We can also expect to see some new hires to bolster its current offerings with new features. When was the last funding round for Notion Notion closed its last funding round on from a Series C round. How much funding has Notion raised to date Notion has raised 343.2M. Who invested in Notion Notion has 32 investors including Coatue and Shine Capital. With around $325 million in the bank, it’s safe to assume more acquisitions are on the way, as Notion continues to invest on improving its platform. Notion is located in San Francisco, California, United States. Notion users can use Automate to connect their Workspace to Slack, Gmail, Salesforce, Microsoft Office 365, Dropbox, QuickBooks and a host of other services, setting up all sorts of relationships and automations to pass information between services. This news comes a month after Notion acquired Automate.io, an startup that connects Notion to more than 200 services, to accelerate adoption of the Notion API across its user base, offering them a convenient way to connect their Workspace to other tools. The startup has raised $275 million in a new funding round led by Coatue Management and Sequoia, with participation from Base10 Partners, reports Forbes, and it still has most of the $50 million it raised in 2020, so it’s well positioned to scale. Capital Ventures, and numerous individual investors, the most notable being Elad Gil, ex-vice president of Twitter.Notion is now worth an estimated $10 billion, up from its last valuation of $2 billion in April 2020 after seeing its active users surge from 4 million to 20 million as people transitioned to remote work during the outbreak of the COVID-19 virus. The startup is backed by investment firms such as Sequoia Capital, A. Headquartered in San Francisco, Notion has over 40 employees. It is notable that Cannon also led the funding round raised by Quill, a potential competitor of Notion. In my view, Notion is both of those.” Cannon had been pestering the executives of Notion for the past 18 months to accept the investment. Index Ventures partner Sarah Cannon revealed, “In times of economic uncertainty you only want to invest in best-in-class and generation-defining companies. Kothari referred to the new funds as “a signal of stability.” The startup plans to grasp the opportunity and expand its customer base through additional funds. Its hard, Vernal says.nd at Notion, Kothari says his message for employees after reaching a 10 billion valuation has been to. Angel (individual) 2: 1.01M: 00.000: 00.000: Completed: Generating Revenue: To view Notion Press’s complete valuation and funding history, request access » Notion Press Cap Table. The work from the home situation has led to an increase in the users of their apps. Deal Type Date Amount Raised to Date Post-Val Status Stage 1. However, the recent pandemic COVID - 19 has made the executives to reassess their decision. He further added that the operations of the company had never been constrained by money. The founders believe that the company’s apps would replace Microsoft office suite.Īkshay Kothari, CEO of Notion, has earlier stated, “We’ve had opportunities to raise a lot more, but we’ve never felt like if we had more money we could grow faster,” expressing the company’s disinterest in raising new capital. It considers itself as the competitor of Microsoft. This number is a bit misleading after many growth. The startup offers its services on a subscription-based model. The October 2021 Series C funding round confirms the Notion valuation at about 10 billion. It offers highly customizable apps such as note-taking, tasks, wikis, and databases aimed at increasing the productivity. The funding came as a surprise to many as Notion executives were had declined investments from major investors in the past.įounded in 2016, the company provides an all-in-one online workspace to enterprise customers. Prior to this, the company had only raised $10 million at a valuation of $800 million. Highlights Investments 2 Funding Rounds 6 Total Funding Amount 343.2M Lead Investors 3 Investors 32 Funding Notion has raised a total of 343. The funding has increased the company’s valuation to $2 million and allowed it to gain the unicorn rank now. The workspace productivity platform recently announced that it has raised $50 million in its latest funding round led by Index Ventures.
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