Fundraising Fox

Notion Capital

Venture capital

London · Pre-Seed–Growth · 54 people tracked

Also known as NOTION CAPITAL MANAGERS LLP

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Investment thesis

Notion Capital invests in European business software companies, leading at the early stage and building long-term relationships with founders. It focuses on helping companies scale from around $1m to $100m in revenue and beyond, providing a platform of portfolio resources including events, content, networks and expertise. The firm views the business software market across four categories: SaaS (knowledge), services-as-software (labour), software in the real world (machines) and fintech (money), and sees AI as the platform for a new generation of software companies. It aims to be a true, aligned partner to its founders throughout the growth journey.

Invests inAI & Machine LearningCloud ComputingEnterprise SoftwareFintechSaaSSector AgnosticEuropeFranceLondonPortugalSpainUnited Kingdom

Source: firm website, verified Aug 7, 2026.

Stage
Pre-Seed–Growth
Check
$1M – $100M
HQ
London, NY, GB
Leads rounds
Leads
Instruments
Equity
Founded
2009
AUM
$1.3B
VC funds
8
Tracked investments
116

Team · 54 people

from the firm's website & public directories
Adam Hale· Venture Partner
Arya Tandon· Investorin𝕏
Bethan Andrew· Finance Managerin

Finance Manager handling fund and corporate finances and reporting.

Clare Truscott· Operations & Compliance Directorin

Operations & Compliance Director leading operational efficiency and compliance across the firm.

Estelle Tessaro· Investorin𝕏
Hari Faulkner· Portfolio Finance Manager

Portfolio Finance Manager advising portfolio CFOs on financial reporting and benchmarking.

Ines de Lestapis· Associatein
Lexi· Chief Wellness Officer & Operating Fellow

Chief Wellness Officer and Operating Fellow who joined Notion Capital in 2020.

Max Eichler· Senior Associate
Melissa Di Donato· Executive-in-Residence
Sophie Barchetti· Venture Analystin

Venture Analyst with experience from Innovis VC, described as Europe's largest student-run VC.

Sophie Touami· Investorin
Thomas Diehl· Vice Presidentin

Vice President with a background in investment banking advising on IPOs, M&A and equity fundraises.

Yvonne Agyei· People and Culture Expert

What they invest in

from 60 of 116 portfolio companies

Enterprise Software ×36AI & Machine Learning ×32SaaS ×28Fintech ×17HR Tech ×9Logistics & Supply Chain ×6Deep Tech ×5E-commerce ×5

HQs:Germany×9United States×8United Kingdom×7European Union×1France×1Ireland×1

Investments · 116 tracked

founders shown can be your intro path
Acinacin.com✓ verified

Acin partners with financial institutions and industry leaders to drive growth and deliver value to clients.

AI & Machine LearningEnterprise SoftwareFintech

Paul(Founder, Advisor)

Ferovinumferodrinks.comin𝕏✓ verified

Fero provides infrastructure for the drinks industry, offering working capital solutions, logistics and operations simplification, and data tools for producers, distributors, and retailers.

E-commerceFintechLogistics & Supply ChainSaaS

Mitchel Fowler(Founder & CEO)Daniel Gibney(Founder & CFO)

Quantum Systemsquantum-systems.comin𝕏✓ verified

Quantum Systems designs and manufactures electric vertical take-off and landing (eVTOL) unmanned aerial systems for military, defense, and commercial customers to collect aerial intelligence and real-time mission-critical data.

AI & Machine LearningDeep TechDefense TechHardware

Tobias Kloss(Founder)Armin Busse(Founder)Florian Seibel(Co-Founder & Co-CEO)inSven Kruck(Co-CEO)inDave Sharpin(CEO at Quantum Systems Inc.)in

Easoleasol.comin𝕏

Easol is a commerce platform designed for experience creators to manage and monetize their experience businesses.

B2B MarketplacesCreator EconomyE-commerceEnterprise SoftwareSaaSLondon, GB

Ben Simpson(Founder/CEO)inLisa Simpson(Founder/Chief Creative Officer)inMichael Zeisser(Director)

Board seatChris Tottman· per SEC Form D

GroupaySEC filingmedium confidence

London

Matthew Robinson(Director)Michael Treskow(Director)Tim Bunting(Director)Hiroki Takeuchi(Executive Officer, Director)Mark Zaleski(Director)

Board seatStephen Chandler· per SEC Form D · $321.6M raise · filed May 2022

16 Hazyhazy.com
Adbrainadbrain.com
Adfenixadfenix.comin
Admix
Aikido Securityaikido.devin𝕏

Aikido provides integrations that deliver notifications from its security platform directly into team messaging applications.

