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Mem0 raises $24M across Seed and Series A rounds led by Basis Set Ventures to build a memory layer for AI agents, with participation from Y Combinator and Peak XV Partners.

PRIVATEOct 28, 2025

Amount Raised

$20 Million

Round Type

Series A

San FranciscoSoftwareArtificial IntelligenceMachine Learning

Investors

Y CombinatorPeak XV PartnersBasis Set Ventures

Description

Mem0 has raised a total of $24 million — comprising a $3.9 million Seed round and a $20 million Series A led by Basis Set Ventures — to build a memory layer for AI agents. The funding will help the company deliver a persistent AI memory infrastructure that developers can easily integrate into their applications. Founded by Taranjeet Singh and Deshraj Yadav, Mem0’s technology is already used by thousands of teams, including several Fortune 500 companies.

Quick answer

Mem0 raised $20 Million in a Series A round, dated October 28, 2025. Investors: Y Combinator, Peak XV Partners and Basis Set Ventures. Mem0 is based in San Francisco, California, United States.

How much did Mem0 raise?
Mem0 raised $20 Million in a Series A round on October 28, 2025.
Who invested in Mem0?
Y Combinator, Peak XV Partners and Basis Set Ventures are named as investors in this round.
What does Mem0 do?
Mem0 is a San Francisco based startup that enables developers to add persistent AI memory to their systems with just three lines of code.
Where is Mem0 based and how big is it?
Mem0 is based in San Francisco, California, United States.
Who are the decision-makers at Mem0?
Fundz holds 1 contact at Mem0. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Mem0 that raised within 45 days of this round, from Fundz verified event records.

  • Cursor raised $2.3B (Funding Round) on November 13, 2025.
  • OnCorps AI raised $55M on December 11, 2025.
  • Notta raised $15M (Series B) on December 11, 2025.
  • Runware raised $50M (Series A) on December 11, 2025.
  • Oboe raised $16M (Series A) on December 10, 2025.
  • Surf raised $15M (Funding Round) on December 10, 2025.

Who to call at Mem0, and when

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Company Information

Company

Mem0

Location

San Francisco, California, United States

About

Mem0 is a San Francisco based startup that enables developers to add persistent AI memory to their systems with just three lines of code. The platform provides production-ready agent memory infrastructure, allowing for memory that stores significant information, forgets outdated details, and recalls relevant data. Backed by notable investors, Mem0 has emerged as a key provider in the AI ecosystem for memory solutions.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Mem0 raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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