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NOTION
Notion
Productivity software / SAAS · San Francisco, California · United States · Founded · 2013 · ≈ · 1,000 · employees

Notion — Valuation, Funding & Investors

IPO filed

Notion is a private company building in productivity software / saas with an IPO filing. Investors last valued the company at $18.5B (post-money). Until the offering prices, its shares do not trade on a public exchange.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Notion at a glance
Last valuation
$18.5B
POST-MONEY · FEB 2026
Raised across rounds
$607M
6 rounds
Nearest Canborsa market
MSFT—
MSFT-PERP · live
Valuation history

Notion valuation history

5 valuations. The latest, $18.5B post-money, was set by the S-1 Filing in Feb 2026.

$18.5B
Apr 2019
$800M
Series A · post-money
Jan 2020
$2B
Series B · post-money
+150% vs prior valuation
Oct 2021
$10B
Series C · post-money
+400% vs prior valuation
Jan 2026
$11B
Private tender offer · tender
+10% vs prior valuation
Feb 2026
$18.5BLATEST
S-1 Filing · post-money
+68% vs prior valuation
Latest valuation
$18.5Bpost-money
Set by the S-1 Filing · 12 Feb 2026
×23.1since the $800M Series A in Apr 2019
Valuations
5
Priced rounds with a valuation
Event type
Primary round
The S-1 Filing
Undated: Seed at —.
Funding history

Notion funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series A
Apr 2019
$10M
$800M
—
—
Series B
Jan 2020
$50M
$2B
Index Ventures
+150.0%
Series C
Oct 2021
$275M
$10B
Coatue Management, Sequoia Capital
+400.0%
Private tender offer
Jan 2026
$270M
$11B
GIC, Sequoia Capital, Index Ventures
+10.0%
S-1 Filing
Feb 2026
—
$18.5B
—
+68.2%
Seed
—
$2M
—
—
—
Notion · investors

Investors

GGICLEADSSequoia CapitalLEADIndex VenturesLEADCoatue ManagementLEAD
Will Notion IPO?
Founded
2013
Apr 2019
Series A · $800M
Feb 2026
S-1 Filing · $18.5B
IPO
Filing made
A filing has been made.
Notion — the private market
Last valuation$18.5B · post-money · Feb 2026
Total raised$607M
Lead investors
GICSequoia CapitalIndex VenturesCoatue Management
IPO statusFiling made
Founded · HQ2013 · San Francisco, California · United States
Employees≈ 1,000
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Notion

Notion Labs builds Notion, a workspace that folds notes, wikis, databases and project tracking into one customizable surface, now paired with AI agents that go beyond documenting work to doing it. Ivan Zhao, Akshay Kothari, Chris Prucha, Jessica Lam, Simon Last and Toby Schachman founded the company in San Francisco in 2013, and it has grown into a workspace used by more than 100 million people, with customers ranging from OpenAI and Figma to Ramp, Cursor and Vercel.

The product is available on the web and as desktop and mobile apps in more than a dozen languages, and a template gallery of over 10,000 templates helps new teams get started. Notion's own explanation of its mission traces work tools back to typewriters and file cabinets, framing the product as the next step after Google Docs and Dropbox.

The money screen · ranked by accessibility

How to get Notion exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Notion.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Notion availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Notion included.

No account needed

Notion stock — frequently asked questions

Who has invested in Notion?›

Lead investors for each round are in the funding timeline.

Who are Notion's competitors?›

The closest productivity software / saas peers are on the competitors page.

How can I get exposure to Notion?›

The routes section explains what is realistically available for a company at this stage.

Is Notion publicly traded?›

Not yet. Notion has filed for an IPO; until it prices, the shares do not trade publicly.

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