# Mem0.ai

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/mem0-ai

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.mem0.ai
- Total disclosed funding: $44M
- Latest round: Series A (Aug 25, 2026)
- Investors on record: 6

## About

Based in the US, Embedchain, Inc., trading under the name Mem0.ai provides advanced memory infrastructure for large language model applications, enhancing user interactions and optimizing operational costs with innovative technology.Mem0.ai is a technology firm specializing in memory infrastructure tailored for AI applications. Founded in 2023, the company is headquartered in San Francisco, US. Mem0.ai has secured a total of USD 24.00 mn in funding through its Series A round, led by Basis Set Ventures and supported by investors including GitHub, Kindred Ventures, and Y Combinator. The company has executed 2 deals to date, with the most recent funding completed on October 29, 2025. The founder's details are not available as of now.Mem0.ai offers a sophisticated memory layer specifically designed for large language model (LLM) applications, enabling personalized AI experiences that enhance user interactions while reducing operational costs. Its core product, the Memory Compression Engine, intelligently compresses chat history to optimize memory representations, effectively minimizing token usage and latency without sacrificing context fidelity. This technology serves a diverse client base that includes over 50,000 developers and enterprises across various sectors such as healthcare, education, e-commerce, and customer support. Applications of Mem0's products include improving patient care by retaining critical medical histories, enhancing learning experiences through personalized insights, and providing tailored customer support solutions. Mem0’s offerings are deployed in markets including North America, Europe, and Asia, reaching a global audience of users seeking advanced AI capabilities.Mem0.ai generates revenue through a subscription-based model that provides access to its memory layer solutions, allowing clients to integrate the technology seamlessly into their existing applications. The company's pricing structure includes various plans tailored to meet the needs of developers and enterprises, with options for on-premises and private cloud deployments. Revenue is derived primarily from business-to-business transactions, where enterprises pay for the volume of memory usage and specific features such as memory retention and access management. The company's flagship service, the Memory Compression Engine, is a key driver of engagement and value realization for clients, as it significantly reduces costs associated with token consumption while improving AI response quality. Through partnerships and client engagements, Mem0 cultivates a robust ecosystem that supports a wide range of applications and enhances customer satisfaction. In August 2026, Mem0.ai raised USD 20 million in series A funding led by Basis Set, with participation from Kindred Ventures, Peak XV Partners, Y Combinator, and M12.

## Funding rounds

- Series A, Aug 25, 2026, $20M — Y Combinator, M12, Kindred Ventures, Basis Set, Peak XV Partners
- Series A, Jul 9, 2025, $24M — Y Combinator, GitHub, Inc., Kindred Ventures, Basis Set, Peak XV Partners

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series A
- GitHub, Inc. — Series A
- Kindred Ventures (https://capitalatlas.ai/funds/kindred-ventures) — Series A
- Basis Set (https://capitalatlas.ai/funds/basis-set) — Series A
- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Series A
- M12 (https://capitalatlas.ai/funds/m12) — Series A