And EntertainmentAppsConsultingInvestors
Description
Supabase Inc., an open-source developer platform, is reportedly raising over US$100 million in a funding round that values the company at approximately US$2 billion. Venture capital firm Accel is leading the funding round, but both Accel and Supabase declined to comment. Founded in 2020, Supabase offers an alternative to Google’s Firebase, helping developers efficiently scale their projects. The company has over 450,000 registered developers on its platform, as stated on its official site.
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