Skip to main content

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

Notion leads on 3 of 5 metrics

Intercom

2 wins

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

Notion

3 wins

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

Key Numbers

Valuation
$1.3B
$11B
Total Funding
$489M
$418M
Awaira Score
82/100
91/100
Employees
1500
2500
Founded
2011
2013
Stage
Private
Private
IntercomNotion
Intercom logo
Intercom

🇺🇸 United States · Eoghan McCabe

PrivateEnterprise AIEst. 2011

Valuation

$1.3B

Total Funding

$489M

Awaira Score82/100

1500 employees

Full Intercom 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

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

Total Rounds7
Avg. Round Size$57.8M
Funding Span9.7 yrs

Notion

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

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

MetricIntercomNotion
💰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

Intercom logo

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
Notion logo

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

$200M

Series E

Dec 2017

Lead: SoftBank Vision Fund

$100M

Series D

Nov 2015

Lead: Kleiner Perkins

$50M

Series C

Oct 2014

Lead: Google Ventures

$25M

Series B

Jan 2014

Lead: Bessemer Venture Partners

$23M

Series A

Mar 2013

Lead: Accel

$6M

Seed

Jan 2011

$600K

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

Shared Investors1
Kleiner Perkins

Unique to Intercom

SoftBank Vision FundAccelDragoneer Growth InvestmentsGGV CapitalGoogle VenturesBessemer Venture Partners

Unique to Notion

Coatue ManagementSapphire VenturesTiger GlobalSequoia Capital

Users Also Compare

FAQ — Intercom vs Notion

Is Intercom bigger than Notion?
By valuation, Notion is the larger company at $11B versus $1.3B — a 8.6x difference. Size can also be measured by team: Intercom employs 1500 people while Notion has 2500 employees.
Which company raised more funding — Intercom or Notion?
Intercom has raised more in total funding at $489M, compared to Notion's $418M — a gap of $71M. Combined, the two companies have completed 11 known funding rounds.
Which company has a higher Awaira Score?
Notion leads with an Awaira Score of 91/100, while Intercom sits at 82/100. That 9-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Intercom vs Notion?
Intercom was founded by Eoghan McCabe in 2011. Notion was founded by Ivan Zhao in 2013. Visit each company's profile on Awaira for a full founder biography.
What does Intercom do vs Notion?
Intercom: Intercom is a customer communication platform founded in 2011 that integrates artificial intelligence with customer engagement tools. The company provides a suite of products enabling businesses to communicate with customers across multiple channels, including live chat, chatbots, email, and push notifications. Intercom's platform uses AI to power automated customer service through conversational bots, lead qualification, and personalized messaging capabilities. The core offering combines customer messaging infrastructure with machine learning features designed to improve response times and customer satisfaction. The platform serves enterprise clients across various industries, with notable adoption among technology and SaaS companies. Intercom has achieved a $1.3 billion valuation following $489 million in total funding, positioning it as a substantial player in the enterprise AI and customer communication space. The company competes with platforms including Zendesk, Drift, and Freshworks, each offering overlapping customer engagement solutions. Intercom's competitive differentiation centers on its emphasis on conversational AI and seamless channel integration rather than traditional ticketing systems. The company has demonstrated consistent growth trajectory through market expansion and product development. Operating as a private company, Intercom maintains significant market presence in the customer communication AI sector, serving thousands of businesses globally seeking integrated messaging and automation solutions. Intercom combines conversational AI with omnichannel communication infrastructure, differentiating itself through unified messaging rather than traditional customer service ticketing models. 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?
Intercom 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?
Intercom has about 1500 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 Intercom and Notion competitors?
Yes — they're direct rivals. Both Intercom 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

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.

Deep Dive