About Mem0
Mem0 is a company based in San Francisco (United States) founded in 2023. It operates as a SaaS, and Open Source. Mem0 has raised $24.39 million across 2 funding rounds from investors including Y Combinator. Mem0 offers products and services including Mem0 Platform and Mem0 Open Source.
- Headquarter San Francisco, United States
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Sectors
Technology
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.39 M (USD)
in 2 rounds
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Latest Funding Round
$23.89 M (USD), Series A
Jul 09, 2025
- Investors
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Employee Count
Employee Count
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Products & Services of Mem0
Mem0 offers a comprehensive portfolio of products and services, including Mem0 Platform and Mem0 Open Source. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Fully managed platform for enhancing AI with memory capabilities.
Customizable memory layer for developers to integrate into projects.
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Funding Insights of Mem0
Mem0 has successfully raised a total of $24.39M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $23.89 million completed in July 2025. 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $23.9M
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First Round
First Round
(01 Jun 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series A - Mem0 | Valuation |
investors |
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| Jun, 2024 | Amount | Seed - Mem0 | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mem0
Mem0 has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mem0
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mem0
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mem0 Comparisons
Competitors of Mem0
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Mem0
When was Mem0 founded?
Mem0 was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Mem0 located?
Mem0 is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Mem0 a funded company?
Mem0 is a funded company, having raised a total of $24.39M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Jun 01, 2024.
What does Mem0 do?
Mem0 is a self-improving memory layer designed for large language model applications, enabling AI to remember user preferences and adapt over time. It enhances conversations by providing context-rich responses and reduces costs through data filtering. The platform supports easy integration with tools like OpenAI and offers both managed and open-source options for developers. Use cases include customer support, AI agents, and e-commerce personalization, as evidenced by testimonials from various users.
What products or services does Mem0 offer?
Mem0 offers Mem0 Platform and Mem0 Open Source.
Who are Mem0's investors?
Mem0 has 1 investor. Key investors include Y Combinator.