Supabase hit $5B by turning down million-dollar contracts. Hereβs why.
28 November 2025 at 18:00
Vibe coding has taken the tech industry by storm, andΒ itβsΒ not just theΒ LovablesΒ andΒ ReplitsΒ of the world thatΒ areΒ winning. The startups building the infrastructure behind them are cashing in too.Β Supabase, the open-source database platformΒ thatβsΒ become the backend of choice for the vibe-coding world,Β raised $100 million at aΒ $5 billionΒ valuationΒ just months after closing $200 million atΒ $2 billion. But co-founder and CEO [β¦]