Supabase has filed a notice of an exempt offering of securities to raise $500 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Supabase is raising up to $500 Million in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Supabase
Supabase is an open source backend platform and Firebase alternative built on Postgres, designed to help developers build web, mobile, and AI applications that can scale to millions of users. It positions itself as a Postgres development platform, providing each project with a dedicated Postgres database as the core of the stack. On top of the database, Supabase offers integrated services such as authentication, instant APIs, realtime subscriptions, storage, and edge functions, all working together out of the box to streamline application development. The platform focuses on making scalable open source tools approachable, so developers can give their users an integrated, scalable backend without needing to manage complex infrastructure. By combining trusted relational database technology with modern developer tooling in a single, cohesive service, Supabase aims to be the easiest way to get started with Postgres while maintaining the flexibility and power needed for production-grade applications.
To learn more, visit https://supabase.com/
LinkedIn: https://www.linkedin.com/company/supabase/
Contact:
Paul Copplestone, Chief Executive Officer
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