(2021-04-06) Note-taking App Mem Raises $56 Million From Andreessen Horowitz

Note-taking app Mem raises $5.6 million from Andreessen Horowitz. The competition for note-taking is as fierce as it has ever been with plenty of highly-valued productivity startups fighting for an audience it can potentially serve endless productivity offshoots. In the past year, Notion raised at a $2 billion valuation, Coda raised at $636 million, and Roam raised at $200 million.

A new competitor in the space is emerging out of stealth with fresh funding from Andreessen Horowitz. The free app, called Mem, is an early access platform dedicated to pushing users to quickly jot down their thoughts without focusing too heavily on the underlying organization of them

The user workflow relies pretty heavily on search and chronological organization, presenting users with their most recently accessed notes. Users can also set reminders for certain notes, bringing a popular email framework to note-taking.

The founders say they want to avoid their app being seen as a “destination,” instead hoping users rely heavily on a keyboard-shortcut-prompted overlay called Mem Spotlight that allows them to search out information that they may need for an email, presentation or text message.

“What would it mean to just capture passively your digital footprint and then make use of that as though it were structured,” Moody posits. “If we can actually have our own Mem modeling of all of these entities, whether it’s text, or maybe it’s contacts, the people that you know, or it’s the events that you’re going to and these different sources feed into Mem, what would it mean for Mem to be able to have a product that is the ‘you’ API?”