# Mem Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mem-labs

- Industry: Software
- Headquarters: Los Altos Hills, US
- Website: www.mem.ai
- Total disclosed funding: $29M
- Latest round: Series A (Nov 10, 2022)
- Investors on record: 6

## About

Based in California, US, and founded in 2019, Mem Labs, Inc. operates as a developer of a digital information assistant that enables users to pull information from anywhere on a computer and save anything using the Mem tool. The company was co-founded by co-CEOs Dennis Xu and Kevin Moody. In 2019, the company raised an undisclosed venture funding from Unusual Ventures and Floodgate and was followed by a USD 5.6 million seed round in 2020 from a16z, Floodgate, Unusual Ventures, Dreamers.vc, the Cultural Leadership Fund, Todd & Rahul's Angel Fund, and other individual investors.

Mem Labs, Inc. offers the Mem desktop or online application that serves as a container of information that starts as a developing thought to a fully-fledged document. The Mem Spotlight is the application's flagship feature that captures data from notes, connects, and saves information.

The company plans to include other types of content that can be captured by the Mem application such as calendar events, emails, links, documents, videos, photos, etc.

## Funding rounds

- Series A, Nov 10, 2022, $23M — Openai Startup Fund Management
- Seed, Jun 1, 2020, $5.6M — Andreessen Horowitz, Floodgate, Unusual Ventures, Dreamers VC, The Todd & Rahul Angel Fund
- Seed, Aug 1, 2019 — Floodgate, Unusual Ventures

## Investors

- Floodgate (https://capitalatlas.ai/funds/floodgate) — Seed
- Unusual Ventures (https://capitalatlas.ai/funds/unusual-ventures) — Seed
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Seed
- Dreamers VC (https://capitalatlas.ai/funds/dreamers-vc) — Seed
- The Todd & Rahul Angel Fund (https://capitalatlas.ai/funds/the-todd-rahul-angel-fund) — Seed
- Openai Startup Fund Management (https://capitalatlas.ai/funds/openai-startup-fund-management) — Series A