Mem0, a company that builds memory infrastructure for AI applications, has raised $24 million in Series A funding led by Basis Set Ventures.
Other investors include Peak XV Partners, Kindred Ventures, GitHub Fund, and Y Combinator, along with top executives from Datadog, Supabase, PostHog, GitHub, and Weights & Biases.
The company plans to use the funds to grow its engineering team, support enterprise customers, and build new partnerships with AI platforms and tools.
“Every agentic application needs memory, just as every application needs a database,” says Taranjeet, Co-founder and CEO of Mem0. “We’re using this funding to become the default memory layer for AI agents, making LLM memory accessible and reliable for all developers.”
Founded in 2023 by Taranjeet Singh and Deshraj Yadav, Mem0 provides an easy-to-use memory infrastructure that developers can integrate with just three lines of code.
It works by saving important information from past interactions, removing old or conflicting data, and recalling relevant details whenever needed.
Since its launch, Mem0 has received 41,000 stars on GitHub and been downloaded 14 million times. The number of API calls has also grown quickly — from 35 million in the first quarter to 186 million in the third quarter of 2025.
Thousands of teams, from startups to Fortune 500 companies, are already using Mem0 in their live systems.
The platform is also integrated into popular frameworks like CrewAI, Flowise, and Langflow, and has been selected by AWS as the exclusive memory provider for its Agent SDK.
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