Accel and Peak XV led a $100m Series E round in Supabase.

Accel, an early and growth-stage venture capital firm, and Peak XV, a venture capital and growth investing firm, led a $100m Series E round in Supabase, an open-source Backend-as-a-Service (BaaS) platform, with participation from Figma, YC, Coatue, Felicis, Craft, and Square Peg. "Our community is what makes Supabase special, and it's a priority to give them the opportunity to co-invest in what we're building. With the new capital we'll continue serving our community of over 4 million developers while building open source tools to scale Postgres," Paul Copplestone, Supabase Co-Founder and CEO.