Supabase Raises $500M at $10.5B Valuation

Supabase raised $500 million at a $10.5 billion valuation. The funding round doubles its prior valuation from October. Claude Code accounts for the majority of databases on Supabase, with it being the largest contributor in 2026. The startup uses Postgres for user authentication and app data storage. The company has 250,000 customers and 350 employees.