AI & Machine LearningCybersecurityDeveloper ToolsChicago, US

Willem DelbareinRoeland DelrueinFelix GarriauinLouis JonckheereinMaarten De Schuymerin

Apperioapperio.comin

Apperio provides legal spend management software that gives in-house legal teams and law firms visibility and control over legal billing through AI-powered insights and direct system integrations.

AI & Machine LearningEnterprise SoftwareLegalTech

Arqitarqit.ukin

Arqit provides encryption intelligence and quantum-safe security solutions that help organizations identify cryptographic vulnerabilities, manage post-quantum cryptography migration, and protect data against current and future threats including adversarial decryption.

CybersecurityQuantum Computing

Aslan
atmioatmio.com

Atmio provides hardware and software for emission monitoring across gas infrastructure including pipelines, distribution networks, and storage facilities.

Climate TechEnergyEnterprise SoftwareFrankfurt, DE

Aventus
Avriosavrios.comin𝕏

Avrios provides cloud-based fleet management software that automates vehicle operations, centralizes fleet data, and enables compliance tracking for companies managing fleets of 20 or more vehicles.

Enterprise SoftwareLogistics & Supply ChainSaaSBerlin, DE

Black Forest Labsbfl.aiin𝕏

AI research lab developing visual intelligence technology including image generation and manipulation models.

AI & Machine LearningDeep TechDeveloper ToolsFreiburg, DE

Robin Rombach(Founder)Andreas Blattmann(Founder)Patrick Esser(Founder)Anjney Midha(Director)

Boundbound.coin

Bound is an FX hedging platform that automates currency risk management for businesses, offering tools to protect revenues, simplify payments, and stabilize cashflow across foreign currencies.

Fintech

Brightpearlbrightpearl.comin𝕏

Brightpearl is a retail operating system that automates multi-channel order fulfillment, inventory management, and accounting for merchants and wholesalers.

E-commerceEnterprise SoftwareRetail Tech

BRYTERbryter.comin𝕏

BRYTER is an AI and automation platform that enables legal professionals to draft, summarize, research, and review contracts using AI-powered tools and rule-based workflows.

AI & Machine LearningEnterprise SoftwareLegalTech<UNKNOWN>

Caeli Windcaeli-wind.dein
Cellcrypt
Claimsforceclaimsforce.comin

ClaimsForce develops AI-based software for underwriting and claims management, serving insurers, claims adjusters, and underwriters.

AI & Machine LearningEnterprise SoftwareInsurTech

Cledaracledara.comin𝕏

Cledara provides a software management platform for finance teams to discover, purchase, manage, and cancel software subscriptions across their organization.

Enterprise SoftwareFintechSaaSLondon, GB

Cristina Vila

Cognacogna.coin

Cogna builds AI-native software applications for physical industries such as utilities, field services, and infrastructure, helping organizations automate manual workflows and capture expert knowledge to improve operational performance.

AI & Machine LearningDeep TechEnterprise Software

Currency Cloudcurrencycloud.cominacquired by Visa

Currencycloud provides a global cross-border payment platform for businesses to collect, convert, and manage multi-currency transactions across 180+ countries.

Cloud ComputingEnterprise SoftwareFintechLondon, GB

Cyscalecyscale.comin𝕏

Cyscale provides a cloud-native application protection platform (CNAPP) combining cloud security posture management, vulnerability management, identity risk, Kubernetes visibility, data security, and AI security posture management.

Cloud ComputingCybersecuritySaaS

DataOpsdataops.livein

DataOps.live provides a platform for data engineering teams to build, manage, and deploy data products with enterprise-level governance and reliability using DevOps principles.

AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise Software

Justin Mullen(Co-founder)Guy Adams(Co-founder)Nick Halsey(CEO)

dataset
Dealflodealflo.comin𝕏
Demyst
Dexmeetdex.ai

Dex is an AI-powered recruiting platform that matches software engineers with relevant job opportunities through curated role recommendations and direct access to hiring teams, eliminating traditional application processes.

AI & Machine LearningHR TechSaaS

Paddy Lambros(CEO & Co-founder)

Dexgetdex.comin𝕏

Dex is a relationship management tool that provides an intuitive, modern rolodex for organizing and maintaining personal and professional contacts.

