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Letta

AI · San Francisco, United States · Founded 2024

Independent AI company specializing in AI agents with memory capabilities MoreLess

Letta is a company that provides a memory management platform for building and deploying stateful AI agents. The platform enables developers to create AI agents that can maintain context and memory over long-running conversations, allowing them to learn and evolve from user interactions.

Letta's core technology is based on research from UC Berkeley, including the creators of MemGPT, a system for managing context and memory in AI models. The company offers a fully hosted, model-agnostic API service called Letta Cloud, which allows developers to build and manage their agents at scale. Letta also provides an Agent Development Environment (ADE) with a REST API and SDKs for creating and testing agents locally.

The company's services are aimed at developers and businesses building applications that require sophisticated AI agents with long-term memory and reasoning capabilities. Letta's business model is likely based on a subscription or usage-based fee for its cloud services.

Keywords: AI agents, memory management, stateful AI, MemGPT, agent development, context management, conversational AI, developer tools, API service, machine learning

Company overview

Letta company information

The essential company record, classifications and operating signals in one place.

Status
Operational
Founded
2024
Headquarters
San Francisco, United States
Employees
17
Open positions
None listed
Dealroom signal
70.2
client focusb2btechnologyArtificial Intelligencebusiness modelSaaSsectorCore AIsectorSpinoutsectorGenerative AIsectorMemory and StoragesectorAI AgentsindustryEnterprise Software

Valuation & funding

Letta funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDEquity / VC Sep 2024 $10M $70M Jeff Dean · Robert Nishihara · Cristóbal Valenzuela · Astasia Myers
SPINOUTOther financing Jan 2024 $0 University of California, Berkeley
Showing 2 recorded eventsUnlock the complete deal history →

Financials

Workforce over time

Available workforce history. Financial fields without reported data are omitted.

YearEmployees
2026 17
2025 21
2024 6
Company filings, research estimates and Dealroom dataOpen the full financial model →

Growth signals

Letta website traffic

Latest recorded traffic for Letta is 94K monthly website visits, down 27.7% over the last three months. Letta's team declined 19% over the past year.

Latest monthly visits94K 3-month web change-27.7% 1-year team growth-19%
Monthly website visits23 observations · Sep 2024–Jul 2026
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Comparisons

Letta compared with similar companies

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Showing 8 of the closest matchesCompare every metric →

Talent graph

Letta's talent

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Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

7 investors on Letta's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Seed 4 investors entered at this stage
Astasia Myers
Jeff Dean
Robert Nishihara
Cristóbal Valenzuela
Other known 3 additional known investors
University of California, Berkeley
Clément Delangue
Essence Venture Capital

Global footprint

Where Letta has talent and traffic

Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

In the news

Latest news about Letta

Recent press, funding announcements, and product moves mentioning Letta — open to read from the original sources.

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Market sentiment

What the market is saying about Letta

An AI-synthesized read of the highest-engagement posts about Letta on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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