Notion completed a private equity acquisition offer totaling approximately $270 million, with a transaction valuation of $11 billion

According to the official blog, the productivity application Notion announced that it has recently completed a private equity buyout offer totaling approximately $270 million, with a valuation of $11 billion. The new investor, Singapore's sovereign wealth fund GIC, participated in this transaction alongside existing investors Sequoia Capital and Index Ventures, acquiring shares directly from current and former employees of the company.

The company stated that this acquisition aims to provide financial liquidity to employees to support their long-term development and life planning. To this end, the company has specifically waived the one-year vesting waiting period for employee options, allowing almost all employees to participate. Notion is expected to accelerate growth in 2025 due to the adoption of AI features, with over 50% of its annual recurring revenue coming from AI customers by the end of the year, a figure that has doubled in the past year. The company recently opened an office in Singapore to support its rapid growth in the Asia-Pacific region.