ConsumerSaaSSan Francisco, US

Kevin Sun(Founder)in

Dexjoindex.comin𝕏

Dex is an AI-powered workspace assistant that ingests operational data across a user's tools and integrations, organizing it into structured context and a knowledge base.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaSSan Francisco, US

Regina Lin(Founder)inKevin Gu(Founder)in

Digital Mirrordigital-mirror.aiin

Digital-Mirror helps organizations extract value from contracts by identifying what matters, uncovering where value is being lost, and enabling action to improve contract performance using machine learning and natural language processing.

AI & Machine LearningEnterprise SoftwareLegalTechSaaS

Dixa
Duedil Ltdduedil.com

The page does not load proper company content; it shows a cookie consent message redirecting to nCino app instead of DueDil's actual website information.

Elementelement.ioin
Elevaateelevaate.com
Endraendra.aiin

Endra provides an AI-powered platform for MEP (mechanical, electrical, plumbing) and fire protection engineers to automate design, documentation, and compliance workflows within Autodesk Revit.

AI & Machine LearningConstruction TechEnterprise Software

Eventsnotioncapital.comin
Fantixfantix.aiin

Fantix provides machine learning and AI models for synthetic data generation and data enrichment, designed for marketing and business intelligence use cases.

AI & Machine LearningData & InfrastructureMarketing Tech

Fertifa
Fiberplanefiberplane.dev
Figmentfigment.ioin𝕏
Five AI

Bristol

Stan Boland(Executive Officer, Director)Steve Allpress(Executive Officer, Director)

Flipflipapp.dein𝕏

Flip builds a digital operating system for deskless workers, delivered through a mobile app to help companies engage field and frontline employees in digital transformation.

Enterprise SoftwareFuture of WorkHR TechSaaSBerlin, DE

Forestforest.appin𝕏

Forest is an operational backend platform for regulated companies that orchestrates workflows combining human teams, AI agents, and third-party tools with full auditability and compliance controls.

AI & Machine LearningEnterprise SoftwareFintech

Fullcirclfullcircl.comin𝕏
Futrlifutrli.comin𝕏

Futrli provides cloud-based financial forecasting and predictive analytics software for small businesses.

Cloud ComputingEnterprise SoftwareFintechSaaS

Globalhokodo.coin𝕏

Hokodo provides B2B buy-now-pay-later and trade credit solutions that enable merchants to offer payment terms to business customers of all sizes in real-time.

B2B MarketplacesFintechSaaS

Louis CarbonnierRichard ThorntonSami Ben Hatit

Glofoxglofox.comin𝕏
Glowglow.org𝕏

Glow is a sustainable energy platform that deploys solar farms across multiple continents, facilitating crowdsourced renewable energy projects and institutional investments to deliver clean energy at scale to regions in need.

CleantechClimate TechEnergy

David Vorick(Founder & CEO)Julie Rhodes(Head of Operations)Chris Denaro(COO)

GoCardlessgocardless.comin𝕏

GoCardless provides bank payment collection and open banking data access services.

FintechLondon, GB

Hiroki Takeuchi(Founder/CEO)inTom Blomfield(Founder)in

Goodfitgoodfit.ioin
GRIFFINgriffin.comin𝕏

Griffin provides banking infrastructure via API, enabling companies to embed bank accounts, payments, and financial products into their applications.

Enterprise SoftwareFintechSaaSLondon, GB

Harbor Labharborlab.comin

HarborLab is an AI-powered platform that manages disbursement account costs for maritime port calls, providing visibility and control to DA teams, vessel operators, and commercial traders.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaS

Heyjobsheyjobs.co𝕏

HeyJobs is a German job search platform that matches candidates with job openings across sectors including healthcare, IT, logistics, and industry.

AI & Machine LearningB2B MarketplacesHR TechGermany, DE

Idio

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Frequently asked questions

What stage does Notion Capital invest at?
Notion Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
What is Notion Capital's typical check size?
Notion Capital typically writes checks of $1M – $100M.
What sectors does Notion Capital focus on?
Notion Capital focuses on AI & Machine Learning, Cloud Computing, Enterprise Software, Fintech, SaaS, Sector Agnostic.
Where is Notion Capital located?
Notion Capital is headquartered in London, GB.
Does Notion Capital lead rounds?
Yes, Notion Capital leads investment rounds.

