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, 2024Lead 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