Mem Labs
PrivateLast Round
Series A
Nov 10, 2022
Est. Valuation
$110M
Total Funding Raised
$29.1M
Company Overview
Mem Labs operates in AI, Data & Cloud Infrastructure and is based in San Francisco, California. Its latest recorded funding round was a Series A round in November 2022.
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
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Mem Labs Comparables
Compare Mem Labs with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Tana | 88% | |
| Fabric | 84% | |
| Roam Research | 82% |
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Mem Labs Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Nov 10, 2022 | ||||
| Seed | Apr 6, 2021 |
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Key People
Founding team and executive leadership
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Mem Labs Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Andreessen Horowitz | Seed |
| Human Capital | Series A |
| Floodgate | Seed |
| Dreamers VC | Seed |
| Todd & Rahul Capital | Seed |
| Shrug Capital | Seed |
| Quiet Capital | Series A |
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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
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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.
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Mem Labs Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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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.