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Notion

What Notion does

Notion is a private, San Francisco–based knowledge-work platform that combines docs, databases, and collaboration with an “AI-first” layer for writing, search, and agentic automation. The company’s current product direction emphasizes AI Agents that can perform multi-step work inside Notion—moving from one-off AI assistance toward autonomous, workflow-executing teammates—plus developer-facing integration primitives to connect external tools and (increasingly) external AI agents into a unified workspace experience.

On the consumer and team side, Notion markets itself as an all-in-one workspace where users can build structured systems (from pages to databases) and then use Notion AI to generate and refine content, answer questions, and help teams find and reuse knowledge. The agent roadmap centers on “Notion Agent”/AI features included in Notion’s paid tiers, and then expands to “Custom Agents,” which Notion describes as autonomous AI teammates that can handle recurring work across Notion and connected tools. Notion also positions Enterprise Search and AI Meeting Notes as core AI utilities for teams that need retrieval and summaries grounded in their workspace context.

From a business model perspective, Notion appears to monetize primarily through subscription tiers (Free, Business, Enterprise) and add-on/usage-based components for certain agent capabilities. In February 2026, Notion introduced Custom Agents with usage-based pricing via “Notion Credits,” stating that Custom Agents consume credits and that seat price remains the same while other Notion AI features remain included in Business and Enterprise plans. Notion also runs secondary share liquidity through private tender activity involving existing investors and employees, indicating an established private-capital shareholder base.

Strategically, Notion’s most visible differentiation is its attempt to keep AI grounded in the structure and context of the user’s workspace (pages, databases, and permissions) and to wrap agent execution with admin controls, usage analytics, and enterprise governance features. The company also emphasizes data-residency and control surfaces for regulated organizations, including expanding in-region options in Asia (Japan and South Korea).

News

Company record

Jun 08, 2026 · Official · Notion (Board of Directors)Meet Notion’s Board of Directors (Notion’s first board of directors)

Notion announced its first board of directors, listing Jonathan Chadwick, Pat Grady, Gretchen Howard, Christopher Payne, and Patrick Hsu.

May 04, 2026 · Official · Notion (Custom Agents beta learnings)Custom Agents out of beta; usage-based pricing goes live (Notion Credits)

Notion reported in its Custom Agents beta learnings that Custom Agents moved out of beta and that usage-based pricing went live.

Mar 23, 2026 · Official · Notion (Data residency expansion)Notion expands data residency to Japan and South Korea (in-region option for Enterprise plan customers)

Notion announced that starting in May 2026, Enterprise plan customers in Japan and South Korea can choose to keep Notion data at rest in-region.

Feb 24, 2026 · Official · Notion (Introducing Custom Agents)Custom Agents pricing and credits announced; credits-based add-on starting May 4, 2026

Notion introduced Custom Agents and described enterprise controls plus a shift to usage-based pricing via Notion Credits, stating Custom Agents would be free through May 3, 2026 and would use credits starting May 4, 2026.

Jan 26, 2026 · Official · Notion (CFO post)GIC, Sequoia, and Index purchase Notion shares in a private tender offer

Notion announced a private tender offer totaling about $270M at an $11B valuation, with new investor GIC joining returning investors Sequoia Capital and Index Ventures.

2022-02-?? · Official · Notion (Acquisition announcement)Notion acquires Cron (calendar)

Notion announced its acquisition of Cron, described as a next-generation calendar, framing it within Notion’s broader productivity suite.

Source map · 2 recurring channels · 20 references

Still resolving: Newsroom · Official X

Funding

Latest disclosed valuation$11B
Tracked capital$607M6 sourced rounds
DateRoundRaisedValuationLead / investorsEvidence
Jan 26, 2026Private tender offer (secondary share purchase)$270M$11B
Not attributed
+3 investors
Jul 29, 2022Private tender (secondary share purchase)$10B
Not attributed
+2 investors
Oct 08, 2021Series C (reported)$275M$10B
Apr 01, 2020Series B (Index-led funding round)$50M$2B
Jul 01, 2019Early round (often reported as Series A / angel round)$10M$800M
Jan 01, 2013Seed (angel round)$2M
Not attributed

What it builds

Notion AI (incl. Notion Agent, AI Meeting Notes, Enterprise Search)

Notion AI provides AI-assisted writing and assistance inside Notion, including features Notion highlights as Notion Agent, AI Meeting Notes, and Enterprise Search.

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Custom Agents

Custom Agents are autonomous AI teammates that Notion describes as running recurring work across Notion and connected tools (including via Custom MCP servers), with enterprise controls such as permissions, versioning, and usage analytics; Notion states they use Notion Credits for usage-based pricing starting May 4, 2026.

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Notion Credits

Notion Credits are the credit-based add-on Notion describes for Custom Agents usage in Business and Enterprise plans starting May 4, 2026.

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Milestones & partnerships