Notion Capital

Last week Team Notion touched down in Amsterdam for our latest event alongside our friends at CapitalT! 🛬 🇳🇱 It was an action-packed day full of invaluable learnings in building world-class business software companies. Topics and speakers included: - Kamil Mieczakowski on AI in the SaaS landscape - Michelle Cheng on leading and hiring through scale - Eva De Mol Ph.D (CapitalT) speaking to Roeland Delrue (Aikido Security), Fiona Spruill (Overstory) and Namrata Sandhu (Vaayu) on their fundraising journeys - Harrison Rose (GoodFit.io) on GTM-fit experiements Stephen Millard introducing the Cloud Champions report, in conversation with Matthijs Welle (Mews) and Job van der Voort (Remote) Thanks to everyone who joined us... where to next? Claire Walker, Radu Bozga, Maximilian Eichler

💡 "In leadership positions, it's crucial to trust your gut. Overthinking can lead to poor decisions, while the best choices often come from instinct because they feel truly your own. The worst mistakes are the ones where you second-guessed yourself, not trusting your judgment." As part of our Cloud Champions report, Richard Valtr (Founder at Mews), shares his insights into growing the business, speaking to Notion's Stephen Millard on an array of topics including: - Why first-time founders struggle with product-market fit - How to balance product purity with commercial success - Why growth can lead to a feeling of disconnection - Drivers of an effective team - Empowering teams A must-read for Founders scaling a business👇 https://lnkd.in/eF49RN2K

“Before you hit 100 people it feels more like everyone is just working closely together and you’re leading very directly. But once you reach a point where you have to lead indirectly, it becomes a significant shift in how you work.” Hot off the heels of Mews' recent fundraise ($75m led by Tiger Global Management, announced last week) comes our first interview from the 'Cloud Champions' report featuring Matthijs Welle, CEO, Mews. Matt shares insights into the lessons he's learned on Mews' 1m-100m revenue journey covering leadership, inflection points, strategic focus and plenty more. Stephen Millard, Jos White, Stephanie Opdam, CFA https://lnkd.in/eJPgD2xw

Great insights from Notion Capital new ‘Cloud Champions’ report. Really valuable if you’re a Saas founder… or in fact any founder traversing the ups and downs of the start-up, scale-up journey. As always, the platform team at Notion over-delivering value and going the extra mile to support their founder ecosystem. 🎉🎉🎉 Stephen Millard, Claire Walker, Michelle Cheng I salute you 🫡🫡🫡

What does it take to build a $100M+ ARR SaaS company in Europe? Today, Notion Capital launched the #CloudChampions Report, spotlighting 23 exceptional European SaaS companies that have surpassed $100M ARR while remaining private, independent, and VC-backed. To break down the insights from the report, we sat down with Stephen Millard, Operating Partner & Chief Platform Officer at Notion Capital. Tune in on EUVC for the full conversation! 🎧 https://lnkd.in/dD4nbnqT Link to #CloudChamptions report in the first comment. 🔽 #EUVCpodcast #venturecapital #startupfunding #fundraising #Europe

📣 Today we are delighted to be launching the Notion Capital 'Cloud Champions' report! 🏆⛅ Spearheaded by Operating Partner, Stephen Millard, this report is the first of its kind for Notion, where we've spotlighted 23 of Europe's most extraordinary SaaS companies - each private, VC-backed and generating over $100m in revenue. Through exclusive interviews with a dozen of the Founders and CEOs, we share the ups and downs that have shaped their success. Every one of these companies, founded between 2009 and 2019, remains independent and continues to grow at speed. A special thanks the Founder and CEOs we have spoken to so far and who’ve contributed immensely to our learnings: 🚀 Jean-Charles Samuelian-Werve, CEO, Alan 🚀 Hiroki Takeuchi, Founder & CEO, GoCardless 🚀 Tom Smith, CEO & Founder, GWI 🚀 Des Traynor, Co-Founder, Intercom 🚀 Matthijs Welle & Richard Valtr, CEO & Founder, Mews 🚀 Euan Blair, Founder & CEO, Multiverse 🚀 Christian Owens & Harrison Rose, Co-Founders, Paddle 🚀Job van der Voort, Founder & CEO, Remote 🚀 Peter McKay, CEO, Snyk 🚀 Avi Meir, CEO, TravelPerk And a huge congratulations to all the additional companies listed: Algolia, Bending Spoons, Bird, Celonis, Checkout.com, Cognite, Collibra, DeepL, Mambu, Personio, Pleo, Quantexa, Staffbase We know there are more Cloud Champions out there - and many that will cross the $100m ARR threshold this year and next. If you know a company that belongs to this elite group, please reach out to us. In the meantime, we hope you enjoy the report and that it provides valuable insights and inspiration. Full report here: https://lnkd.in/eXF6Drhp

