Notion vs Intercom
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
3 wins
Intercom
2 wins
Key Numbers
🇺🇸 United States · Ivan Zhao
Valuation
$11B
Total Funding
$418M
2500 employees
🇺🇸 United States · Eoghan McCabe
Valuation
$1.3B
Total Funding
$489M
1500 employees
Notion and Intercom 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
The Enterprise AI sector features both Notion and Intercom as key players. Notion is a workspace productivity platform founded in 2013 that combines database management, document editing, and project management capabilities. Intercom is a customer communication platform founded in 2011 that integrates artificial intelligence with customer engagement tools.
Funding & Valuation
A 8.6x valuation gap separates these companies — Notion at $11B and Intercom at $1.3B. In aggregate funding, Intercom edges ahead at $489M versus Notion's $418M.
Growth Stage
Established in 2011, Intercom has a modest 2-year head start over Notion (2013). Each company has reached the Private stage, placing them at comparable points in their growth trajectories. Team sizes also differ: Notion employs 2500 people versus Intercom's 1500.
Geography & Outlook
Notion and Intercom share a home market in 🇺🇸 United States, intensifying their competitive overlap. Notion holds a moderate edge on Awaira's composite score (91 vs. 82), driven by stronger fundamentals in funding and growth metrics. Notion, led by Ivan Zhao, and Intercom, led by Eoghan McCabe, each bring distinct leadership visions to the AI sector.
Funding Velocity
Notion
Intercom
Funding History
Notion has completed 4 funding rounds, while Intercom has gone through 7. Notion's most recent round was a Series C of $275M, compared to Intercom's Series F ($200M). Both are currently at the Private stage.
Team & Scale
Team sizes are in the same ballpark: Notion has about 2500 people and Intercom has around 1500. They're close in age — Notion started in 2013 and Intercom in 2011. Both are based in United States.
Metrics Comparison
| Metric | Notion | Intercom |
|---|---|---|
💰Valuation | $11BWINS | $1.3B |
📈Total Funding | $418M | $489MWINS |
📅Founded | 2013WINS | 2011 |
🚀Stage | Private | Private |
👥Employees | 2500 | 1500 |
🌍Country | United States | United States |
🏷️Category | Enterprise AI | Enterprise AI |
⭐Awaira Score | 91WINS | 82 |
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: Notion has 2500 employees vs Intercom's 1500
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 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
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
Funding History
Notion raised $418M across 4 rounds. Intercom raised $489M across 7 rounds.
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
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
Investor Comparison
Unique to Notion
Unique to Intercom
Users Also Compare
Explore Further
FAQ — Notion vs Intercom
Is Notion bigger than Intercom?▾
Which company raised more funding — Notion or Intercom?▾
Which company has a higher Awaira Score?▾
Who founded Notion vs Intercom?▾
What does Notion do vs Intercom?▾
Which company was founded first?▾
Which company has more employees?▾
Are Notion and Intercom 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.