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Celonis vs Notion

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Neck and neck — Celonis ($13B) and Notion ($11B) are valued within 20% of each other.

Head-to-Head Verdict

Celonis leads on 3 of 5 metrics

Celonis

3 wins

+Valuation
+Funding
-Awaira Score
-Team Size
+Experience

Notion

2 wins

-Valuation
-Funding
+Awaira Score
+Team Size
-Experience

Key Numbers

Valuation
$13B
$11B
Total Funding
$2B
$418M
Awaira Score
90/100
91/100
Employees
1000+
2500
Founded
2011
2013
Stage
Series D
Private
CelonisNotion
Celonis logo
Celonis

🇩🇪 Germany · Alexander Rinke

Series DEnterprise AIEst. 2011

Valuation

$13B

Total Funding

$2B

Awaira Score90/100

1000+ employees

Full Celonis Profile →
Winner
Notion logo
Notion

🇺🇸 United States · Ivan Zhao

PrivateEnterprise AIEst. 2013

Valuation

$11B

Total Funding

$418M

Awaira Score91/100

2500 employees

Full Notion Profile →
Market Context

As Enterprise AI players, Celonis and Notion target overlapping customers despite operating from different countries. The stage gap — Celonis at Series D vs Notion at Private — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

Celonis and Notion both operate in Enterprise AI, though their strategies diverge significantly. Celonis builds a process mining and execution management platform that uses machine learning to extract, visualise, and optimise business processes from event log data in enterprise systems including SAP, Oracle, Salesforce, and ServiceNow. Notion is a workspace productivity platform founded in 2013 that combines database management, document editing, and project management capabilities.

Funding & Valuation

Neither company has a decisive valuation edge: Celonis at $13B and Notion at $11B. With $2B raised, Celonis has attracted substantially more capital than Notion ($418M).

Growth Stage

Established in 2011, Celonis has a modest 2-year head start over Notion (2013). Stage-wise, Celonis is classified as Series D and Notion as Private, reflecting divergent fundraising histories. Team sizes also differ: Celonis employs 1000+ people versus Notion's 2500.

Geography & Outlook

Geography separates them: Celonis in 🇩🇪 Germany and Notion in 🇺🇸 United States, each benefiting from local ecosystems. Awaira's composite score rates them neck-and-neck: Celonis at 90 and Notion at 91 out of 100. Celonis, led by Alexander Rinke, and Notion, led by Ivan Zhao, each bring distinct leadership visions to the AI sector.

Funding Velocity

Celonis

Total Rounds3
Avg. Round Size$446.7M
Funding Span2.9 yrs

Notion

Total Rounds4
Avg. Round Size$84.3M
Funding Span8.6 yrs

Funding History

Celonis has completed 3 funding rounds, while Notion has gone through 4. Celonis's most recent round was a Series D of $1B, compared to Notion's Series C ($275M). Celonis is at Series D while Notion is at Private — different points in their growth trajectory.

Team & Scale

Notion has the bigger team at roughly 2500 people — 3x the size of Celonis's 1000+. They're close in age — Celonis started in 2011 and Notion in 2013. Geographically, they're in different markets — Celonis operates out of Germany and Notion from United States.

Metrics Comparison

MetricCelonisNotion
💰Valuation
$13BWINS
$11B
📈Total Funding
$2BWINS
$418M
📅Founded
2011
2013WINS
🚀Stage
Series D
Private
👥Employees
1000+
2500
🌍Country
Germany
United States
🏷️Category
Enterprise AI
Enterprise AI
Awaira Score
90
91WINS

Key Differences

💰

Valuation gap: Celonis is valued 1.2x higher ($13B vs $11B)

📈

Funding gap: Celonis has raised $1.6B more ($2B vs $418M)

📅

Market experience: Celonis has 2 years more (founded 2011 vs 2013)

🚀

Growth stage: Celonis is at Series D vs Notion at Private

👥

Team size: Celonis has 1000+ employees vs Notion's 2500

🌍

Market base: 🇩🇪 Celonis (Germany) vs 🇺🇸 Notion (United States)

⚔️

Direct competitors: Both operate in the Enterprise AI market segment

Awaira Score: Notion scores 91/100 vs Celonis's 90/100

Which Should You Choose?

Use these signals to make the right call

Celonis logo

Choose Celonis if…

  • More established by valuation ($13B)
  • Stronger investor backing — raised $2B
  • More market experience — founded in 2011
  • Germany-based for regional compliance or proximity
  • Celonis builds a process mining and execution management platform that uses machine learning to extract, visualise, and optimise business processes from event log data in enterprise systems including SAP, Oracle, Salesforce, and ServiceNow
Notion logo

Choose Notion if…

Top Pick
  • Higher Awaira Score — 91/100 vs 90/100
  • United States-based for regional compliance or proximity
  • Notion is a workspace productivity platform founded in 2013 that combines database management, document editing, and project management capabilities

Funding History

Celonis raised $2B across 3 rounds. Notion raised $418M across 4 rounds.

