Note-taking app Mem raises $5.6 million from Andreessen Horowitz
https://techcrunch.com/2021/04/06/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 startup’s founders have vast ambitions for what their platform could become down the road, tapping into further advances in machine learning and even AR.