“Our job is to find, fund, and fuel the best enterprise software businesses in Europe. That requires a huge amount of coordination across investment, finance, operations, and portfolio management. Every moving part needs to function at the highest level.” Notion General Partner & CFO, Ian Milbourn, sat down with portfolio company, Bound, to discuss what it really takes to run a billion-pound VC firm. In this article they discuss Ian's career path, the challenges VCs go through, insights on managing a multi-strategy VC firm, navigating European expansion, and why doing the basics brilliantly matters more than ever in 2025. Check it out: https://lnkd.in/egUrsgeD Eleanor Hill, Itxaso del Palacio, PhD, seth m phillips, Dan K.

Thrilled to have “our own Dutch” unicorn founders, Job van der Voort and Matthijs Welle on stage discussing what it takes to get beyond €100M+ in revenue. My key takeaway? Success is a function of: ✅ Passion ✅ Stress resistance ✅ Endless curiosity ✅ The ability to learn fast ✅ And—perhaps most importantly—the willingness to make sacrifices and have fun 🔥 Many thanks to Notion Capital for joining forces with CapitalT on this one. Very excited for the upcoming Notion Capital SaaS report on Cloud Champions, shedding light on Europe's amazing tech companies! 💯 Remote Mews Janneke Niessen Nina Donker CapitalT

A couple of weeks ago I announced my recent investment in Naboo - the platform simplifying corporate events across the UK and Europe. 🙌 To share the news of their €20 million Series A, just two years after launching, the team created this amazing video. 👇 I thought I’d share it again as it is so good and so much fun. I love it ❤️ 🎉 Huge congrats again to Maxime Eduardo, Antoine Servant, Lucien Bredin, Jean-Louis Villeminot and the whole team at Naboo. Here’s to an exciting future ahead! #Investment #VC #EventPlanning #SeriesA #CorporateEvents cc Thomas Diehl, Timothée Poulain, Francois Collet, Juliette Mopin, Stephane Guinet, Juliette S., Virginie Cazol

I'm blown away by how Aikido Security are using #AI to completely flip the script on software. We're moving away from software platforms where work gets done to software platforms that do the work for their users. It's no longer about better tools but delivering the complete results too. Aikido's agents are already auto-fixing nearly 100 different vulnerabilities - that's close to 40% coverage of #SAST vulnerabilities and growing rapidly. 90% of those AI-generated fixes are being accepted by users as "good fixes" - that's not just impressive, that's game-changing. On top of that, their other agents are triaging issues to improve the quality and the prioritisation of findings, so that the dev teams can focus on what truly matters instead of drowning in false positives and low value tasks. This gives a glimpse of what's ahead: AI will democratize cybersecurity. Soon, companies of all sizes - not just enterprises with human #CISOs and #SOC teams will achieve elite security postures through AI. The AI CISOs with their armies of engineer and analyst agents will be securing millions of businesses globally, particularly in mid-market and fast growth SMB segments. We're excited about how AI is reshaping cybersecurity as we know it with Aikido Security leading the charge! If you're at the early stages of building in the vertical AI space please get in touch - we'd love to learn more!