Fundraising Fox

Mem0

YC S24

San Francisco, US · Founded 2023 · 10 employees · Hiring · 7 known investors

Mem0 provides memory infrastructure for AI systems, enabling them to build lasting, contextual memory across applications. The platform serves developers and AI companies that need portable memory and personalization capabilities.

Also known as Embedchain · Embedchain Inc

Founders & leadership· Y Combinator alumni (S24)

Mem0 was founded in 2023 by Taranjeet Singh and Deshraj Yadav.

TSTaranjeet Singh
Taranjeet Singhin𝕏Founder & CEOTaranjeet Singh co-founded Mem0 and previously worked as a growth engineer and senior product manager at Khatabook. He began his career as a software engineer at Paytm and has built several AI and machine learning projects, including an open-source ML evaluation platform with others.
DYDeshraj Yadav
Deshraj Yadavin𝕏Co-founder and CTOHe previously led the AI Platform at Tesla Autopilot, handling training and model evaluation for autonomous driving systems, and developed EvalAI, an open-source ML evaluation platform, during his master's degree at Georgia Tech.

Investors · 7

Also in the syndicate · 1

GitHub Fund

Funding

SEC filings, press & company announcements

$24M disclosed across 1 round · 2025

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through Mem0 went on to found or lead other companies.

Competitors · 5

by search overlap
Anthropic287 shared keywordsAnthropic is an AI safety research company that builds reliable, interpretable, and steerable AI systems. The company conducts frontier AI research, applies safety techniques, and deploys systems through products and partnerships.
Ask Claude287 shared keywordsClaude is Anthropic's conversational AI assistant, available at claude.ai on web, desktop and mobile plus a developer API.
CloudZero275 shared keywordsCloudZero provides cost allocation and financial management for AI workloads, helping companies understand the ROI of their AI investments across cloud platforms and AI services. The platform integrates with enterprise cloud providers and SaaS tools to map AI spend to business outcomes for engineering, finance, and IT teams.
PromptLayer236 shared keywordsPromptLayer provides a prompt content management system, evaluation harness, and observability tools for teams building large language model applications. It lets domain experts manage and test prompts collaboratively without editing the application codebase.
Juma188 shared keywordsJuma is a collaborative AI workspace that provides 700+ automated "Flows" for repeatable marketing tasks, such as ad reports, social content, and competitor analysis, delivering finished assets from a single workspace that connects to multiple AI models. It is aimed at marketing teams and agencies managing client work, with shared project context and integrations to tools like Google Drive, HubSpot, and Meta Ads.

Companies competing with Mem0 for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Mem0 do?
Mem0 provides memory infrastructure for AI systems, enabling them to build lasting, contextual memory across applications. The platform serves developers and AI companies that need portable memory and personalization capabilities.
Who founded Mem0?
Mem0 was founded by Taranjeet Singh, Deshraj Yadav in 2023.
Who are Mem0's investors?
Mem0's investors include Untapped Capital, Inception Studio Capital, Kindred Ventures, Peak XV Partners, Y Combinator, Basis Set Ventures.
How much funding has Mem0 raised?
Mem0 has disclosed $24M raised across 1 round.
Where is Mem0 headquartered?
Mem0 is headquartered in San Francisco, US.