Cultural Leadership Fund
2865 Sand Hill Road, Suite 101, Menlo Park, CA, 94025, United States
Overview
Cultural Leadership Fund connects the great cultural leaders to the best new technology companies. It also enables more young African Americans to enter the technology industry.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Business Development
- Finance
- Financial Services
Investment portfolio
- Mem
Participated · Seed · Apr 2021
Mem is a work-focused note-taking and knowledge management app that uses AI to automatically organize notes and surface relevant information via search and a chronological timeline. Its workflow emphasizes lightweight organization with topic tags, user tagging, recurring reminders, and collaboration features that let teams share, edit, comment and attach notes to shared calendars. Users can capture notes, links and images from SMS, messaging apps and mobile clients; Mem’s AI search aims to surface the most relevant notes for a person at a given moment. The company has developed Mem X (a built-in work assistant) with features like Smart Write and Smart Edit, and recently launched Mem It for Twitter to save threads and generate AI summaries. Mem plans to increasingly lean into AI-powered experiences and is backed by the OpenAI Startup Fund, which provides early access to OpenAI systems and Azure resources from Microsoft. The company has 16 employees, values itself at $110M post-money after the latest raise, and declined to disclose revenue or major customers. Mem is a free, early-access note-taking app that pushes users to quickly jot down thoughts without focusing heavily on underlying organization. The product emphasizes lightweight organization through tagging, reminders, search, and chronological surfacing of recently accessed notes. A core feature is Mem Spotlight, a keyboard-shortcut overlay that lets users summon information ubiquitously rather than treating the app as a destination. Founders Kevin Moody and Dennis Xu envision future expansions that leverage machine learning and even augmented reality—ranging from an assistive mobile app to potential contact-lens overlays. The company is onboarding early users from a waitlist and iterating on desktop functionality. Financially, Mem has secured seed funding to support these product and user-growth efforts.
Team
Marc Andreessen
Founder