NotionISO/NSO
Notion equity calculator: value your options at the $10B Series C valuation
Calculate the current value of your Notion equity using secondary market data and four independent valuation methods. Based on the Series C at $10B. Free, no account required.
Notion — current market snapshot
Last primary round
$10B
Series C · 2021-10
Secondary market
—
No recent verified signal
Annual revenue (ARR)
$0.1B
+35% YoY
Equity type
ISO/NSO
Strike: $22–$38
Key things to know
- →Notion last closed round: Series C at $10B.
- →Secondary market implied valuation: ~$10B, in line with the Series C.
- →Typical strike price range: $35–$55 depending on grant year.
- →IPO timeline uncertain — patient equity outlook. Notion generates meaningful revenue.
Open the calculator
Enter your actual shares, equity type, and strike price. PrivatePulse uses secondary market data and four independent valuation methods to give you a defensible range.
Calculate my Notion equity →Free · No account required · Takes 2 minutes
Liquidity outlook for Notion
IPO plausible 2027–2029 if growth trajectory holds. Liquidity may come via tender offer or strategic acquisition before listing.
As an option holder, you'll need to exercise your ISO/NSO to own shares. Strike price, exercise cost, and tax treatment (ISO vs NSO) all matter. Model carefully with a CPA.
Frequently asked questions
What is my Notion equity worth right now?↓
Notion's Secondary (2026) valued the company at $11B. Secondary market data (Hiive, Forge, Caplight) gives a live read on implied valuation — PrivatePulse tracks this and updates every week. Gross value per option = (secondary share price − your strike price). Multiply by your vested count, then subtract taxes. The PrivatePulse calculator handles all of this automatically.
When will Notion go public or offer liquidity?↓
Notion is at $11.0B — still in an early-to-mid growth stage. An IPO is likely 4–6 years away at minimum. Liquidity before then typically requires a tender offer or secondary sale approved by the company.
What is the Notion strike price for employee options?↓
Strike prices at Notion vary by grant year and cohort. Recent grants typically carry strikes in the $0–$38 range per share. Your grant agreement shows your exact 409A strike. With Notion now implying ~$11B, the intrinsic value per option is (current secondary price per share − your strike); enter your numbers in the PrivatePulse calculator to see the full picture including AMT and vesting schedule.
What's the difference between Notion ISOs and NSOs?↓
Notion typically grants a mix of Incentive Stock Options (ISOs) and Non-Qualified Stock Options (NSOs). ISOs: exercised spread is not taxed as income — instead it creates an AMT preference item. Long-term capital gains treatment is available if you hold shares 2 years from grant and 1 year from exercise. NSOs: exercised spread is ordinary income immediately — simpler but less tax-efficient. Both types require payment of the strike price to exercise. Use the PrivatePulse calculator to model the after-tax outcome under ISO vs NSO treatment at the current $11B implied valuation.