Private Valuation & Funding Round Tracker · Notion

Notion funding rounds & valuation history

Name: Notion Funding Rounds & Valuation History
Creator: growthnavigatefunding.net

Notion (Notion Labs), the San Francisco workspace-software company, from its 2019 round at $800M to the 2026 employee tender at $11B, sourced to Notion, TechCrunch, Business Insider, Forbes, SiliconANGLE and The Business Times.

Last updated: 13 Nov 2026 (IST). Every figure re-checked against the linked sources that day. Rows: 4 Currency: US$, nominal

⬇ Download CSV Cite this dataset Methodology & status definitions

Last closed round Closed

$10B

$275M Funding round, 8 Oct 2021 (Forbes)

Up-step, 2021 round

5.00×

$10B vs $2B (GNF calc.)

Total raised

$335M in rounds shown

$10M (2019) + $50M (2020) + $275M (2021), GNF calc.; earlier seed money not included

Latest signal Tender

$11B

$270M employee tender, 26 Jan 2026 (Notion)

Round history

Newest first. Dashed badges and striped rows are not closed transactions. “—” means the source does not disclose the figure or it cannot be computed on the same basis; see the note in each row.

Notion funding rounds and share sales, July 2019 to January 2026
Date	Status	Round	Amount	Lead / buyer	Valuation	Val. ÷ run-rate	Source
26 Jan 2026	Tender	Employee tender offerShares bought from current and former employees; no new money for Notion. Forbes reported the tender’s launch at $11B on 15 Dec 2025.	$270M	GIC (new), Sequoia Capital, Index Ventures	$11BStated by Notion (“The total tender was $270M at an $11B valuation”); tender price, not a primary round	—Not disclosedTender price, not a new round; no multiple	Notion, 26 Jan 2026Also: The Business Times, 27 Jan 2026, Forbes, 15 Dec 2025
8 Oct 2021	Closed round	Funding roundStill Notion’s last primary round as of November 2026.	$275M	Sequoia Capital, Coatue	$10BReported by Forbes and SiliconANGLE as disclosed by Notion (“valuation has jumped to $10 billion”); basis not stated5.00× vs prior closed	—Not disclosedNo run-rate stated in the announcement	Forbes, 8 Oct 2021Also: SiliconANGLE, 8 Oct 2021
1 Apr 2020	Closed round	Funding roundFirst reported by The New York Times.	$50M	Index Ventures	$2BConfirmed by a Notion spokesperson to TechCrunch (“at a $2 billion valuation”); basis not stated2.50× vs prior closed	—Not disclosedNo run-rate stated in the announcement	TechCrunch, 1 Apr 2020
Jul 2019	Closed round	“Angel round”Notion calls it an “angel round”; Business Insider: the round “was entirely comprised of investments from those three”. Month is the reporting month.	$10M	Daniel Gross, Lachy Groom, Elad Gil	$800MReported (first by The Information) and discussed by COO Akshay Kothari with Business Insider (“raise $10 million at an $800 million valuation”); basis not stated	—Not disclosedNo run-rate stated in the announcement	Business Insider, 20 Jul 2019Also: TechCrunch, 12 Nov 2019

Step-up = valuation ÷ the prior closed valuation (GNF calc.). Talks, tenders and rounds without a stated valuation carry no step-up.

Valuation at each closed round

Closed rounds with a stated or reported valuation. Talks, tenders and rounds without a valuation are in the table, not the chart.

2019 roundJul 2019$800M
2020 roundApr 2020$2B
2021 roundOct 2021$10B

Sources: Notion; The Business Times; Forbes; SiliconANGLE; TechCrunch; Business Insider. US$ billions, linear scale.

Timeline

Each round and share sale, oldest first.

Jul 2019 · Closed
“Angel round”: $10M at $800M, led by Daniel Gross, Lachy Groom, Elad Gil.
1 Apr 2020 · Closed
Funding round: $50M at $2B, led by Index Ventures.
8 Oct 2021 · Closed
Funding round: $275M at $10B, led by Sequoia Capital, Coatue.
26 Jan 2026 · Tender
Employee tender offer: $270M at $11B.

Still private: Notion has not filed for an IPO and is not owned by a listed company. Its latest valuation, $11B, comes from a January 2026 employee tender, not a primary round (Notion).

Cite this dataset

Free to quote with a link back. Copy this citation:

Notion Funding Rounds & Valuation History. Private Valuation & Funding Round Tracker, GrowthNavigateFunding.net, updated 13 Nov 2026. https://growthnavigatefunding.net/funding/notion/

Download the data

The same 4 rows as the table: numeric US$ columns, empty cells where a figure is not disclosed, and a source URL for every row.

File: notion-rounds.csv (UTF-8, comma-separated)
Stable URL: https://growthnavigatefunding.net/wp-content/uploads/2026/11/notion-rounds.csv
Columns: id, date, date_precision, status, transaction_type, round, amount_usd_low, amount_usd_high, lead_or_buyer, co_leads, valuation_usd_low, valuation_usd_high, valuation_basis, valuation_to_run_rate_multiple, multiple_bound, multiple_basis, step_up_vs_prior_closed, price_per_share_usd_low, price_per_share_usd_high, shares, source, source_url, other_source_urls, notes, last_updated
Updated: 13 Nov 2026 (IST)

⬇ Download CSV

Methodology & status definitions

How each row is labelled and calculated.

Closed round

A primary round announced by the company or confirmed in the press, bringing new money to the company.

Tender

A sale of existing shares (employee tender, secondary or buyback). It brings no new primary capital, so it is Status, not the last-closed valuation; no step-up or multiple.

Valuation ÷ run-rate

Post-money valuation ÷ the run-rate the company stated in that announcement (GNF calc.). Where the run-rate is “crossed” or “over” a figure, the multiple is shown as “under X×”. No row qualifies here unless shown, so no multiple is invented.

What is not a separate row

Seed money before 2019 (not separately sourced here), acquisitions made by Notion, and secondary-market price estimates.

Updates & corrections

This page stays at one address and is updated in place; the “Last updated” date above drives the citation and the dataset metadata. Corrections: hello@growthnavigatefunding.net. Informational only; not investment advice.

Changelog

13 Nov 2026: Dataset first compiled (batch 3, not yet published).

Notion Funding Rounds & Valuation History (2019–2026)