Supabase Nabs is an evaluation of $ 5 billion, after four months of reaching $ 2 billion

It was a tough year for the World Datab Base in the Favorite World: Supabase. On Friday, Supabase announced that it had raised the new E series of $ 100 million with a rating of $ 5 billion, led by Access and Pak XV. This is just four months after the closure Its chain of $ 200 million with a value of $ 2 billion, Leaded by ACCEL.

That series D was just seven months after A series of $ 8 million Under the leadership of Sequoia Spinoff Peak XV and David Sacks’ Craft Ventures in an unknown evaluation. Pitchbook estimated that Supabase is estimated at about $ 765 million in that deal, after money.

This is $ 380 million collected in one year and increased evaluation of more than 500 %, assuming that Pitchbook estimates to evaluate the chain C are on the field. Supabase has now raised a total of $ 500 million.

The SUPabase Open source database service was established in 2020 by CEO Coplestone and CTO AN Wilson (in the image above), a few years before the LLM coding madness. It was originally an emerging YMBINTOR company that provided developers an open source based on the postgres from Google. Firebase is a database that has also been designed to run artificial intelligence applications.

Supabase combines postgres with open source tools at the level of other institutions for features such as authentication, automatically created application programming interface, file storage, and vector tools set (necessary for many artificial intelligence applications). He simplified the difficult parts to prepare a database to a few button clicks. Consequently, it has become a common background to the atmosphere coding tools-which write applications with natural language claims-such as Racket And it aims. It is increasingly used as a favorite database Figma And other Uber artificial intelligence coding tools re , IndicatorAnd Claude iconHe says.

Interestingly, given that open source SuPabase and supported by a community of developers – are demanding 4 million developers as users – it also allows community members to buy shares as part of the financing of this series E, the company said.