Supabase ECONOMIC

Target: Supabase Research date: 23 October 2026 Scope: Corporate group, capital, acquisitions, commercial operations, Israeli economic activity and potential settlement-related financial exposure. Evidence period: 2020–2026, with current disclosures reviewed through October 2026.

Supply Chain & Sourcing Relationships

Business model and supplier categories

Supabase supplies a developer platform built around PostgreSQL databases, authentication, storage, real-time functionality and related cloud services; its disclosed business is software infrastructure rather than physical consumer-goods production or agricultural distribution.^{1, 2}

Its privacy disclosures identify Amazon Web Services, Google Cloud, Fly.io, Cloudflare, Stripe and other technology or operational service providers involved in supporting the platform.³

Supabase’s partner programme allows third-party developers, service providers and technology companies to integrate with its platform or provide services to customers, while the official partner documentation identifies technical integration methods including PostgreSQL connections and platform APIs.^{4, 5}

Direct Israeli agricultural suppliers

No public evidence identified of Supabase procuring produce from Mehadrin, Hadiklaim, Galilee Export, Agrexco successors or other named Israeli agricultural exporters.

Importer of record

No public evidence identified of a Supabase-owned Israeli agricultural importer, customs intermediary, goods-import subsidiary or joint venture acting as importer of record.

Seasonal procurement

No public evidence identified of recurring December–April or other seasonal agricultural procurement from Israeli suppliers.

Indirect sourcing and distributors

Supabase’s published partner structure includes integration partners and solution partners, but the general existence of that programme does not establish an Israeli distributor, reseller contract or settlement-based intermediary.^{4, 5}

No public evidence identified of Israeli-origin physical goods reaching Supabase through distributors, white-label manufacturers or indirect procurement arrangements.

Named technology intermediaries

Supabase’s privacy policy identifies cloud infrastructure and operational vendors including AWS, Google Cloud, Fly.io and Cloudflare, but does not provide an Israeli country-specific purchasing amount for those relationships.³

Supabase’s published hosting documentation places managed database projects in selectable cloud regions and identifies their underlying AWS regional locations.⁶

No public evidence identified of a named intermediary supplying Supabase-managed services specifically to an Israeli settlement, the IDF or the Israel Ministry of Defense.

Product Origin, Labeling & Regulatory Compliance

Nature of products

Supabase’s products are principally database and software services, with hosted PostgreSQL infrastructure, APIs, authentication and storage forming part of the commercial offering.^{2, 7}

Settlement-origin products

No public evidence identified of Supabase selling, importing or distributing physical goods manufactured or cultivated in Israeli settlements.

No public evidence identified of goods marketed by Supabase under a “Produce of Israel” or equivalent agricultural country-of-origin label.

Regulatory enforcement

No public evidence identified of DEFRA, customs authorities or another regulator citing Supabase for settlement-origin agricultural labelling violations.

Corporate labelling policy

No public evidence identified of a Supabase corporate policy governing the labelling of agricultural goods originating in settlements.

Territorial treatment within cloud infrastructure

Supabase’s hosting-region documentation identifies AWS regions across the Americas, Europe, Asia and Oceania, without listing an Israel-specific hosting region.⁶

Supabase states that customers select a primary deployment region and that the selected region determines the storage location for their primary project data.⁶

No public evidence identified of a published Supabase territorial classification policy addressing the West Bank, East Jerusalem, Golan Heights or Palestinian territories.

Content and mapping policy

No public evidence identified of a Supabase-specific policy governing the geographic representation of Israeli settlements within a proprietary mapping product.

No public evidence identified of a corporate decision to alter Palestinian or Gaza-related content because of a request from Israeli authorities.

Investment, Capital & Financial Exposure

Funding and capitalization

On 3 October 2025, Supabase announced a $100 million Series E at a $5 billion pre-money valuation, led by Accel and Peak XV, with participation from existing investors and Figma.⁸

On 4 June 2026, Supabase announced a $500 million Series F at a $10 billion pre-money valuation, led by GIC, with participation from existing investors and additional investment from Stripe, Georgian and Salesforce Ventures.⁹

Supabase’s June 2026 announcement identified open-source development, growth and employee liquidity as uses of the new financing.⁹

On 2 October 2026, Supabase announced an additional $150 million financing led by GIC, with participation from CapitalG, IronArc and SquarePeg.¹⁰

The company explicitly described this financing as occurring four months after its $500 million Series F.¹⁰

The October announcement identified product development associated with agent-driven databases and employee liquidity as intended uses of the additional capital.¹⁰

The company identified CapitalG as Alphabet’s independent growth fund and GIC as the lead investor, but did not disclose the amount subscribed by each participant.¹⁰

The October announcement did not provide a transaction-specific valuation, ownership percentages, voting rights or board appointments.¹⁰

The October financing announcement described the transaction as additional funding without expressly assigning it a new numbered financing-series designation.¹⁰

The three separately disclosed financing transactions from October 2025, June 2026 and October 2026 total $750 million.^{8, 9, 10}

Felicis separately reports that it led Supabase’s $80 million Series B in May 2022 and continued participating in subsequent rounds, including the June 2026 Series F.¹¹

Supabase’s company page lists institutional investors including GIC, Peak XV, Accel, Craft, Coatue, Y Combinator, Stripe, Felicis, Salesforce Ventures, Georgian, Figma and Mozilla.¹

Parent and beneficial ownership

Supabase’s legal terms identify two contracting entities, Supabase Pte. Ltd. in Singapore and Supabase, Inc. in Delaware, but do not disclose a complete ownership chain or ultimate beneficial-ownership percentages.¹²

Dealroom’s publicly accessible indicative ownership profile identifies a collective founder holding of approximately 27.5% and an estimated Coatue holding of 17%, while leaving some investor identities or percentages undisclosed; these figures are third-party estimates rather than verified statutory ownership disclosures.¹³

The newly announced October 2026 financing does not provide a complete updated capitalization table or independently verified post-transaction beneficial-ownership register.¹⁰

No public evidence identified of the Israeli government, an Israeli state-owned enterprise or a verified Israeli-domiciled investor holding a controlling interest in Supabase.

No public evidence identified of a Supabase shareholder possessing Israeli state-linked golden shares or comparable government control rights.

Individual investor: Elad Gil

Supabase lists Elad Gil among its individual investors.¹

Gil’s public website identifies investments through Gil&Co in technology companies including Airbnb, Anduril, Anthropic, Deel, Figma, OpenAI, Stripe and others.¹⁴

Shizune’s publicly accessible investor profile identifies Israel among the countries represented in Gil’s broader investment portfolio, but does not establish that those investments were made by Supabase or financed with Supabase corporate funds.¹⁵

No public evidence identified establishing that Gil owns at least 10% of Supabase, controls its board or exercises authority over Supabase’s investment decisions.

October 2026 financing participants

Supabase’s 2 October 2026 announcement identifies GIC, CapitalG, IronArc and SquarePeg as the four named investors participating in the additional financing.¹⁰

The company identifies CapitalG as Alphabet’s independent growth fund.¹⁰

The announcement does not disclose whether the participating investors acquired board seats, special voting rights or other contractual governance rights.¹⁰

No public evidence identified establishing that participation in this financing created an Israeli-controlled corporate entity within the Supabase group.

No public evidence identified of financing proceeds being allocated to an Israeli operating subsidiary or Israeli state institution.

Foreign direct investment in Israel

No public evidence identified of a Supabase-owned Israeli factory, office property, data centre, logistics facility or research laboratory.

No public evidence identified of Supabase acquiring controlling ownership of an Israeli operating company.

Acquisitions and acquired-identity review

Supabase announced that Logflare, a log-ingestion platform, was joining the company on 2 December 2021; the announcement did not identify Logflare as an Israeli operating company.¹⁶

Supabase announced that the Oriole team was joining on 15 April 2024 to develop OrioleDB, a PostgreSQL storage engine, without identifying an Israeli manufacturing or operating subsidiary.¹⁷

On 8 October 2025, Supabase announced the acquisition involving Triplit and its co-founder Matt Linkous to support third-party integrations; the announcement did not establish that Triplit was an Israeli operating company.¹⁸

On 3 February 2026, Supabase announced that BKND creator Dennis Senn was joining to work on lightweight database infrastructure, describing the arrangement primarily in terms of personnel, open-source development and future product work.¹⁹

On 10 February 2026, Supabase announced that Hydra co-creator Joe Sciarrino was joining to develop Supabase Warehouse and work involving pg_duckdb; the announcement did not establish ownership of an Israeli operating company.²⁰

On 2 October 2026, Supabase announced that Turso was joining through an acquisition intended to combine lightweight SQLite-related infrastructure with Supabase’s PostgreSQL platform.²¹

Turso independently confirmed the announced acquisition and described its database technology as supporting large numbers of lightweight databases for AI agents.²²

Supabase’s 2 October 2026 corporate release confirmed that the Turso acquisition accompanied the additional $150 million financing.¹⁰

The release identified Turso founders Glauber Costa and Pekka Enberg as joining Supabase and stated that Costa would become Head of Agentic Services.¹⁰

The company stated that the Turso platform would continue operating and that its technology would support large numbers of isolated databases for agent-driven applications.¹⁰

The reviewed acquisition announcements do not establish acquisition prices, a complete post-transaction subsidiary register or definitive ownership percentages for every acquired business.^{16, 17, 18, 19, 20, 21, 10}

No public evidence identified of any acquired business operating as a Supabase-controlled Israeli manufacturer, nationally significant Israeli technology subsidiary, Israeli defence supplier or settlement-based enterprise.

Israeli R&D and innovation centres

Supabase’s October 2025 financing announcement stated that the company operated as a fully distributed business without offices, with personnel in 37 countries.⁸

Its June 2026 announcement stated that employees worked across more than 50 countries.⁹

No public evidence identified of a dedicated Supabase-operated research centre, innovation laboratory or accelerator physically located in Israel.

Portfolio and fund exposure

No public evidence identified of Supabase holding Israeli sovereign bonds, Israel Bonds, Israeli defence-company securities or Israel-focused investment funds on its corporate balance sheet.

No public evidence identified of a corporate venture-capital investment by Supabase into an Israeli operating company.

Financing the Israeli state

No public evidence identified of Supabase underwriting Israeli government debt, distributing Israel Bonds, lending directly to Israeli defence manufacturers, financing settlement enterprises or underwriting Israeli state or military insurance.

Controlling-principal investments

The public investor and founder disclosures identify named individuals, but do not establish a verified controlling principal’s material personal or family-office investment in an Israeli enterprise that can be attributed to Supabase under the specified research framework.^{1, 13, 14, 15}

The October 2026 financing announcement identifies participating financial institutions but does not establish any Supabase corporate investment into companies elsewhere in those institutions’ portfolios.¹⁰

No public evidence identified of an Israeli investment executed by a controlling Supabase principal on behalf of the group.

As of 28 October 2026, authoritative publicly accessible ownership and governance records provide insufficient evidence to confirm that any current Supabase beneficial owner qualifies as Israeli capital under the rubric. Supabase’s official investor disclosure identifies institutional and individual investors, including Elad Gil, but provides no individual shareholdings, beneficial-ownership percentages, voting rights, investment-vehicle attribution or shareholder control agreements. The available evidence therefore supports an undetermined ownership classification rather than confirmation or disconfirmation of Israeli beneficial ownership. No verified Israeli-capital stake, voting percentage, controlling investment vehicle or associated governance entitlement can presently be quantified.^{1, 12}

Singapore’s Accounting and Corporate Regulatory Authority (ACRA) confirms that its Central Register of Registrable Controllers contains beneficial-ownership and control information but is unavailable for public inspection or purchase. The underlying private register records individual controllers’ nationalities and corporate controllers’ jurisdictions of incorporation. Separately, ACRA maintains an electronic register of members for locally incorporated companies, with shareholder information available through its corporate-information services. These are distinct records: registered share ownership does not necessarily establish ultimate beneficial ownership or effective control. Consequently, publicly available company descriptions and investor lists cannot substitute for Supabase-specific statutory ownership records, an authenticated capitalization table or shareholder governance documentation.^{23, 24, 25}

The public investor information also does not establish whether any Supabase investment attributed to Elad Gil was made personally, through Gil&Co, through another investment vehicle or through nominees. His inclusion as an investor is evidence of an investment relationship, but the disclosed information does not identify the relevant Supabase security, current economic ownership percentage, voting arrangements or board appointment rights. His investment activities elsewhere cannot independently establish that his Supabase holding qualifies as Israeli capital under the rubric.^{1, 26}

