# Mem0

**Source:** https://www.startuphub.ai/startups/mem0
**Profile type:** Startup

> Persistent memory layer for AI agents and applications.

## About

Mem0 provides a drop-in AI memory infrastructure for agents and applications, enabling persistent context across sessions. Its memory compression engine automatically condenses chat history to reduce token usage and latency. Mem0 is built for developers seeking to integrate persistent memory into their AI agents and apps without pipeline changes.

## Key facts

- **Slug:** mem0
- **Website:** https://mem0.ai/
- **Location:** San Francisco, United States
- **Founded:** 2023-01-01
- **Employees:** 21
- **Operating status:** Active
- **Total funding:** $24M
- **Sectors / tags:** Agentic AI, AI Infrastructure, Foundation Model, Retrieval Augmented Generation, API Platform, Developer Tools, Open Source, Generative AI
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/mem0
  - Twitter: https://x.com/mem0ai
  - GitHub: https://github.com/mem0ai

## Frequently asked

### What does Mem0 do?

Mem0 provides a drop-in AI memory infrastructure for agents and applications, enabling persistent context across sessions. Its memory compression engine automatically condenses chat history to reduce token usage and latency. Mem0 is built for developers seeking to integrate persistent memory into their AI agents and apps without pipeline changes. (formerly {Embedchain}.)

### What is Mem0's revenue?

StartupHub estimates Mem0's annual revenue at $3.0M (range $1.6M to $5.9M, 62% confidence), based on comparable companies in the sector.

### What is Mem0's valuation?

StartupHub estimates Mem0's effective valuation at $92.9M (range $60.0M to $144.0M, 20% confidence), based on comparable companies in the sector.

### How much funding has Mem0 raised?

Mem0 has raised a total of $24M in funding. The most recent round on record is Series A.

### Where is Mem0 headquartered?

Mem0 is headquartered in San Francisco, United States.

### When was Mem0 founded?

Mem0 was founded in 2023.

### What industry does Mem0 operate in?

Mem0 operates in Agentic AI, AI Infrastructure, Foundation Model, Retrieval Augmented Generation, API Platform, Developer Tools.

### How many employees does Mem0 have?

Mem0 has approximately 21 people on record.

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