Valuation
$11B
2025 Revenue
$600M
Customers
4M
Funding
$343.2M
YOY
100%
Avg ACV
$150
Team
1K(Est.)
Founded
2013
Notion Revenue, Valuation & Funding (2025)
Notion generated $600M in revenue in 2025. Source: forbes.com
Notion Labs, Inc. is the company that owns notion.so. It is a privately-held software company based in San Francisco, California, that provides a productivity and collaboration platform that allows users to create, organize, and share notes, tasks, wikis, and databases. The company was founded in 2013 by Ivan Zhao, and has since raised over $300 million in funding from investors including Index Ventures, Sequoia Capital, and Greylock Partners. Notion is used by individuals, teams, and organizations of all sizes across various industries to streamline their workflow, increase productivity, and improve collaboration.
Last updated
Notion Revenue
Notion generated $600M in revenue in 2025. The company previously reported $500M in 2025. Since its launch in 2013, Notion has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Notion Hit $600m revenue in December 2025 | forbes.com |
| 2025 | Notion Hit $500m revenue in September 2025 | cnbc.com |
| 2024 | Notion Hit $300m revenue in June 2024 | Not recorded |
| 2023 | Notion Hit $240m revenue in November 2023 | Not recorded |
| 2021 | Notion Hit $31m revenue in November 2021 | Not recorded |
| 2020 | Notion Hit $13.3m revenue in April 2020 | Not recorded |
| 2019 | Notion Hit $3m revenue in January 2019 | Not recorded |
| 2013 | Launched with $0 revenue |
Notion Valuation, Funding Rounds
Notion reached a $11B valuation in 2025, set during its Valuation round.
Notion has raised $343.2M in total funding across 3 rounds, most recently a $275M Series C round in 2021.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | Valuation | - | $11B | - | forbes.com |
| 2021 | Series C | $275M | $10B | 3% | siliconangle.com |
| 2020 | Series B | $50M | $2B | 3% | Not recorded |
| 2019 | Series A | $18.2M | - | - | 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 |
Founder / CEO
Ivan Zhao
CEO
I am Ivan Zhao, cofounder/designer of Notion – a unified tool for docs, wikis, and tasks. We just launched the 1.0 a couple weeks ago, which you can play with the web/Mac app at notion.so (and we are hiring!) To give you some background, our goal with Notion is to create the general purpose work tool for a post-file, post-MS Office world. My cofounder and I often joke that this was like the "hot startup topic" of the 90s. Unfortunately, tools for knowledge workers haven't advanced much since then. The state of art is either Google Docs/Quip/Dropbox Paper (multiplayer WordPerfect), or rigid SAAS apps (forms + a table+ some buttons). To end users, all the knowledge and workflows are trapped in different "silos", the best people can do is to duct-tape everything together, previously with emails, nowadays with Slack – Notion is our creation to challenge this status quo of "software as silos". Before tech, I seriously considered a career in photography, as well as academia (cognitive science).
Customers
Notion serves 4M customers.
Notion Employees & Team Size
Notion employs approximately 1K people as of 2026, up from 808 in 2024. It serves 4M customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 1K employees (December 2025) | forbes.comEstimated |
| 2025 | Reached 1K employees (December 2025) | forbes.comEstimated |
| 2025 | Reached 1K employees (December 2025) | forbes.comEstimated |
| 2025 | Reached 1K employees (September 2025) | cnbc.com |
| 2024 | Reached 808 employees (October 2024) | Not recorded |
| 2024 | Reached 650 employees (March 2024) | Not recorded |
| 2023 | Reached 350 employees (July 2023) | Not recorded |
| 2022 | Reached 280 employees (March 2022) | Not recorded |
| 2021 | Reached 238 employees (August 2021) | Not recorded |
| 2020 | Reached 148 employees (November 2020) | Not recorded |
Frequently Asked Questions about Notion
What is Notion's revenue?
As of 2025, Notion generated $600M in revenue.
What is Notion's valuation?
As of 2025, Notion was valued at $11B.
Who founded Notion?
Notion was founded by Ivan Zhao.
When was Notion founded?
Notion was founded in 2013.
Who is the CEO of Notion?
The CEO of Notion is Ivan Zhao.
How much funding does Notion have?
Notion raised $343.2M across 3 rounds.
How many employees does Notion have?
As of 2025, Notion had 1K employees.
Where is Notion headquartered?
Notion is headquartered in San Francisco, California, United States.
Compare Notion to the industry
Notion operates across multiple industries. Browse revenue, funding, and growth data for Notion in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed
Atlassian
Atlassian is a team collaboration and productivity software company founded in 2002 and...
monday.com
monday.com Ltd is an Israeli-based cloud-based platform that allows users to create their own...
Asana
Asana is a web and mobile application designed to help teams organize, track, and manage their...
ClickUp
The company that owns ClickUp.com is called Mango Technologies, Inc. It was founded in 2017 and is...
Doist Inc.
Simplify life for both you and your team. The world’s #1 task manager and to-do list app.
Razorpay
Razorpay is a leading Indian fintech company, founded in 2014 by Harshil Mathur and Shashank Kumar...
