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Mem0 Analysis: $500K Raised

What is Mem0?

Mem0 is a memory layer for AI applications that enhances personalization, reduces costs, and improves user interactions by remembering preferences and adapting over time.

Founded
2023
Revenue
$750K
Company Stage
Pre-Seed
YC Batch
S24

Product Features & Capabilities

  • self-improving memory layer, remembers user preferences, adapts to individual needs, enhances conversations, reduces LLM costs by up to 80%, improves AI responses, easy integration with existing AI solutions

How much Mem0 raised

1 - $500,000

September 25, 2024
Lead Investor: Y Combinator

Who are the founders of Mem0

TS

Taranjeet Singh

Founder & CEO

DY

Deshraj Yadav

Co-founder & CTO

Investors

  • Y Combinator
  • Basis Set Ventures
  • Davidovs Venture Collective
  • Kindred Ventures
  • ML Elevate

Company Pricing

  • Hobby Plan: Free
  • Pro Plan: $249/month

Find more companies like Mem0

Financial Overview

$750KEstimated Revenue
$500KTotal Raised
1$500,000
September 25, 2024
Investors: Y Combinator
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