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Notion

Enterprise Software & Business Services · San Francisco, California · Private

Notion is a collaborative workspace for documents, databases, wikis and AI-assisted knowledge management.

$11BLatest valuation2025 tender offer
$270MLatest liquidity eventEmployee tender, 2025
PrivatePublic statusNo listed shares

The Company

Notion combines flexible documents, databases and team knowledge into an adaptable workspace used by individuals and organizations.

It has extended its product line with AI features, calendar and email products, increasing its ambition to become a broader work hub.

Why It Matters

Notion is a useful private-market test of whether AI can deepen engagement for collaborative software rather than merely add a feature. Its employee tender gave a more current mark after the 2021 venture boom.

Valuation History

  1. $2.0B→Apr 2020FinancingSource ↗
  2. $10.0B→Oct 2021Series CSource ↗
  3. $11.0B→Jan 2026~$270M employee tender (GIC, Sequoia, Index)Source ↗

What Changed

  1. Launched Notion Mail and continued expanding AI-assisted work products.

  2. GIC, Sequoia and Index purchased around $270M of employee shares at an $11B valuation.

THE NEXT COMPANY. A CLEARER PICTURE.

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