Notion is a productivity and note-taking application developed by Notion Labs, Inc. It serves as a workspace for notetaking, knowledge management, data organization, and project and task tracking. It was first released in 2016 and is available on the web and as desktop and mobile apps. It is headquartered in San Francisco.
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History
Notion Labs, Inc. was created as a startup in San Francisco, California, founded in 2013 by Ivan Zhao, Akshay Kothari, Chris Prucha, Jessica Lam, Simon Last, and Toby Schachman. It was funded by an initial seed round of around $2 million. The company encountered financial challenges during early development of the app. Notion 1.0 released in August 2016, which was quickly adopted by tech enthusiasts.
In March 2018, Notion 2.0 was released. At that point, the company had fewer than 10 employees.
In September 2019, the company announced it had reached 1 million users.
In January 2020, Notion raised $50 million from Index Ventures and others, valuing the company at $2 billion. In May of that same year, the company announced that users on its free plan will be able to create unlimited "blocks," where they were previously restricted to 1,000 before needing to pay for premium.
Notion acquired an India-based startup, Automate.io, which develops integrations between a variety of services in September 2021. A month later in October, in a round of funding led by Coatue Management and Sequoia Capital, Notion raised $275 million. The investment valued Notion at $10 billion, and the company had 20 million users.