Celonis

Series D

Jun 2021

Lead: Arena Holdings

$1B

Series C

Nov 2020

Lead: Arena Holdings

$290M

Series B

Jun 2018

Lead: Accel

$50M

Notion

Series C

Oct 2021

Lead: Coatue Management

$275M

Series B

Apr 2020

Lead: Sequoia Capital

$50M

Series A

Jan 2017

Lead: Kleiner Perkins

$10M

Seed

Mar 2013

$2M

Investor Comparison

No shared investors detected between these two companies.

Unique to Celonis

Arena HoldingsDurable Capital PartnersT. Rowe PriceFranklin TempletonAccel83North

Unique to Notion

Coatue ManagementSapphire VenturesTiger GlobalSequoia CapitalKleiner Perkins

Users Also Compare

FAQ — Celonis vs Notion

Is Celonis bigger than Notion?
By valuation, Celonis is the larger company at $13B versus $11B — a 1.2x difference. Size can also be measured by team: Celonis employs 1000+ people while Notion has 2500 employees.
Which company raised more funding — Celonis or Notion?
Celonis has raised more in total funding at $2B, compared to Notion's $418M — a gap of $1.6B. Combined, the two companies have completed 7 known funding rounds.
Which company has a higher Awaira Score?
Notion leads with an Awaira Score of 91/100, while Celonis sits at 90/100. That 1-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Celonis vs Notion?
Celonis was founded by Alexander Rinke in 2011. Notion was founded by Ivan Zhao in 2013. Visit each company's profile on Awaira for a full founder biography.
What does Celonis do vs Notion?
Celonis: Celonis builds a process mining and execution management platform that uses machine learning to extract, visualise, and optimise business processes from event log data in enterprise systems including SAP, Oracle, Salesforce, and ServiceNow. The Munich company platform connects to enterprise software transaction records, reconstructs actual business process flows from data, identifies inefficiencies and compliance deviations, and provides AI-powered recommendations for process improvement.\n\nThe company raised approximately $1.4 billion including a $1 billion Series D round in 2021 from investors including Arena Holdings, Durable Capital, and T. Rowe Price, valuing it at $13 billion and making it one of Germany most valuable private technology companies. Celonis counts over 1,000 enterprise clients including Siemens, Uber, 3M, and Vodafone, with large deployments across order-to-cash, procure-to-pay, and accounts payable processes generating measurable working capital improvements and operational cost reductions.\n\nCelonis created the process mining software category and competes against SAP Signavio, IBM Process Mining, and Minit in a market it largely invented. The company has expanded from analytical process mining tools into execution management, embedding AI recommendations directly into enterprise workflows rather than producing reports for human review. This execution layer differentiates Celonis from pure analytics vendors and creates a stickier product that becomes embedded in operational processes rather than consumed as a standalone analysis tool. Notion: Notion is a workspace productivity platform founded in 2013 that combines database management, document editing, and project management capabilities. The company has evolved from a note-taking application into an all-in-one workspace that integrates AI features for content generation, summarization, and automation. Notion's core product allows users to create customizable databases, wikis, and workflow systems without requiring extensive coding knowledge. The platform serves individual users, small teams, and enterprises seeking centralized workspace solutions. Notion's AI capabilities assist with writing, editing, and task automation, positioning it within the enterprise AI category. The company competes with tools like Microsoft Teams, Asana, Monday.com, and Confluence, differentiating through flexible database architecture and extensive customization options. Notion has achieved a valuation of $11.0 billion as a private company with $418 million in total funding. The company generates revenue through subscription tiers and enterprise licensing. Notable adoption spans startups, creative agencies, and Fortune 500 companies managing documentation and project workflows. Notion's growth trajectory reflects increasing demand for integrated workspace solutions combining collaboration, AI, and data management capabilities. Notion's differentiation lies in its block-based architecture that allows users to build customized workspaces combining databases, documents, and AI assistance without technical expertise. Notion operates in the Enterprise AI sector and is headquartered in United States. Founded in 2013 by Ivan Zhao, Notion has raised $418M in total funding, achieving a valuation of $11B as of its latest round. The company's funding journey includes a Seed of $2M in 2013, a Series A of $10M in 2017, a Series B of $50M in 2020, a Series C of $275M in 2021. The most recent round was led by Coatue Management. With approximately 2500 employees, Notion has established itself as a Private-stage player in the Enterprise AI market. The company holds an Awaira Score of 91/100, reflecting its strong position across valuation, funding trajectory, team scale, and market influence. Notion competes in a rapidly evolving segment alongside other Enterprise AI companies. Based in United States, Notion is part of a growing international AI ecosystem attracting talent and investment. The Enterprise AI space has attracted significant investment in recent years, with companies racing to capture enterprise and consumer demand for AI-powered solutions.
Which company was founded first?
Celonis got there first, launching in 2011 — that's 2 years of extra runway. Notion didn't arrive until 2013. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Celonis has about 1000+ employees; Notion has about 2500. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Celonis and Notion competitors?
Yes — they're direct rivals. Both Celonis and Notion compete in Enterprise AI, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

It's close. Both Celonis and Notion are strong players, and picking a winner depends on what you're looking for. Check each profile for the full picture.

Who Should You Watch?

This one's genuinely too close to call. Both companies are competitive, and the winner will likely come down to execution over the next 12-18 months. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive