Series C · Founded 2013
Notion
Connected workspace combining documents, databases, wikis and lightweight project management.
Overview
Notion's flexibility is both its moat and its ceiling: teams adopt it enthusiastically and then hit governance limits at scale. Recent investment has gone into search, permissions and AI retrieval to address exactly that.
Key metrics
- ARR
- $580M
- Registered users
- 100M+
- Paid seats
- 4.1M
- Free-to-paid conversion
- 3.8%
Estimated
Products
Timeline
2018
Notion 2.0
Database blocks turned a note app into a workspace platform.
2021
$10B valuation
Raised $275M as remote work drove workspace consolidation.
2023
Notion AI
Shipped an AI writing and retrieval layer as a paid add-on.
2026
Enterprise search
Cross-tool retrieval launched to defend against wiki consolidation.
Compensation at Notion
Reported median total compensation by role.
| software engineer | $241k |
| product manager | $232k |
| product designer | $226k |