Supabase — Net Worth and Career Earnings
Supabase is an open-source backend-as-a-service platform with estimated annual recurring revenue of approximately $100 million, valued at $2 billion following its 2024 Series C funding round. Founded in 2020 by Paul Copplestone and Ant Wilson, Supabase was built as an open-source alternative to Google's Firebase — providing database (Postgres), authentication, file storage and serverless functions as a managed service. Its 75,000 GitHub stars make it one of the most popular developer tools on the platform and a beloved product across the indie hacker and startup community.
The platform hosts over 1 million projects, from solo developer experiments to funded startups using it as their primary backend infrastructure. Its Postgres foundation — rather than a proprietary database — means users own their data and can migrate away if needed, addressing a key concern with Firebase lock-in. Supabase has become the default backend choice for many developers building with Next.js and similar modern frameworks, creating natural distribution through the developer ecosystem.
Supabase raised $196 million across multiple rounds from a16z, Y Combinator and other investors. The company's approach to open-source monetisation — giving away the core product while charging for managed hosting, additional resources and enterprise features — follows the playbook established by companies like MongoDB and Elastic. Its cultural fit with the developer community, characterised by genuine transparency about its business and regular open-source contributions, has made it one of the most trusted developer tool brands of its generation.