Funding news · Oct 2, 2026
Supabase Raises $150M Series C+ Led by GIC
Supabase Closes $150M Series C+ Round Led by GIC
Supabase, the Postgres development platform, has raised $150 million in a Series C+ round led by GIC. The round was reported on October 2, 2026, and also included participation from Square Peg Capital, CapitalG, and IronArc.
What Supabase Does
Supabase describes itself as the Postgres development platform. Its pitch — "Build in a weekend. Scale to millions." — reflects a developer-first approach to application infrastructure. Developers can start a project with:
- A Postgres database
- Authentication
- Instant APIs
- Realtime subscriptions
The company's domain is supabase.com.
Round Details
- Round type: Series C+
- Amount: $150,000,000
- Currency: USD
- Funding date: October 2, 2026
- Lead investor: GIC
- Investors: Square Peg Capital, CapitalG, GIC, IronArc
Stage and Positioning
The Series C+ classification places Supabase in later-stage private funding territory. The $150 million raise is a substantial round, and the investor group combines sovereign wealth capital in the form of lead investor GIC with venture and growth investors Square Peg Capital, CapitalG, and IronArc.
Why It Matters
Supabase operates in the developer infrastructure market, where Postgres has become a widely adopted database standard. By bundling authentication, instant APIs, and realtime subscriptions around Postgres, Supabase offers developers a consolidated starting point for building applications. The company's stated value proposition — moving from a weekend build to millions of users — targets both early-stage developers and teams that need to scale.
Key Facts
- Company: Supabase
- Domain: supabase.com
- Round: Series C+
- Amount: $150 million USD
- Lead investor: GIC
- Other investors: Square Peg Capital, CapitalG, IronArc
- Funding date: October 2, 2026
- Product focus: Postgres database, authentication, instant APIs, realtime subscriptions