Exclusive: Supabase raises $200 million Series D at $2 billion valuation

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Exclusive: Supabase raises $200 million Series D at $2 billion valuation

//travel-leisure.news-articles.net/content/2025/ .. 200-million-series-d-at-2-billion-valuation.html

Published in Travel and Leisure on Tuesday, April 22nd 2025 at 8:06 GMT by Fortune
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Supabase raises a $200 million Series D, and the company hits a $2 billion valuation.

Supabase, a startup offering an open-source alternative to Firebase, has raised $200 million in a Series D funding round, valuing the company at $2 billion. The round was led by existing investor Altimeter Capital, with participation from new investors such as GV (Google Ventures) and existing investors like Coatue and Y Combinator. The fresh capital will be used to expand Supabase's team, enhance its platform, and support its growing customer base, which includes companies like Netflix, Slack, and Brex. Supabase has seen significant growth, with its user base doubling in the past year and its revenue tripling, as businesses increasingly seek alternatives to traditional cloud services. The company aims to democratize access to powerful backend tools, enabling developers to build and scale applications more efficiently.

Read the Full Fortune Article at:
[ https://fortune.com/2025/04/22/exclusive-supabase-raises-200-million-series-d-at-2-billion-valuation/ ]