Notion Stock Price, Valuation & IPO
Private company — Notion is privately held. Its shares are not listed on any public exchange and can only be accessed through private secondary transactions.
Status source: AXEVIL investment team
$28.32 per share (AXEVIL consensus estimate)
Source: AXEVIL consensus of recent secondary transactions · as of 27 October 2026
Last round valuation: $10B
Source: Seed-6, October 2021, post-money
Total raised: $344M
Data last updated: 27 October 2026
About Notion
Collaboration, note-taking, and knowledge-management platform combining docs, databases, and tasks. Its last primary round was $275M in 2021 at a $10B valuation; 2026 secondary trades valued the company at about $9.7B. Revenue reached $600M.
Notion is a single workspace where documents, databases, tasks, and an internal knowledge base come together in one tool — and, since 2025, agents that do the work inside those same documents. Founded in 2013 in San Francisco, with a staff of roughly 1,000. More than 100 million people and 4 million paying customers use the platform, on $600M of annualized revenue — against roughly $31M at the time of the Series C in October 2021. Notion 3.0 with agents shipped in September 2025, the developer platform in May 2026, and by July customers had built more than 1 million agents of their own. Current valuation is $11B from a share buyback (January 2026); $344M raised in total.
- Sector: Enterprise Software
- Headquarters: San Francisco, USA
- Founded: 2013
Key highlights
- The valuation has stood still for a fifth year while revenue grew 19x. The Series C closed in October 2021 at $10B on roughly $31M of revenue; the January 2026 employee share buyback was done at $11B on revenue of around $600M.
- The pivot to agents has already happened and is confirmed by numbers, not statements. Notion 3.0 with agents shipped in September 2025, the developer platform in May 2026, and by July 2026 customers had built more than 1 million agents of their own.
- A large sovereign fund and a liquidity mechanism have appeared. GIC participated in the $270M employee share buyback in January 2026 alongside Sequoia Capital and Index Ventures, and the company lifted the one-year selling restriction for current employees.
- The enterprise layer was completed at exactly this moment. More than twenty enterprise features have shipped in recent months: unified permissions management, audit logs of agent actions, spending limits, Slack Enterprise Grid support, Outlook integration, and Microsoft file handling.
- The company has learned to shut down failing directions quickly. Notion Mail, released in April 2025 after the Skiff acquisition, was announced as closing from September 2026 — more than half its users were triaging mail through agents without opening the inbox.
Funding rounds
| Date | Round | Price / share | Post-money valuation |
|---|---|---|---|
| 12 October 2021 | Seed-6 | $56.34 | $10B |
| 1 April 2020 | Seed-5 | $12.36 | $2B |
| 2 July 2019 | Seed-4 | $5.19 | $800M |
Frequently asked questions
How can I buy Notion stock before the IPO?
Not on a public exchange — Notion is privately held. Shares change hands only in private secondary transactions. AXEVIL structures those as dedicated US special purpose vehicles for accredited investors, subject to availability and to the rules of your jurisdiction.
What is the Notion stock price?
A private company has no single official share price. AXEVIL's consensus estimate is $28.32 per share as of 27 October 2026. Its most recent round implied a post-money valuation of $10B (October 2021).
What is Notion's valuation (net worth)?
Notion's most recent funding round valued the company at $10B post-money (October 2021) — the latest primary-market measure of what the company is worth. Secondary trades can price its shares above or below that round.
When will Notion IPO?
No listing has been announced. AXEVIL does not forecast IPO dates — this page states what has actually been filed or reported, with the date it was last checked.
Is Notion publicly traded?
No. Notion is a private company and its shares are not listed on any public exchange.
Does Notion have a stock symbol?
No. Notion has no ticker symbol because its shares are not listed on any exchange; a symbol is assigned only at an IPO or direct listing.
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Risk disclosure
Nothing on this page is an offer to sell or a solicitation to buy any security, and it is not investment advice. Valuations and share prices shown here are AXEVIL estimates built from primary sources — filings, announced rounds and completed secondary transactions — not quoted market prices, and they can be revised. Private-company shares are illiquid, may be impossible to sell, and the entire amount invested can be lost. Availability depends on your jurisdiction and on accredited-investor status.