Mem0 Raises $24 Million to Expand AI Memory Infrastructure Platform
- Mem0 secures $24 million in Series A led by Basis Set Ventures.
- Funding to scale engineering, enterprise deployment, and partnerships.
- Platform powers personalization and memory for AI agents.
Mem0, a memory infrastructure platform for AI agents, has raised $24 million in its Series A funding round led by Basis Set Ventures, with participation from Peak XV Partners, Kindred Ventures, GitHub Fund, and Y Combinator. Strategic investors in the round include senior executives from Datadog, Supabase, PostHog, GitHub, and Weights & Biases.
Founded in 2023 by Taranjeet Singh and Deshraj Yadav, Mem0 provides a production-ready memory layer that developers can easily integrate with just a few lines of code. The system captures and stores user interactions, resolves conflicting facts, applies confidence scoring, and retrieves relevant context, enabling personalization and continuity in AI agent workflows.
The fresh capital will be used to expand the engineering team, support enterprise deployments, and build partnerships with AI development platforms and tooling ecosystems. Developers can access Mem0 via its API and open-source repository at mem0.ai.
Also Read: Snabbit to Raise $30 Million from Bertelsmann to Drive Expansion
The company reports strong adoption, with 41,000 GitHub stars, 14 million Python package downloads, and API calls jumping from 35 million in Q1 to 186 million in Q3 2025. Thousands of teams across startups and enterprises now use Mem0 in production. Frameworks such as CrewAI, Flowise, and Langflow have integrated Mem0, while AWS has chosen it as the memory provider for its Agent SDK.
By simplifying how developers add persistent memory to large language model (LLM) applications, Mem0 is positioning itself as a core layer of AI agent infrastructure, much like authentication or databases.
