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MemGPT

AI · San Francisco, United States · Founded 2023

Personalized AI with long-term memory MoreLess

MemGPT is an artificial intelligence company founded in 2023 by Charles Packer and Sarah Wooders, originating from research conducted at the University of California, Berkeley. The foundational concept for MemGPT emerged from Charles Packer's PhD work at UC Berkeley's AI Research (BAIR) and Sky Computing Lab, where he, along with a team including Sarah Wooders and Vivian Fang, sought to solve the context window limitations of large language models (LLMs). This research led to the creation of an open-source framework that allows LLMs to manage their own memory, drawing inspiration from memory management techniques in traditional computer operating systems.

The company provides a system that gives LLMs a form of long-term memory, surmounting the inherent constraints of their fixed-context windows. This is achieved through a virtual context management system that employs a hierarchical memory structure, akin to a computer's use of RAM and disk storage. The technology enables LLMs to intelligently page information in and out of their active context, creating a functionally unbounded memory. This allows AI agents built with MemGPT to maintain long, continuous conversations, remember past interactions, and analyze documents that far exceed the normal token limits of the underlying models. The system works by enabling the LLM to autonomously use function calls to read, write, and modify its own memory, effectively deciding what information is critical to keep in its immediate "working memory" and what can be moved to external storage for later retrieval.

MemGPT operates as an open-source framework, targeting developers and businesses looking to build more sophisticated and stateful AI applications. These applications include personalized AI assistants, advanced customer support chatbots, and powerful tools for document analysis. In August 2024, the company secured $10 million in a Series A funding round led by Felicis Ventures, which valued the company at $70 million. The open-source project has also seen significant traction, indicated by over 11,000 stars on GitHub. The company later introduced "Letta" as the name for the agent framework to distinguish it from the core MemGPT design pattern, with plans for a commercial offering focused on easier deployment, performance improvements, and monitoring tools.

Keywords: large language models, context window, memory management, conversational AI, AI agents, virtual context management, stateful AI, document analysis, chatbot framework, open-source AI, long-term memory, AI operating system, natural language processing, autonomous agents, information retrieval, knowledge management, AI development tools, persistent LLMs, data-driven decision making, personalized AI

Company overview

MemGPT company information

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

Status
Operational
Founded
2023
Headquarters
San Francisco, United States
Employees
Open positions
None listed
Dealroom signal
50.4
client focusb2btechnologyArtificial IntelligencetechnologyDeep Techbusiness modelSaaSsectorCore AIsectorSpinoutsectorNovel AIsectorGenerative AIsectorgenAI Model MakersectorgenAI ApplicationssectorAI AgentssectorDT and LSindustryEnterprise Software

Valuation & funding

MemGPT funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC Aug 2024 $10M $70M Felicis
SPINOUTOther financing Jan 2023 $0 University of California, Berkeley
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Growth signals

MemGPT website traffic

Latest recorded traffic for MemGPT is 3.4K monthly website visits, down 57.5% over the last three months.

Latest monthly visits3.4K 3-month web change-57.5%
Monthly website visits26 observations · Jun 2024–Jul 2026
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Comparisons

MemGPT compared with similar companies

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Talent graph

MemGPT's talent

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Team profiled 2 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

2 investors on MemGPT's cap table

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Series A 1 investor entered at this stage
Other known 1 additional known investor
University of California, Berkeley

Global footprint

Where MemGPT has talent and traffic

Workforce by country
🇺🇸 United States · San Francisco HQ
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In the news

Latest news about MemGPT

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Market sentiment

What the market is saying about MemGPT

An AI-synthesized read of the highest-engagement posts about MemGPT 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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