Intercom vs Notion
Side-by-side on valuation, funding, investors, founders & more
Comparison updated: April 2026
Notion is valued at $11B — more than 3x Intercom's $1.3B.
Head-to-Head Verdict
Intercom
2 wins
Notion
3 wins
Key Numbers
🇺🇸 United States · Eoghan McCabe
Valuation
$1.3B
Total Funding
$489M
1500 employees
🇺🇸 United States · Ivan Zhao
Valuation
$11B
Total Funding
$418M
2500 employees
Intercom and Notion are both Enterprise AI companies based in United States, making this a direct domestic rivalry. At Private, both companies are navigating the same growth-stage dynamics.
Analyst Summary
Built from real data · Updated April 2026
Companies
Enterprise AI remains a contested market, with Intercom and Notion among its most prominent entrants. Intercom is a customer communication platform founded in 2011 that integrates artificial intelligence with customer engagement tools. Notion is a workspace productivity platform founded in 2013 that combines database management, document editing, and project management capabilities.
Funding & Valuation
At $11B, Notion's valuation dwarfs Intercom's $1.3B by a factor of 8.6. In aggregate funding, Intercom edges ahead at $489M versus Notion's $418M.
Growth Stage
Intercom was founded in 2011, 2 years before Notion arrived in 2013. At Private, both face the same set of scaling challenges typical of that funding stage. Headcount tells a story too: Intercom has 1500 employees and Notion has 2500.
Geography & Outlook
Both companies are headquartered in 🇺🇸 United States, competing for the same regional talent pool and customer base. Awaira rates Notion at 91 and Intercom at 82, a gap that reflects differences in capital efficiency and market traction. Intercom, led by Eoghan McCabe, and Notion, led by Ivan Zhao, each bring distinct leadership visions to the AI sector.
Funding Velocity
Intercom
Notion
Funding History
Intercom has completed 7 funding rounds, while Notion has gone through 4. Intercom's most recent round was a Series F of $200M, compared to Notion's Series C ($275M). Both are currently at the Private stage.
Team & Scale
Team sizes are in the same ballpark: Intercom has about 1500 people and Notion has around 2500. They're close in age — Intercom started in 2011 and Notion in 2013. Both are based in United States.
Metrics Comparison
| Metric | Intercom | Notion |
|---|---|---|
💰Valuation | $1.3B | $11BWINS |
📈Total Funding | $489MWINS | $418M |
📅Founded | 2011 | 2013WINS |
🚀Stage | Private | Private |
👥Employees | 1500 | 2500 |
🌍Country | United States | United States |
🏷️Category | Enterprise AI | Enterprise AI |
⭐Awaira Score | 82 | 91WINS |
Key Differences
Valuation gap: Notion is valued 8.6x higher ($11B vs $1.3B)
Funding gap: Intercom has raised $71M more ($489M vs $418M)
Market experience: Intercom has 2 years more (founded 2011 vs 2013)
Team size: Intercom has 1500 employees vs Notion's 2500
Direct competitors: Both operate in the Enterprise AI market segment
Awaira Score: Notion scores 91/100 vs Intercom's 82/100
Which Should You Choose?
Use these signals to make the right call
Choose Intercom if…
- ✓Stronger investor backing — raised $489M
- ✓More market experience — founded in 2011
- ✓Intercom is a customer communication platform founded in 2011 that integrates artificial intelligence with customer engagement tools
Choose Notion if…
Top Pick- ✓Higher Awaira Score — 91/100 vs 82/100
- ✓More established by valuation ($11B)
- ✓Notion is a workspace productivity platform founded in 2013 that combines database management, document editing, and project management capabilities
Funding History
Intercom raised $489M across 7 rounds. Notion raised $418M across 4 rounds.
Intercom
Series F
Sep 2020
Lead: SoftBank Vision Fund
Series E
Dec 2017
Lead: SoftBank Vision Fund
Series D
Nov 2015
Lead: Kleiner Perkins
Series C
Oct 2014
Lead: Google Ventures
Series B
Jan 2014
Lead: Bessemer Venture Partners
Series A
Mar 2013
Lead: Accel
Seed
Jan 2011
Notion
Series C
Oct 2021
Lead: Coatue Management
Series B
Apr 2020
Lead: Sequoia Capital
Series A
Jan 2017
Lead: Kleiner Perkins
Seed
Mar 2013
Investor Comparison
Unique to Intercom
Unique to Notion
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Explore Further
FAQ — Intercom vs Notion
Is Intercom bigger than Notion?▾
Which company raised more funding — Intercom or Notion?▾
Which company has a higher Awaira Score?▾
Who founded Intercom vs Notion?▾
What does Intercom do vs Notion?▾
Which company was founded first?▾
Which company has more employees?▾
Are Intercom and Notion competitors?▾
Bottom Line
Notion edges ahead with an Awaira Score of 91, but Intercom (82) isn't far behind. The gap is narrow enough that it could shift with the next funding round.
Who Should You Watch?
Notion has a slight edge on paper, but Intercom isn't far behind. The AI space moves fast — today's underdog can be tomorrow's category leader. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.