Operational Presence & Market Activity

Corporate operating model

Y Combinator identifies Supabase as a company founded in 2020, associated with San Francisco and operating as a remote developer-infrastructure business.²⁷

Supabase’s October 2025 announcement described its workforce as fully distributed, with no offices and personnel across 37 countries.⁸

By June 2026, Supabase reported employees in more than 50 countries and stated that it did not geographically adjust compensation.⁹

Supabase’s October 2026 corporate announcement reported that its platform was adding more than one million users and four million databases per month, with approximately 70% of new databases created by agents or AI-driven tools.¹⁰

The same announcement described a worldwide developer population exceeding 13 million, without providing an Israel-specific breakdown.¹⁰

Israeli physical footprint

No public evidence identified of a Supabase-owned office, support centre, warehouse, research facility or retail outlet physically located in Israel.

No public evidence identified of a Supabase-owned facility in the West Bank, East Jerusalem or Golan Heights.

Israeli customer and technology adoption

BuiltWith’s Israeli market listing, inspected in October 2026, identified approximately 1,487 websites with detected Supabase technology usage, including examples such as gallery.blings.io, trendzsocial.co.il and mecanix.co.il.²⁸

BuiltWith’s dataset is a third-party technology-detection resource, and its website counts do not independently establish paid subscription status, contractual counterparties, user activity levels or revenue received by Supabase.²⁸

Supabase’s company page reports more than ten million registered developers globally, providing a worldwide adoption figure without an Israel-specific customer or revenue breakdown.¹

Supabase’s 2 October 2026 corporate release subsequently described more than 13 million developers globally, representing a newer company-reported adoption figure.¹⁰

Israeli government and defence customers

No public evidence identified of a directly documented procurement contract between Supabase and the Israel Ministry of Defense, the IDF or an Israeli military-intelligence organisation.

No public evidence identified of a Supabase enterprise agreement expressly supporting named Israeli military systems.

Settlement operations

No public evidence identified of a Supabase service contract expressly connected with settlement administration, settlement construction, settlement tourism or settlement-specific public infrastructure.

No public evidence identified of a named settlement enterprise paying Supabase for managed services.

Employment

Supabase’s June 2026 announcement establishes a workforce spread across more than 50 countries but does not enumerate Israeli employees.⁹

No public evidence identified of a verified Supabase employee count or payroll expenditure within Israel.

No public evidence identified of a Supabase-specific policy providing salary subsidies to Israeli military reservists.

Tax registration

Supabase states that it collects applicable sales tax, VAT, GST and other indirect taxes in jurisdictions where it has relevant collection obligations, and that tax treatment depends on customer billing location.²⁹

No public evidence identified confirming a specific Supabase Israeli VAT registration number, Israeli corporate income-tax registration or Israeli preferred-technology-enterprise designation.

Market positioning

Supabase’s financing announcements describe international developer growth and globally distributed operations, without identifying Israel as a strategic regional headquarters or separately quantified growth market.^{8, 9}

The October 2026 financing announcement identifies increased global demand associated with AI development and agent-driven databases, without identifying Israel as a separately quantified strategic market.¹⁰

No public evidence identified of a company announcement designating Israel as a major national revenue contributor or operational hub.

Charitable giving and military support

No public evidence identified of a verified Supabase corporate donation to an Israeli military-support organisation or settlement-related charity.

No public evidence identified of a Supabase employee donation-matching programme expressly supporting the Friends of the Israel Defense Forces or settlement organisations.

Corporate Structure & Foundational Ties

Founding history

Y Combinator identifies Supabase as a 2020-founded company and names Paul Copplestone and Ant Wilson as its active founders.²⁷

Y Combinator associates the business with San Francisco and describes its operations as fully remote.²⁷

Supabase’s October 2026 corporate announcement independently identifies 2020 as its founding year.¹⁰

No public evidence identified that Supabase was founded or originally incorporated in Israel.

