Cloud Champions Report 2025

Today we're launching the inaugural Notion Capital Cloud Champions report.

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. 

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 hope it provides valuable insights and inspiration. 

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