Media · Podcasts & interviews

featuring the team

Itxaso del Palacio: General Partner at Notion Capital on how founders avoid burnout - YouTube

Scaling-Europe · Itxaso del Palacio

Chris Tottman, Founder and General Partner at Notion Capital, on Why Notion Chooses Mara - YouTube

Mara Invest · Chris Tottman

The 6 Secrets to Building a PLG Business with Notion Capital Partner Itxaso Del Palacio - YouTube

More SaaStr · Itxaso del Palacio

On the resilience of product-led growth companies, by Itxaso del Palacio, Partner at Notion Capital - YouTube

The European VC · Itxaso del Palacio

On product-led growth's strengths, by Itxaso del Palacio, Partner at Notion Capital - YouTube

EUVC · Itxaso del Palacio

EUVC #10 Itxaso del Palacio, Notion Capital - YouTube

The European VC · Itxaso del Palacio

Images

Notion Capital photoNotion Capital photoNotion Capital photoNotion Capital photoNotion Capital photoNotion Capital photo

Co-investors · 97

Andreessen Horowitz

Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.

$500K – $50M
GV (Google Ventures)

Google Ventures is a venture capital investor that backs innovative founders across multiple industries, focusing on long-term partnerships and providing value across multiple funding stages and company milestones.

$250K – $50M
Founders Fund

Founders Fund is a venture capital firm that invests in technology companies across sectors, backing companies such as Anduril and Palantir.

$500K – $5M
Lightspeed Venture Partners

Lightspeed Venture Partners is a global venture capital firm known for backing AI and technology founders, emphasizing deep, hands-on partnerships with the companies it funds.

$1.7M – $87M
Bessemer Venture Partners

Bessemer Venture Partners is a venture capital firm that partners with entrepreneurs from early stages through every stage of growth, publishing investment roadmaps across multiple technology sectors.

$5M – $100M
Accel

Accel is a venture capital firm that partners with exceptional founding teams, positioning itself as a first partner to startups globally.

$1.6M – $70M
Khosla Ventures

Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.

$5K – $50M
Index Ventures

Index Ventures is a venture capital firm that backs founders across the globe, investing in the people behind ideas from early through later stages.

$540K – $10.8M
Benchmark

Benchmark is a venture capital firm with offices in San Francisco and Woodside that invests in early-stage startups.

$100K – $30M
Unknown Ventures

Unknown is an investment firm focused on emerging market opportunities in live entertainment, biosciences, technology startups, and real estate, with a portfolio spanning music festivals, artist platforms, creator financial services, and event infrastructure.

Foundation Capital

Foundation Capital is a venture capital firm that invests in technology startups, with a focus on AI and B2B companies, and produces content including the 'AI in the Real World' podcast.

$1M – $10M
BoxGroup

BoxGroup is an early-stage venture capital firm that invests in startups at their earliest stages.

$1M
85 more co-investors

DST GlobalAtomicoUnion Square Ventures (USV)Great Oaks Venture CapitalSapphire VenturesBalderton CapitalEniac VenturesPartech VenturesSlow VenturesOak HC/FTHeadlineEmergence Capital PartnersScale Venture PartnersBowery CapitalBonfire VenturesAcrew CapitalPoint Nine CapitalDN CapitalEQT VenturesWingSpeedinvestCausalHV CapitalNext Play VenturesPassion CapitalLakestarPoint72 VenturesTarget GlobalHeartcore CapitalEarlybird Venture CapitalAnthemis VentureThe Finger GroupMosaic VenturesNewView CapitalCrunchFundMMC VenturesHoxton VenturesSarona Ventures9Yards CapitalScrum VenturesOctopus VenturesMischiefPresight CapitalProject A VenturesAstanor VenturesXfundRTP GlobalContour Venture PartnersMassMutual VenturesHTGFBackedAmino CapitalActon CapitalCredo VenturesPlayfair CapitalAdams Street PartnersCrane Venture PartnersIsaiCambrian VenturesAlbionVCMarket One CapitalCavalry VenturesConcrete Rose CapitalHaatchCusp CapitalWellington ManagementHyperchain CapitalN26Snowflake VenturesArbor VenturesAir Street CapitalFabric VenturesAlpine MeridianDTCPPitchdriveConnect VenturesEmbedded CapitalVR VenturesLEA PartnersMercury FundEntourage VenturesUpWest LabsBackingMindsMSMMarketplace

Firms observed investing alongside Notion Capital, from public investor directories.

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