Mem0 raises $24M from YC, Peak XV and Basis Set to build the memory layer for AI apps
Update: 2025-10-29
Description
Mem0, a new tech startup, is making waves with its innovative AI memory solution. Founded by Taranjeet Singh, the company aims to give AI the human-like ability to remember conversations across apps. With $24 million in funding and over 41,000 GitHub stars, Mem0's open-source memory framework is gaining popularity among developers. The company's API saw a 30% monthly growth, indicating a promising future in the AI memory tech race. Unlike competitors, Mem0 is open and portable, allowing developers to easily add memory features to their own products.
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