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Programme

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

Defence & security Technology & Communications Engineering / Advanced Engineering Transport & Logistics Environmental Science & Technology Farming, fisheries & forestry Finance Food & drink Healthcare Impact ventures / Social Impact Life Sciences & Biotech Building & Construction Manufacturing / Advanced Manufacturing Creative, digital, film, games & media Professional services

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.

Notion website