# Notation: portfolio, investments and team

> Notation is a vc firm. 6 investments on record, 1 in the last 12 months, latest Apr 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/notation (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# Notation

Last cheque observed Apr 2026; 6 cheques on record.

Email

VC firm Deploying now

Seed

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**100%** of best year **1** **cheques in 12 months**, 6 on record

Since the last cheque **189** days **00** hrs **00** min **00** sec

Median round **$7.2M** Rounds led **0 of 6** Mostly in **United States, 100%**

Pitch Notation

## Notation highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Series A and Seed: 100% of its rounds

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **6 appearances**

- **2026** 1 round
- **Apr** **[Photon Health](https://millionrounds.com/company/photon-health)** Series A · US · AlleyWatch **$16M** With 5 others
- **2019** 1 round
- **Nov** **[Bison Trails](https://millionrounds.com/company/bison-trails)** Series A · US · Fintech **$26M** With 10 others
- **2018** 1 round
- **Jun** **[StreetCred](https://millionrounds.com/company/streetcred)** Seed · US · FinSMEs **$1.0M** With 1 other
- **2017** 3 rounds
- **Dec** **[Clora](https://millionrounds.com/company/clora)** Seed · US · FinSMEs **$3.3M** With 5 others
- **Jun** **[Carmera](https://millionrounds.com/company/carmera)** Series A · US · FinSMEs **$6.4M** With 4 others
- **Apr** **[Simple Contacts](https://millionrounds.com/company/simple-contacts)** Series A · US · FinSMEs **$8.0M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **8** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**14** of 60 we have independently watched raise

[Bumpers Short-form mobile audio](https://millionrounds.com/company/bumpers)[Clora Matching life](https://millionrounds.com/company/clora)[Fieldcomplete](https://millionrounds.com/company/field-complete)[Grapevine](https://millionrounds.com/company/grapevine)[Kinvolved Communication and](https://millionrounds.com/company/kinvolved)[Livepeer Decentralized live](https://millionrounds.com/company/livepeer)[Ntopology](https://millionrounds.com/company/ntopology)[NuCypher Crypto infrastructure](https://millionrounds.com/company/nucypher)[Opencollective](https://millionrounds.com/company/opencollective)[Photon Modern prescription](https://millionrounds.com/company/photon-health)[Redesign Computational chemistry](https://millionrounds.com/company/redesign-science)[Runwise An end-to-end](https://millionrounds.com/company/runwise)[Solana Decentralized blockchain](https://millionrounds.com/company/solana)[Timber / Vector](https://millionrounds.com/company/datadog) ARTA A platform Alice Automated benefits Amperon Next generation Amplify Making every Archie Freelancer payroll Arweave Collectively owned Axo The tool BastionZero Infrastructure access Braid Group spending Bulletin Optimizing wholesale Butter Digitizing wholesale Cashmere A shared Celeri Enabling businesses ChargeLab Electric vehicle Chill Pill Peer Circle The modern Clay CRM Helping Clay Labs Expands Density One DJ Duckly Video collaboration Enum Evaluate Market Analyze Filecoin A blockchain-powered Halcyon Evidence-based approach Hickory Training software Iggy Location data Indify Connecting emerging Lager Data Next-level Lighthall Learn now, Meld Desktop software Merkle The fastest NEAR Decentralized storage Nemedio Accelerating medical Norby The only Podia Platform to QA Wolf Easy Radar Relay Your Radicle Secure peer-to-peer Sawyer Online classes Seasons Members-only subscription Shippy FinOps command SimpleHealth Birth control, simplified Spruce Powering online Spyglass The fastest StellarHealth Empowering providers Stylux A new and 8 more

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Seed

Median round joined **$7.2M** the round, not its cheque

Led 0 of 6 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Apr 2026

Rounds by stage said on their site

- Series A *4*
- Seed said *2*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Notation put money into.

[**Photon Health** $16M · Apr 2026](https://millionrounds.com/company/photon-health)[**Clora** $3.3M · Dec 2017](https://millionrounds.com/company/clora)[**Carmera** $6.4M · Jun 2017](https://millionrounds.com/company/carmera)

## Quick answers about Notation

### What does Notation invest in?

Notation invests most often at Series A and Seed (100% of the rounds on record).

### How active is Notation?

6 investments on record, 1 of them in the last 12 months. The most recent was in Apr 2026.

### What has Notation invested in recently?

Its most recent investments on record: Photon Health (Series A, Apr 2026), Bison Trails (Series A, Nov 2019) and StreetCred (Seed, Jun 2018).

### How big are Notation's cheques?

The median round it joins is $7.2M.

### Does Notation lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

### Where does Notation invest?

Most of the companies it backs are in the United States (100%).

### Is Notation investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is Notation?

Notation is a VC firm.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=notation) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=notation)