Legal domicile

Supabase’s current Terms of Service identify Supabase Pte. Ltd. as a Singapore corporate entity operating from 65 Chulia Street, OCBC Centre, Singapore.¹²

The same terms identify Supabase, Inc. as a Delaware entity with a registered address at 3500 South DuPont Highway, Dover, Delaware.¹²

Supabase’s legal terms specify that customers purchasing through AWS Marketplace ordinarily contract with Supabase, Inc., while other customers ordinarily contract with Supabase Pte. Ltd., subject to contrary contractual terms.¹²

Supabase’s data-residency FAQ identifies the Singapore entity as the principal processor for ordinary contractual arrangements and the US affiliate as providing technical support and operational services, with a different primary processing arrangement for marketplace purchases.³⁰

No public evidence identified of an Israeli-domiciled parent entity or legacy Israeli corporate headquarters.

Founder and executive identification

Y Combinator identifies Paul Copplestone as CEO and Anthony Wilson as CTO.²⁷

Supabase’s contact disclosures identify Tracy Lane as general counsel.³¹

The October 2026 Turso acquisition announcement identifies Glauber Costa as the incoming Head of Agentic Services following the announced transaction.¹⁰

No public evidence identified establishing that these executives hold Israeli state appointments or serve as directors of an Israeli military procurement body.

Institutional control

Supabase identifies venture-capital and corporate investors but does not publish complete voting-rights disclosures on its company page.¹

Dealroom provides an indicative ownership distribution through its publicly accessible Cloudflare Pages-hosted company profile, but its incomplete estimated capitalization table does not independently establish ultimate beneficial ownership or all shareholder control rights.¹³

The October 2026 financing announcement does not provide the updated voting percentages or board-control arrangements needed to independently establish the transaction’s effect on group control.¹⁰

No public evidence identified of an Israeli government-appointed board member, Israeli state ownership, golden share or charter restriction requiring alignment with Israeli government objectives.

Israeli-Nexus factors

Founded in Israel: no public evidence identified; available founder and company records associate the business with its 2020 international technology-company formation and San Francisco.²⁷

Israeli headquarters or principal management: no public evidence identified; current legal disclosures identify Singapore and US corporate entities.^{12, 30}

Israeli tax residency or PTE status: no public evidence identified.

Beneficial ownership or control by Israeli capital: no public evidence identified establishing Israeli controlling ownership; the published investor list, third-party ownership estimates and October 2026 financing announcement do not supply a complete verified control register.^{1, 13, 10}

Acquired Israeli identity: no public evidence identified of a controlled Israeli operating subsidiary among the reviewed announced acquisitions, including Turso.^{16, 17, 18, 19, 20, 21, 10}

State or defence linkages

No public evidence identified of Supabase having an Israeli governmental ownership stake, state-appointed board representation, official Israeli critical-infrastructure designation or direct Israeli defence procurement relationship.

Post-July 2024 and post-November 2024 activity

Supabase’s October 2025 and June 2026 financing announcements, together with its October 2026 financing and acquisition announcements, demonstrate continuing commercial and corporate activity after both temporal reference dates.^{8, 9, 21, 10}

BuiltWith’s October 2026 Israeli technology listing indicates contemporary detected use of Supabase technology by websites associated with Israel, but does not independently establish continuous paid relationships beginning before the reference dates.²⁸

No public evidence identified of a verified settlement-specific or Israeli military commercial arrangement continuing after 19 July 2024 or November 2024.

The three names Anthony Wilson, Ant Wilson and Greg Kress should not be treated as three independently verified Supabase founders. Y Combinator’s current company profile identifies Paul Copplestone and Ant Wilson as Supabase’s two active founders, with Wilson serving as CTO. General Assembly independently identifies Anthony Wilson as Supabase’s co-founder and CTO, matching the founder and executive role attributed to Ant Wilson. The matching company and distinctive executive position strongly support treating Anthony Wilson and Ant Wilson as two name variants for the same individual. However, these sources do not provide a formal identity-register cross-reference, so the equivalence is strongly supported rather than established through a statutory identity document.^{27, 32}

