Technology

Note-taking app Mem raises $5.6 million from Andreessen Horowitz

Note-taking app Mem raises $5.6 million from Andreessen Horowitz

The competition to take notes is as fierce as it fights to get many valuable productivity startups for the audience that could potentially provide endless productivity offsets. Last year, the concept rose at a valuation of $2 billion, with Coda raising $636 million and Rome raising $200 million. A new rival in space is emerging from stealing with new funding from Andreessen Horowitz. A free app called meme is an early access platform dedicated to get of their thoughts quickly without focusing too much on their underlying organization. 

Startup founders have huge ambitions for how their platform can get on the road with a tap into machine learning and even further advances in AR.  “So, in the near future, imagine a medium-term, and then long-term, communication lens with a helpful mobile app wherever you are, with your desktop app, including Mem Spotlight, to satisfy you in an overflowing world.”  Moody and his co-founder Dennis Xu tell TechCrunch that they raised million in a seed round led by A16Z, with additional contributions from their Cultural Leadership Fund, Will Smith’s Dreamer.VC, Floodgate, Unusual Ventures and Shrug Capital.

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Note-taking app Mem raises $5.6 million from Andreessen Horowitz

In the current iteration, meme users move on to “lightweight organizations” instead of clicking through folders and links to find the perfect place to house their thoughts. Users can quickly tag users or dedicated items in their notes. The user’s workflow relies heavily on search and chronological organization, presenting users with their most recently accessed notes. Users can also set reminders for specific notes, bringing a popular email structure to note taking. For users of stock apps like Apple Note, these interface quirks may not seem too shaky, although is far from apps like Notion and Air table that have focused too much on structure over involuntary.

Perhaps the biggest change in memes is how user’s access information left on their platforms. The developers say they want to avoid seeing their app as a “destination” but instead expect users to rely heavily on a keyboard-shortcut-prompted overlay called mem Spotlight, which allows them to search for information needed for any email, presentation or requirement. 

The broad hope of founders and investors behind memes is that the team dumps data from your brain – and perhaps other data sources across your digital footprint – to harness the intelligence of your platform or social media graphs to learn better than any other ad network. Moody posted, “What does it mean to just passively capture your digital footprint and then use it as a structured build?” “If we could actually have all these entities have their own meme modeling, is it text, or is it acquaintance, the people you know, or the events it’s going to and feeding these different source memes, what? Does a meme mean you can keep a product that you ‘API’?