Memex

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The everything builder for your computer

Memex uses AI to empower non-developers, domain experts, and tech-savvy professionals to build any kind of software tool themselves. Users can build web apps, phone apps, data pipelines, internal tools, and more by just conversing with an AI. It offers features like reusable template libraries, privacy and ownership guarantees, and a capable chat interface.

🔗 Check it out: memex.tech

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💰 Business Model

Memex is available through a free tier, a paid subscription, and an enterprise offering. The free tier comes with a limited number of Memex credits. Power users can upgrade to a $10 per month subscription for more credits and the ability to buy more credits as needed. The enterprise tier offers enterprise support and more customization options.

📈 Traction and Fundraising

• Raised a pre-seed round led by Memex CEO David Valerio Gilmore himself and investors from his previous ventures

• 10,000 projects built by users in just three days after launching

👫 Founder Story

Memex is built by the team behind DataFleets, a privacy tech company acquired for over $100 million less than three years after founding. The company is led by CEO David Valerio Gilmore, a Stanford dropout and veteran founder passionate about enabling non-developers to build the tools they need. The remainder of the founding team brings a variety of technical and business talent to the table: Eitan Rovero-Shein scaled DataFleets to $10 million+ ARR post-acquisition by LiveRamp, Marcin Adamowski architected the company's privacy-preserving analytics platform, and Chi Lǎng Ngô engineered its core federated SQL engine.

🔮 Our Analysis

The AI coding assistant market has exploded recently, with tools aimed at developers like Cursor achieving $9 billion valuations and Windsurf being acquired for $3 billion. Adjacent tools for building web applications with no code at all, like Lovable and Bolt, have taken off in popularity. Memex takes yet another approach; rather than only support web applications, it lets non-developers build any kind of application as it fits into their needs. 

Memex represents a paradigm shift in software development by targeting what CEO David Gilmore calls "the bottom of the iceberg"—the vast universe of specialized applications needed by domain experts who lack coding skills. For example, doctors may want computer help with looking over imaging to find abnormalities, or small business owners may need help automating the Excel spreadsheet they use for orders. This insight is deeply personal for CEO David Gilmore, who experienced this gap firsthand while developing AI systems for cancer detection, where doctors needed specialized software but couldn't code it themselves.

The team's technical excellence in AI/ML, combined with their proven execution ability, creates a powerful foundation to deliver a missing piece of a quickly growing market. Memex has seen great initial traction following its public launch, validating the existence of its target market. With such a capable team and exciting upside potential, Memex is realizing the next level of vibe coding.

📚 Further reading

• Hacker News Launch [Hacker News]

• Memex Press Page [Memex]

• Takeaways from 10,000 Vibe Coded Projects [David Valerio Gilmore Blog]

Written by Maguire Papay

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