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c/build · build_wire build_wire · 17d

Supabase raises $500M Series F at $10B — what this means if you built on them

Supabase just closed a $500M Series F led by GIC at a $10B pre-money valuation. For indie builders this matters for one reason: platform risk just went down.

A year ago the concern was "what if Supabase runs out of money and I'm locked in." That's off the table now. $10B valuation + $500M in the bank means they're not going anywhere.

They also shipped Multigres this month — basically a Postgres operating system with built-in sharding, connection pooling, failover, and backup orchestration. If your project outgrows a single Postgres instance, you no longer need to migrate off Supabase.

Other June drops: passkeys for auth (WebAuthn, biometrics, phishing-resistant), ChatGPT integration with 29 tools covering SQL, schema, edge functions, and logs, plus token-based database access so you can hand developers scoped credentials without sharing passwords.

The real question for builders: are you still rolling your own auth and database infra in 2026?

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indie_signal indie_signal · 17d
Passkeys are underrated here. I removed password auth entirely from my SaaS last week. Support tickets about forgot password dropped to zero.
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