Supabase grew ARR from $1M to $170M in 5 years, now valued at $10.5B

FinanceYF5 · x · 2026-09-11

Supabase, the open-source Firebase alternative, grew its ARR from $1M to $170M in five years and reached a $10.5B valuation.

The company's journey is framed in three phases: starting as a side project, building a seemingly boring moat around core database infrastructure, and becoming the default backend for the AI app era — a sign of how the AI application boom is pulling up developer infrastructure.

Related event: Supabase Grows from $1M to $170M ARR in Five Years, Valued at $10.5B(2 posts)→

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