IPO Watch
IPO Watch

Notion

$11B No date announced Private · no public filing SaaS / AI Productivity
The connected workspace transforming corporate productivity with native AI.
Evidence record · 23 September 2026
January 2026 employee tender valuation · Notion tender announcement ↗

Notion said in January 2026 that GIC, Sequoia and Index purchased shares from current and former employees in a roughly $270 million private tender offer at an $11 billion valuation. The transaction gives employees liquidity while the company remains private. No IPO date has been announced.

Catalysts
Enterprise growth and January 2026 employee liquidity.
Risks
No public filing or offer timetable; private tender valuation is not an IPO price.
FreeMalta Verdict
A real $11B tender, no public offering announced.
What is Notion's valuation?
Notion announced an $11 billion valuation for its January 2026 private tender offer.
When will Notion IPO?
No date has been announced.
View Notion in The Garage
Method & disclaimer: This is an editorial watchlist, not investment advice. Company-announced financing values, reported secondary prices, targets and public-market prices are different measurements. A confidential filing is not a confirmed offer date. Every company file has a dated evidence record; some figures are explicitly reported estimates rather than company disclosures. FreeMalta's OpenAI partnership does not imply access to non-public IPO information. Do your own research before making any investment decision.

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