The Indian Wire » Startups » Notion Labs, California-based SaaS startup bags $10 million from clutch of investors
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Notion Labs, California-based SaaS startup bags $10 million from clutch of investors

crowdfunding

Notion Labs, a SaaS-driven startup, based out of California, has secured $10 million (approx ₹70 crore) from Y Combinator’s former partner Daniel Gross, Elad Gil, Felicis VenturesAydin Senkut, Sherpalo Ventures’ Ram Shriram, First Round Capital’s Josh Kopelman, and former Stripe emplyee Lashy Groom.

The startup claims to replace the need for multiple business management applications such as Slack, Asana, Google Sheets, GitHubWiki, Google Docs, and Evernote.

“Notion is a fast growing business and could have been a higher valuation but we wanted to remain under unicorn ($1 Bn) valuation to avoid the hype,” Akshay Kothari, COO at Notion Lab, said.

Notion Labs was founded by Chris Prucha, Ivan Zhao, and Jessica Lam in 2016. The company is an all-in-one workspace for notes, tasks, wikipedia and database. It is a note-taking and collaboration application with markdown support that also integrates tasks, wikis, and databases.

The company describes the app as an all-in-one workspace for note-taking, project management and task management. In addition to cross-platform apps, it can be accessed via most web browsers.

Some of the emerging SaaS- based startups includes Icertis, Druva, Freshworks, Zoho, and many more in the list.

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