Scaleup programmes
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Notion
Finance and Risk Capital
Impact for scaleups
42
UK companies backed
44%
Follow-on investments
21%
Investments outside of London
33
Growth-stage investments
Key sectors
Notion invests exclusively in the European enterprise tech and B2B SaaS sectors. Located in London, it has made over 100 investments since its inception in 2009.
Notable scaleups in its portfolio include Paddle, CurrencyCloud, GoCardless and Yulife. It makes frequent follow-on investments: in the period from January 2016 to July 2023, Notion has supported 75 fundraisings of which 33 were follow-on investments. Four in five (79%) were growth stage investments at the time of fundraising.
In the summer of 2023, it closed its fifth fund – the €300m fund is almost double the size of its predecessor.
Over the past four years, the firm has conducted an annual Net Promoter Score (NPS) survey to gather feedback from founders and CEOs in the portfolio – as a consequence of the last survey, the firm is focusing its efforts on building up its relationships with international VCs, particularly those in the US, to support the expansion strategies of its portfolio companies. Its annual two-day founder retreat has scored an NPS of 100.
Notion continues to lead and support Included VC, a 12-month programme designed to offer access for under-represented communities to the venture capital industry. It publishes an annual Cloud Challengers report to identify Europe’s top 100 early stage, B2B SaaS/Cloud companies.
