About Letta
Letta is a company based in San Francisco (United States) founded in 1997 by Charles Packer and Sarah Wooders. It operates as a SaaS (Software-as-a-Service) and API-as-a-Product. Letta has raised $10 million across 1 funding round from investors including Felicis Ventures, Essence VC and Sunflower Capital. Letta offers products and services including Letta Cloud, Agents API, and Agent Development Environment (ADE). Letta operates in a competitive market with competitors including Together AI, Imbue, Anysphere, Bria and Predibase, among others.
- Headquarter San Francisco, United States
- Founders Charles Packer, Sarah Wooders
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Unspecified
Sep 23, 2024
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Investors
Felicis Ventures
& 9 more
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Employee Count
Not available
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Products & Services of Letta
Letta offers a comprehensive portfolio of products and services, including Letta Cloud, Agents API, and Agent Development Environment (ADE).
Platform for creating and managing AI agents.
API for integrating stateful AI agents easily.
Tool for visualizing and testing agent states.
Funding Insights of Letta
Letta has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Unspecified round of $10 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Letta
Letta has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Felicis Ventures, Essence VC and Sunflower Capital.
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Investments in technology startups are made by Felicis Ventures.
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Early-stage venture capital is provided by Essence VC, focusing on infrastructure startups.
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Investor details for Letta
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- Investor locations
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Investments & Acquisitions by Letta
Investment portfolio details for Letta
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- Portfolio identities
- Transaction dates
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Financial Statements - Letta
Detailed financials for Letta
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- Historical revenue
- Profit trends
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Letta Comparisons
Peer comparison for Letta
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Letta
Letta operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Together AI, Imbue, Anysphere, Bria and Predibase, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI research and model development services
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Imbue is focused on building AI-driven coding environments.
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AI tools and assistants to augment human capabilities
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AI-based solutions are provided for creating customized visual content.
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Provider of a low-code and cloud-based AI application development platform
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Interpretability tools for generative AI models are developed and provided.
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Detailed competitors of Letta
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Letta
Complete news archive for Letta
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Frequently Asked Questions about Letta
Letta was founded in 1997 and raised its 1st funding round 27 years after it was founded.
Letta is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Charles Packer is the current CEO of Letta. They have also founded this company.
Letta is a funded company, having raised a total of $10M across 1 funding round to date.
Letta is engaged in providing platforms and tools for creating and managing stateful AI agents with advanced memory capabilities. The company offers solutions like Letta Cloud for scalable agent deployment, Agents API for integration, and the Agent Development Environment for real-time testing and visualization. Their technology is backed by research from AI PhDs at UC Berkeley, focusing on context and memory management. Letta serves developers and businesses looking to build production-ready AI applications across various sectors.
Letta offers Letta Cloud, Agents API, and Agent Development Environment (ADE).
Letta has 10 investors. Key investors include Felicis Ventures, Essence VC, Sunflower Capital, Jeff Dean, and Clem Delangue.