Supabase Raises $500 Million at $10.5 Billion Valuation to Accelerate Lead in Agentic Infrastructure

2 minute read | June.08.2026

Supabase, the open-source database service for AI-driven development, has completed a $500 million Series F at a $10.5 billion valuation. The round was led by GIC, with all existing investors participating including Accel, Y Combinator, Craft, Felicis, Peak XV and Coatue. Stripe is making a second investment, and Salesforce Ventures joined the round. This funding comes just seven months after the company’s Series E.

Orrick advised Supabase on the transaction.

THE COMPANY

Supabase is the open-source Postgres development platform and leader in agentic infrastructure. The majority of AI app builders and more than 9 million developers use Supabase. Founded in 2020, Supabase provides a complete backend, Postgres database, authentication, storage, edge functions, real-time subscriptions, and vector search, alongside a growing marketplace of 100+ integrated partner tools.

THE IMPACT

This investment will enable Supabase to accelerate the development of open-source AI development tools that work at scale. The platform works natively with modern AI tools, allowing agents to spin up thousands of customer databases per day. Supabase for Platforms, the product powering most of the top AI app builders, has had 370% customer growth in the past six months.

THE TEAM

The Orrick team is led by Josh Pollick and Montana Ware, with support from Kelsey Repka, Alexandra Aquilina-Piscitello and Christina Campisano.

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Related Lawyers

Josh Pollick Partner, Technology Companies Group, Mergers & Acquisitions

Santa Monica

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Practice:

Technology & Innovation Sector
Technology Companies Group
Mergers & Acquisitions
Fintech

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Josh Pollick Partner

Santa Monica

He represents high-growth technology companies and venture capital firms in many areas, including corporate and securities law, corporate formations, venture capital financings, mergers and acquisitions, public offerings, secondary offerings and SPAC transactions.

Josh was recognized as a Fintech Rising Star by Law360 for his work representing innovative companies such as Dave, Deel and Stripe. He has been nationally recognized by Chambers and Partners USA and Legal500 for his work representing startups and venture capital funds.

Josh’s company-side representations also include high-growth AI and SaaS companies, such as Speak and Supabase, energy tech companies such as Radiant Nuclear and Zeno Power, and healthtech companies such as Grow Therapy and Pearl.

In addition to his company-side representations, Josh has represented leading venture capital firms and other strategic investors, including Bonfire, Coatue, Darsana Capital, D1 Capital, Ground Up Ventures, Pathbreaker Ventures, Upfront Ventures and Wonder Ventures.

He has significant buy-side and sell-side M&A experience, including representing Deel in more than 10 acquisitions.

Josh formerly served as a leader of Orrick's global Technology & Innovation sector and as a leader of Orrick's global Technology Companies Group.

Montana Ware Partner, Technology Companies Group

Austin

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D:+1 512 582 6908
E: [email protected]

Practice:

Technology & Innovation Sector
Technology Companies Group

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Montana Ware Partner

Austin

Montana primarily represents emerging growth companies, venture capital funds and other strategic investors in a wide array of corporate matters, including early and late-stage venture funding rounds, formation and corporate governance, securities issuances and mergers and acquisitions. Montana's practice spans all industry verticals, with significant experience representing frontier technology companies and "dual use" companies such as those in the defense, nuclear and space industries. Montana regularly assists VC-backed companies in developing comprehensive FOCI mitigation processes in connection with financing transactions.

Prior to practicing law, Montana served in the U.S. Air Force.

Select engagements Montana has advised on include:

Represented Stripe in its $6.5 billion Series I financing
Represented Radiant Nuclear in its $12.6 million Series A, $40 million Series B, $160 million Series C and $300+ million Series D financings
Represented Castelion in its $14.2 million Series Seed, $100 million Series A and $350 million Series B financings
Represented Standard Nuclear in its $140 million Series A financing
Represented Firehawk Aerospace in its $60 million Series C financing
Represented Supabase in its $30 million Series A, $80 million Series B, $200 million Series C, $200 million Series D, $100 million Series E and $500 million Series F financings
Represented Speakeasy Labs ("Speak") in its Series A, Series B (and follow-on) and $78 million Series C financings
Represented Solugen in its $350 million Series C and $200 million Series D financings
Represented Zeno Power in its $45 million Series B financing
Represented Merama in its $225 million Series B and $80 million Series B follow-on financings and its $45 million Series C financing
Represented Next Insurance in its $250 million Series C financing, $250 million Series D financing and $250 million Series E financing
Represented Coatue Management in its investment in the $100 million Series B financing of Mercury Technologies
Represented D1 Capital Partners in its investment in the $450 million Series D financing of Anduril
Represented Inspire Semiconductor in its $2.5 million Series A financing and acquisition of Greenfield Acquisition (TSX:GAC.P), a publicly-traded SPAC, by way of a reverse merger
Represented Codecademy in its $525 million acquisition by SkillSoft (NYS: SKIL), a New Hampshire based provider of educational software
Represented Gym Class in its $8 million Series Seed financing and in collaborative licensing deal with the NBA
Represents Squadra Ventures, Decisive Point and other venture investors on defense and frontier technology investments

*Please note: Montana’s experience includes that prior to joining Orrick.

Kelsey Repka Managing Associate

New York

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D:+1 212 506 3570
E: [email protected]

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Kelsey Repka Managing Associate

New York

Kelsey, based in the New York Office, works closely with innovative startups and venture capital investors, helping them navigate the legal complexities of growing their business. Focusing on venture capital financings, mergers and acquisitions, and corporate governance, Kelsey enjoys guiding clients from the early stages of their journey through to successful exits.

Alexandra Aquilina-Piscitello Associate

Santa Monica

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D:+1 310 633 2843
E: [email protected]

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Alexandra Aquilina-Piscitello Associate

Santa Monica

Alexandra advises companies at all stages of growth on corporate formations, general corporate governance matters, venture capital financings and exit transactions.

Alexandra received her J.D. from the University of California, Los Angeles School of Law, where she served as a Managing Editor for the Journal of Law and Technology. Prior to law school, Alexandra graduated Phi Beta Kappa from Vassar College where she earned her B.A. in Psychological Sciences and Political Science.

Related Areas

Technology Companies Group