Excalidraw
Memos
| Feature | Excalidraw | Memos |
|---|---|---|
| Pricing | Free / from $7/mo | Free / from $0/mo |
| Free Plan | ✓ Yes | ✓ Yes |
| Rating | 4.7 / 5 | 4.4 / 5 |
| Best For | developers, product-teams, educators, brainstorming-sessions | self-hosters, quick-note-takers, journaling, privacy-focused-users |
| Founded | 2020 | 2022 |
| Freehand Drawing | ✓ | ✗ |
| Real Time Collaboration | ✓ | ✗ |
| Component Library | ✓ | ✗ |
| Export Options | ✓ | ✗ |
| End To End Encryption | ✓ | ✗ |
| Embeddable | ✓ | ✗ |
| Shapes And Arrows | ✓ | ✗ |
| Markdown | ✗ | ✓ |
| Tags | ✗ | ✓ |
| Search | ✗ | ✓ |
| Api | ✗ | ✓ |
| Docker Deployment | ✗ | ✓ |
| Embed Resources | ✗ | ✓ |
| Timeline View | ✗ | ✓ |
✓ Excalidraw Pros
- Beautiful hand-drawn sketch aesthetic
- Completely free and open source core
- Real-time collaboration with shared links
- Library of reusable components and templates
- Embeddable in other applications
✗ Excalidraw Cons
- Limited formatting compared to structured diagramming tools
- No presentation mode built-in
- File management basic without Excalidraw+
✓ Memos Pros
- Completely free and open-source
- Lightweight and fast (single binary deployment)
- Twitter-like quick note interface
- Full data ownership with self-hosting
✗ Memos Cons
- No real-time collaboration features
- Limited organizational tools (no folders/hierarchy)
- Self-hosting required (no managed cloud option)
The Verdict
Excalidraw is built for developers and product teams, with a focus on freehand-drawing and real-time-collaboration. Memos targets self hosters and quick note takers and leads with markdown and tags.
On pricing, Memos is the clear winner for budget-conscious users — starting at $0/mo compared to $7/mo for Excalidraw. That $7/mo difference adds up quickly for growing teams.
Both offer free plans, so you can test each with your real workflow before committing to a subscription.
Bottom line: Excalidraw has a slight overall edge — but if completely free and open-source matters most to you, Memos may still be the right call.