TechCrunch Fundraising· Theresa Loconsolo·· 2025-11-29Top DealsAI Score60
Supabase raises $100M at $5B valuation by turning down million-dollar contracts
Supabase hit $5B by turning down million-dollar contracts. Here’s why.
AI Overview
Supabase raised $100 million at a $5 billion valuation, just months after closing $200 million at a $2 billion valuation. On TechCrunch's Equity podcast.
Why it matters
Supabase's decision to decline large enterprise contracts while raising at a $5B valuation offers a concrete look at how infrastructure startups are positioning themselves in the vibe-coding boom.
Source:TechCrunch Fundraising · techcrunch.com