Reported financing.[14]

post-money valuation and the full investor list are not publicly disclosed.

Zero. The company explicitly states it accepts no investor funding and is entirely user-revenue supported.[23]

Not disclosed. Third-party estimates of ~$350M circulated in April 2026 are media inference based on estimated ARR, not a disclosed round or transaction.[1][3][19]

Multiple media sources estimated ~$25M ARR as of early 2026. Latka, a separate data aggregator, estimated only $2M ARR for the same period. The company has not published revenue figures; both numbers are unverified.[2][3][22]

Obsidian Security (obsidiansecurity.com), a distinct SaaS cybersecurity firm, raised $85M at a $1.1B valuation in a Series D led by Crescent Cove Advisors in August 2026. This is a different company and should not be attributed to obsidian.md.[12][13][14]

Shida Li, Co-Founder and CTO[1][4][6][7]

Erica Xu, Co-Founder and COO[1][4][6][7]

Steph Ango, CEO[1][4][5]

Notion · notion.so · Same buyer evaluating note-taking and knowledge management tools; Obsidian and Notion are repeatedly compared in coverage as the two dominant alternatives for personal and team knowledge bases, though Notion is cloud-first and Obsidian is local-first.[1][2][3]

Dynalist · dynalist.io · Same founders and same buyer; Obsidian was built as the successor to Dynalist, and the two share the same underlying user base and workflow for structured information management.[2][6][7]

Evernote · evernote.com · Same buyer and same job to be done for personal note-taking and knowledge management; Obsidian is frequently positioned as the privacy-first, local-first alternative to cloud note apps like Evernote.[7]

The customer proof is company-sourced only. No independent source in this ledger confirms it.[21]

Ask for one referenceable production customer.

Not a recommendation. The first thing this ledger cannot answer.

Filled in the side panel for invited readers. This card carries sourced facts only.