Funding round
Supabase Series A
Supabase, which works in open-source application development platform in Singapore, raised $30M in a Series A round announced on 1 Sep 2021, led by Coatue. 1 firm took part, with 3 individual investors. It is Supabase's first venture round on record.
$30M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
Supabase did not disclose a valuation in this round. It is Supabase's first venture round on record, 4 years after it was founded in 2017. It is 3.0% of the $990M Supabase has raised in the venture rounds on record. Supabase raised again 8 months later: a Series B round of $80M in May 2022. Its next priced round, a Series D in Apr 2025, valued it at $2.00B.
Supabase's funding rounds
Supabase has 6 venture rounds on record. This one is highlighted.
- Series A this round 1 Sep 2021, led by Coatue $30M
- Series B 10 May 2022, led by Felicis $80M
- Series C 30 Sep 2024, led by Peak XV Partners and Craft Ventures $80M
- Series D 22 Apr 2025, led by Accel $200M$2.00B post-money
- Series E 3 Oct 2025, led by Accel and Peak XV $100M$5.00B post-money
- Series F 4 Jun 2026, led by GIC $500M$10.50B post-money
Investors
Who put money in
Coatue led the round.
Lead investor
- Coatue backs 229 venture-backed companies new investor
Individual investors: Tom Preston-Werner, Alex Solomon and Solomon Hykes.
Use of proceeds
What the money is for
According to the announcement, the money goes to product development and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
1,861 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 2.4 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 15 Sep 2021 | $69M | not disclosed | Silversmith Capital Partners |
| Tech Companies | 15 Sep 2021 | $55M | not disclosed | Silversmith Capital Partners |
| ClickHouse Tech Companies | 20 Sep 2021 | $50M | not disclosed | Index Ventures and Benchmark |
| Tech Companies | 30 Sep 2021 | $50M | not disclosed | Molten Ventures |
| Tech Companies | 9 Sep 2021 | $45M | $300M | Index Ventures |
| Cohere Tech Companies | 7 Sep 2021 | $40M | not disclosed | Index Ventures |
| Tech Companies | 1 Sep 2021 | $38M | not disclosed | Target Global |
| Tech Companies | 1 Sep 2021 | $36M | not disclosed | Insight Partners and Peak |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Supabase raise in its Series A round?
Supabase raised $30M in its Series A round, announced in Sep 2021.
Who led Supabase's Series A round?
Coatue led it.
What was Supabase's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
1,861 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was 2.4 times the median.
Did Supabase raise again after this round?
Yes: a Series B round in May 2022 of $80M.