Greg Kress is separately identifiable as a genuine Supabase-associated individual, but his documented position differs from the founder classification appearing in the previously reviewed indicative ownership profile. Supabase’s official author directory identifies Greg Kress as Founder Advocate, and its 3 October 2025 company blog credits him as the author of an article concerning Y Combinator startup adoption. Y Combinator does not identify Kress among Supabase’s active founders. The evidence therefore supports a distinct person whose professional title was potentially misclassified as corporate-founder status. It does not establish that Kress holds founder equity, belongs within the reported collective founder ownership percentage or possesses founder-level governance rights.^{27, 33, 34}

The previously reported 27.5% collective founder ownership estimate cannot be reliably allocated among Anthony Wilson, Ant Wilson, Greg Kress and Paul Copplestone. The apparent duplication of Wilson’s name variants and the unsupported classification of Kress as a corporate founder undermine the reliability of that four-name attribution. These discrepancies do not independently disprove the aggregate percentage, but they prevent it from being treated as a verified founder-level capitalization breakdown. No authoritative source reviewed establishes an individual percentage, voting entitlement or investment vehicle for any of the four names in that attribution.^{1, 27, 32, 33}

28 October 2026 - no public evidence identified: searches of Supabase’s official investor disclosures, Y Combinator’s founder records, independent executive biographies, Supabase’s employee author directory and ACRA’s corporate-register access rules did not produce a publicly verifiable current beneficial-ownership schedule identifying an Israeli-qualified controlling shareholder, an Israeli-controlled investment vehicle, a qualifying minority holding with documented governance rights or an authoritative allocation of the indicative founder ownership percentage. ACRA confirms that its beneficial-controller register is restricted from public access, leaving the underlying beneficial-ownership question unresolved.^{1, 23, 25, 27, 32, 33}

Profit Repatriation & Economic Contribution

Commercial revenue model

Supabase provides paid software infrastructure and managed database services through a globally accessible platform.^{2, 29}

The company’s legal terms distinguish ordinary Singapore-entity customer contracts from AWS Marketplace transactions ordinarily contracted through its US entity.¹²

Israeli revenue

BuiltWith identifies websites associated with Israel that appear to use Supabase technology, but the detected website count does not establish the financial value of any subscriptions.²⁸

No public evidence identified of Supabase’s actual revenue generated from Israeli customers.

No public evidence identified of a published percentage of group revenue attributable to the Israeli market.

Profit repatriation

Supabase’s current legal documents identify its Singapore and US contracting and processing entities, but do not disclose country-specific net profits, dividend payments or intercompany transfer amounts.^{12, 30}

No public evidence identified of Supabase repatriating profits from global operations into an Israeli parent company.

No public evidence identified of quantified profits remitted from an Israeli Supabase subsidiary to a foreign parent.

Tax contribution

Supabase’s billing documentation describes the collection of indirect taxes where legally required and where the company is registered to collect them.²⁹

No public evidence identified of a quantified Israeli corporate-tax, payroll-tax or VAT contribution by Supabase.

Capital inflows and allocation

Supabase reported a $100 million Series E in October 2025 and a $500 million Series F in June 2026.^{8, 9}

Its June 2026 announcement stated that the financing would support open-source development, operational growth and employee liquidity.⁹

On 2 October 2026, Supabase announced a further $150 million financing with GIC as lead investor and CapitalG, IronArc and SquarePeg participating.¹⁰

The company stated that the new financing would support product development associated with agent-driven databases and provide additional liquidity for employees.¹⁰

The October announcement identified the Turso acquisition as a concurrent transaction but did not disclose its purchase consideration.¹⁰

The three announced financing transactions total $750 million, comprising $100 million in October 2025, $500 million in June 2026 and $150 million in October 2026.^{8, 9, 10}

No public evidence identified of these financing proceeds being specifically allocated to Israeli subsidiaries, Israeli research facilities, Israeli sovereign bonds or Israeli military suppliers.

Economic ecosystem role

The BuiltWith listing identifies detected adoption of Supabase by websites associated with Israel, demonstrating a visible technology-use footprint without establishing the company’s employment, revenue or tax significance within Israel.²⁸

Supabase’s October 2026 announcement describes rapid worldwide adoption associated with AI-driven database creation but provides no specific measure of economic activity in Israel.¹⁰

No public evidence identified of an Israeli governmental designation identifying Supabase as a strategic national technology provider, major Israeli employer or critical domestic infrastructure operator.

No public evidence identified of quantified Supabase revenue originating in Israeli settlements.