Supabase raises $100M in Series E valuing it at $5B

Supabase raised $100 million Series E led by Accel and Peak XV, with Figma, YC, Coatue, Felicis, Craft, and Square Peg participating, valuing the company at $5 billion pre-money. Funds support employee secondaries (25% vested stock sales) and accelerate hiring for open-source initiatives like Multigres and OrioleDB. With 30+ ex-founders, Supabase operates 100% distributed across 37 countries, actively recruiting talent.