Mem0 Raises $24M to Build Memory Layer for AI Apps
Mem0, a startup founded by Taranjeet Singh, has raised $24 million in funding from YC, Peak XV, and Basis Set.
The idea of memory for AI is becoming a critical battleground, with Mem0 aiming to solve the problem of large language models forgetting past interactions.
Singh calls it a “memory passport,” where your AI memory travels with you across apps and agents, just like email or logins do today.
The startup has raised $3.9 million in seed funding and $20 million in Series A funding, and was launched in January 2024.
Author's Summary
Mem0 raises $24M to build AI memory layer.
- Founder: Taranjeet Singh
- Funding: $24 million
- Investors: YC, Peak XV, Basis Set
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