Early this year, Notion experienced a problem unusual to enterprise software startups: it went viral on TikTok. On January 4, millions of users logged on to Notion to check their note-taking, to-dos and calendars to start the new year, only to find the service was down. A month later, it happened again. Twitter buzzed with “panicked” users.
Notion has raised $275 million in a new funding round led by Coatue Management and Sequoia, with participation from Base10 Partners. Not counting the new money poured in, the investment values Notion at $10 billion.
In an interview, Kothari and Olivia Nottebohm, who joined Notion as chief revenue officer in June, said the funding would go towards Notion’s “platform” push to offer, and connect to, more applications, as well as staffing up its operations to meet its international and big-business demand. Based in San Francisco, Notion now maintains offices in Dublin, New York, Tokyo and Hyderabad, where it recently acquired startup Automate.io