“Notion’s business prospects will hinge as much upon an age-old enterprise software issue: its ability to scale within large organizations without becoming unwieldy or more productivity drain than boon.As competitors Coda and Roam Research receive their own funding, Notion is distinguished by its unrivaled user community, according to investors.The investment will also contribute to Notion’s expanded integration with other apps, as well as globalizing sales and support teams. After its explosive growth strained the infrastructure that powers Notion, company executives said it would utilize the funding to continue improving performance.The updated valuation comes with Notion’s latest investment round of $275 million, led by Coatue Management and Sequoia.To no one’s surprise, the pandemic catalyzed that growth, but Notion’s rapid adoption was also fueled its unanticipated virality on TikTok.That tracks with user growth: Notion quintupled its user base in 2020.The $10 billion is more than four times Notion’s previous valuation of $2 billion in April 2020.Among the most widely circulated articles about the valuation is Alex Conrad‘s piece in Forbes. All of which offer their own set of perks that the free version does not offer like unlimited file uploads, collaborative workspaces, priority support, and more.As of October 8, 2021, Notion is valued at $10 billion. Notion makes all of its money through the subscription service they offer to their customers.Īlthough Notion is free to use, they also offer three (3) paid subscription tiers for customers who need more Personal Pro, Team, and Enterprise. Headquarters Regions San Francisco Bay Area, West Coast, Western US. Notion has a revenue model that makes money in just one (1) way subscription revenue. Including their main revenue stream and how much they charge for their services. So how does Notion make money off of all those users?īelow is a breakdown of how much money Notion makes and its revenue model. Source: Apple App Store | Notion How does Notion make money?Īccording to reports, Notion has more than 20 million users that use their project management app. Some of Notion’s competitors include Slack, Trello, Asana, and other project management apps for teams. Once signed up, users can begin note taking, jotting ideas, create to-do lists, tasks, checklists, and more – all for free with available options to upgrade. So, how does Notion work? To use Notion, users can either first download their mobile app in the Apple App Store or Google Play store or go to their website and create an account. Notion is a project management and note-taking software to help boost users’ productivity.ĭeveloped and released in 2016 by Ivan Zhao (founder of Notion Labs Inc.), Notion now has more than 20 million users that use their productivity app. What is Notion, and how does Notion work? How does Notion make money and how is it free to use? Well, here is a full, in depth, breakdown of their main revenue stream and services they offer, as well as the Notion business and revenue model, how much Notion makes per year, and how Notion works. Notion funding, net worth, and valuation.What is the Notion business and revenue model?.Notion subsidiaries, acquisitions, and exits.What is Notion, and how does Notion work?.
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