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Supabase developer platform valued at $2 billion after funding round - Bloomberg

Published 12/03/2025, 22:36
Supabase developer platform valued at $2 billion after funding round - Bloomberg

Investing.com -- Supabase Inc., an open-source developer platform, is securing over $100 million in a funding round, bringing the company’s valuation to approximately $2 billion. The leading venture firm in this deal is Accel, according to Bloomberg News, citing anonymous sources familiar with the matter.

Supabase presents itself as an alternative to Google (NASDAQ:GOOGL)’s Firebase, with a mission to assist developers in quickly scaling their projects. The startup was established in 2020 and, according to information on the company’s website, has more than 450,000 registered developers on its platform.

Data from PitchBook indicates that Supabase has gathered almost $200 million in venture capital funding since its inception. This latest funding round of over $100 million further contributes to this total.

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