Notionrevenue, valuation & funding
Team Collaboration SoftwareSan Francisco, CaliforniaFounded 2013CEO Ivan Zhao
Notion Labs, Inc. is the company that owns notion.so.
Notion revenue & ARR
Notion's annual recurring revenue passed $600M in December 2025 (Forbes).
All 7 revenue readings, with sources
– source not recorded
Notion Valuation
| Year | Round | Zhao | Fast | Kothari | ESOP | Seed | Series A | Series B | Series C |
|---|---|---|---|---|---|---|---|---|---|
| 2016 | Seed | 38.53% | 38.53% | 10% | 10% | 2.93% | |||
| 2019 | Series A | 37.66% | 37.66% | 9.77% | 9.77% | 2.87% | 2.28% | ||
| 2020 | Series B | 36.72% | 36.72% | 9.53% | 9.53% | 2.79% | 2.22% | 2.50% | |
| 2021 | Series C | 35.71% | 35.71% | 9.27% | 9.27% | 2.72% | 2.16% | 2.43% | 2.75% |
| 2024 | |||||||||
| $ Value | Zhao | Fast | Kothari | ESOP | Seed | Series A | Series B | Series C | |
| 2016 | Seed | $28.9M | $28.9M | $7.5M | $7.5M | $2.2M | |||
| 2019 | Series A | $301.2M | $301.2 | $78.2M | $78.2M | $22.9M | $18.2M | ||
| 2020 | Series B | $734.3M | $734.3M | $190.56M | $190.56M | $55.9M | $44.4M | $50M | |
| 2021 | Series C | $3.57B | $3.57B | $926.6M | $926.6M | $271.8M | $215.7M | $243.1M | $275M |
| 2024 | Latka Estimate | $10.7B | $10.7B | $2.8B | $2.8B | $815.4M | $647.1M | $729.4M | $825M |
Notion valuation
Notion is privately held, so there is no Notion stock to buy. Investors valued it at $11B in December 2025.
Valuation history$11B Valuation 2025$10B Series C 2021$2B Series B 2020
Notion funding rounds & investors
Notion has raised $343.2M across three rounds since 2019. The latest was a $275M Series C in October 2021, led by Sequoia & Coatue.
| Date | Round | Raised | Valuation | Led by | Source |
|---|---|---|---|---|---|
| Oct 2021 | Series C | $275M | $10B | Sequoia & Coatue | siliconangle.com |
| Apr 2020 | Series B | $50M | $2B | – | |
| Jul 2019 | Series A | $18.2M | – | – | |
| Total raised | $343.2M |
Notion competitors
Notion competes most directly with Atlassian, monday.com, Asana, ClickUp and 1 other.
| Company | Revenue | Funding | Employees | Customers | Founded |
|---|---|---|---|---|---|
 Atlassian | $6.6B | – | 10.7K | – | 2002 |
 monday.com | $1.2B | $384.1M | 1,688 | 59.2K | 2012 |
 Asana | $790.8M | $453.2M | 3,914 | 75K | 2009 |
| Notion | $600M | $343.2M | 1,000 | 4M | 2013 |
 ClickUp | $300M | $537.5M | 1,010 | 100K | 2017 |
 Doist Inc. | $11.2M | – | 102 | – | – |
Notion CEO, founders & employees
Ivan Zhao founded Notion in 2013 with Simon Last and Akshay Kothari and runs it as CEO. Notion has 1,000 employees (December 2025, Forbes estimate), up from 808 a year earlier.
- Ivan ZhaoCo-founder & CEO
- Simon LastCo-Founder
- Akshay KothariCo-Founder
BoardToshi Otani, Mitch Kitamura
InvestorsShana Fisher, Ram Shriram, Josh Kopelman, Lachy Groom, Elad Gil, Sarah Cannon, Daniel Gross, Ronny Conway, Caryn Marooney, Mike Vernal, Naval Ravikant, Aydin Senkut
All 8 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2025 | 1,000EST. | Forbes estimate |
| Sep 2025 | 1,000 | CNBC |
| Oct 2024 | 808 | – |
| Mar 2024 | 650 | – |
| Jul 2023 | 350 | – |
| Mar 2022 | 280 | – |
| Aug 2021 | 238 | – |
| Nov 2020 | 148 | – |
Notion FAQ
What is Notion's revenue?
Notion's annual recurring revenue passed $600M in December 2025, according to Forbes.
What is Notion's valuation?
Investors valued Notion at $11B in December 2025, according to Forbes.
How much funding has Notion raised?
Notion has raised $343.2M across three funding rounds. The latest was a $275M Series C in October 2021, led by Sequoia & Coatue.
Who owns Notion?
Notion is privately held. Its lead investors include Sequoia & Coatue.
How many employees does Notion have?
Forbes estimates Notion's headcount at about 1,000 (December 2025).
Who is the CEO of Notion?
Ivan Zhao is the CEO of Notion and co-founded the company in 2013.
Who founded Notion?
Simon Last, Akshay Kothari and Ivan Zhao founded Notion in 2013.
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How this page is sourced
4 from public sources · 1 estimate. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Oct 7, 2026Data disclaimerReport a correctionClaim this profileRun Notion? Join the podcast