Mem0 Raises $24M to Build Memory Layer for AI Applications

Mem0 has raised $24 million in funding to develop a memory infrastructure platform for AI agents, announced in a press release. The round includes both a seed investment led by Kindred Ventures and a Series A led by Basis Set Ventures, with participation from Peak XV Partners, GitHub Fund, and Y Combinator. Strategic investors include technology leaders such as Scott Belsky, Dharmesh Shah, and executives from Datadog, Supabase, PostHog, and Weights & Biases.

Mem0’s platform allows developers to integrate persistent AI memory into their applications using just a few lines of code. The system stores relevant information from previous interactions, removes outdated data, and recalls useful context when needed. Since launch, the open-source project has reached 41,000 GitHub stars, 14 million downloads, and processed 186 million API calls in the third quarter of 2025.

The company’s memory layer is used by thousands of teams, including startups and large enterprises, and is natively integrated into frameworks such as CrewAI, Flowise, and Langflow. Mem0 also serves as the exclusive memory provider for AWS’s Agent SDK. Founded by Taranjeet Singh and Deshraj Yadav, the San Francisco-based startup aims to make reliable, production-ready memory accessible to all AI developers.