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Mem Labs

Mem Labs

Private
San Francisco, CaliforniaAI, Data & Cloud Infrastructurehttps://letta.com

Last Round

Series A

Nov 10, 2022

Est. Valuation

$110M

Total Funding Raised

$29.1M

Company Overview

Letta is an AI research lab that develops a platform for building persistent, self-improving AI agents with advanced memory capabilities.

Sector

AI, Data & Cloud Infrastructure

Verticals

NLP & Conversational AI, ML Platforms, Cloud Infrastructure, Workflow Automation, Database Management

Business Model

B2C

Customer Profile

Subscription SaaS, Freemium

AI Layer

Infrastructure

Keywords

AI agentsagentic AIpersistent memoryLLM memoryagent runtimeAI infrastructurestateful AIMemGPTAI developer toolscontext managementautonomous agentsAI orchestrationLLM frameworkagent frameworkAI agent security

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Mem Labs Comparables

Compare Mem Labs with similar companies based on industry and business-model similarity.

Mem Labs comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Tana
88%
Fabric
84%
Roam Research
82%

Mem Labs Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series ANov 10, 2022
SeedApr 6, 2021

Key People

Founding team and executive leadership

Jan Wilman

Chief Executive Officer

Executive Team

Mem Labs Investors

Notable investors and investment history

Mem Labs investors
InvestorRounds
Andreessen HorowitzSeed
Human CapitalSeries A
FloodgateSeed
Dreamers VCSeed
Todd & Rahul CapitalSeed
Shrug CapitalSeed
Quiet CapitalSeries A

Market signals

Structured signals derived from secondary market and firmographic data.

  • Jun 21, 2026

    Monthly visitors grew 54% MoM, reaching 362.4K.

  • Apr 6, 2021

    $6M round led by Andreessen Horowitz

Recent news

Latest coverage and updates

  • has_valuationSep 16, 2026

    Mem has a $110M post-money valuation after a $23.5M Series A led by the OpenAI Startup Fund, as reported on Nov 10th '22.

Mem Labs Filings

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Mem Labs filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Mem Labs's valuation, stock price, and market status.

Is Mem Labs a public or private company?

Mem Labs is a private company.

What is the current stock price of Mem Labs?

Mem Labs is a private company, so its shares have no public market price. Caplight tracks Mem Labs's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Mem Labs worth (valuation)?

Mem Labs's valuation is estimated at $110.0M based on funding round data.

Can I buy Mem Labs stock?

Mem Labs shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Mem Labs's last funding round?

Mem Labs's most recent funding round was Series A on November 10, 2022.

Who are the main investors in Mem Labs?

Key investors in Mem Labs include Andreessen Horowitz.

Will Mem Labs IPO soon?

No public IPO plans have been announced for Mem Labs.

How can I track Mem Labs secondary market activity?

Caplight tracks bids, offers, and trades in Mem Labs's shares on secondary markets.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range12
Year Founded2019
Last FundingNov 10, 2022

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