![]() Although it hasn’t disclosed any revenue numbers, Zhao mentioned that the company has been raking in earnings since 2018. Two years later, the valuation would increase to $2 billion, with the company raising its first round of seed funding worth $50 million. ![]() It would prove to be an overnight success as it skyrocketed in Product Hunt’s top products list and also gained massive praise from the Wall Street Journal.īy 2018, the California-based startup would be valued at $800 million. Through endless brainstorming and tweaks that resulted in numerous user flow permutations as well as dozens of UI design changes, the Notion app version 2.0, including a fully functional Notion app download button, was presented to the public in 2018. While maintaining the same goal of giving non-developers the ability to make their own tools without having to worry about code, Zhao and Last decided to instead emphasize providing an excellent user experience. These setbacks allowed Zhao and Last to refocus their strategies. And despite Notion 1.0 being launched in 2016, the app was considered to be a half-baked product. Zhao also had to borrow $150,000 from his mother just to keep Notion afloat. Having secured an initial investment worth $2 million, Zhao and Last would soon spend most of their days, which included numerous sleepless nights, trying to create a simple yet fully-functional product.īy 2016, funds were running dangerously low which prompted Zhao and Last to fire four employees and close down their San Francisco office. The pair started developing a collaboration platform as early as 2013. ![]() But despite the company’s current success, co-founders Ivan Zhao and Simon Last had to overcome numerous setbacks just to reach the position they are in today. Some people even call Notion as a “milestone in the history of UX design”. The Notion windows app, as well as the Mac version, can easily be accessed from the company's website.Īs of 2020, Notion has accumulated over 4 million customers and is currently being valued at $2 billion. Additionally, Notion can also be used to manage different files and can be accessed in most web browsers. Notion is also an all-in-one workspace that functions similarly to a project management tool.Įssentially, the Notion Labs app allows users to create and schedule projects and other tasks, create knowledge bases, and enable feedback between team members. It specializes in the development of an app that allows users, specifically non-developers, to build collaboration tools from scratch. Notion Labs Inc is a software company based in California, USA. Now, the company isn’t only known for making workspace tasks and communications easy but has also raised its valuation to over $2 billion. After almost losing all the funds they raised through angel investors, co-founders Ivan Zhao and Simon Last managed to turn it around and deliver an excellent product.
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