Notion Capital was founded in October 2008 by brothers Ben and Jos White, alongside fellow MessageLabs executives Stephen Chandler, Chris Tottman, and Ian Milbourn, funded with roughly £20 million of their own capital from MessageLabs' $700 million acquisition by Symantec that same month - a deal closed amid the market chaos following Lehman Brothers' collapse. That direct operating pedigree building and selling one of the world's first SaaS companies shapes Notion's entire identity: a firm explicitly built by operators for operators, leading early-stage rounds in European B2B software and staying engaged through growth to help founders scale from $1 million to $100 million in revenue. The firm has backed more than 150 companies including Currencycloud (acquired by Visa), GoCardless, Tradeshift, and Mews, and now manages more than $1 billion in assets.
Currencycloud's acquisition by Visa in 2021 - Notion was an early investor in the cross-border payments platform, one of the firm's clearest proof points alongside continued backing of GoCardless