Letta logo
AIVC-backedSeed
San Francisco, USA · Founded 2023

Letta

Memory-first infrastructure for AI agents

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About Letta

Letta (formerly MemGPT) is the open source framework for building AI agents with persistent memory. Unlike standard LLM applications that forget context between sessions, Letta agents remember users, learn over time, and maintain state across conversations. It originated from groundbreaking research at UC Berkeley on memory management for LLMs.

Pitch deck breakdown

How Letta would pitch themselves.

○ Auto-generated
01

Target customer

AI agents — the core audience Letta's product is built around.

02

Problem they solve

Letta (formerly MemGPT) is the open source framework for building AI agents with persistent memory. Unlike standard LLM applications that forget context between sessions, Letta agents remember users, learn over time, an… The category has historically been served by tools that miss the modern workflow this product is built around.

03

Key differentiator

Letta differentiates on memory-first infrastructure for ai agents. Backed by a16z + Jeff Dean, $10M raised — the company has resources + validation to compound this thesis. Founded by Charles Packer + team.

04

Go-to-market strategy

Early-stage GTM — typically product-led growth (free tier or low-friction onboarding) paired with founder-led sales for the first 100 customers. Heavy content marketing + community presence on Twitter/X, LinkedIn, and category-specific Slack groups.

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Letta website preview

Screenshot of Letta (letta.ai) — Memory-first infrastructure for AI agents

Company facts

Category
AI
Funding stage
Seed
Total raised
$10M
Founded
2023
Team size
10–50
HQ
San Francisco
Country
USA
Website
letta.ai

Founders of Letta

  • Charles Packer
  • Sarah Wooders

Investors backing Letta

  • a16z
  • Jeff Dean
  • Yann LeCun

Frequently asked questions

What does Letta do?

Letta (formerly MemGPT) is the open source framework for building AI agents with persistent memory. Unlike standard LLM applications that forget context between sessions, Letta agents remember users, learn over time, and maintain state across conversations. It originated from groundbreaking research at UC Berkeley on memory management for LLMs.

Where is Letta based?

Letta is based in San Francisco, USA.

When was Letta founded?

Letta was founded in 2023.

How much has Letta raised?

Letta has raised $10M in their Seed round.

Who founded Letta?

Letta was founded by Charles Packer, Sarah Wooders.

Who has invested in Letta?

Letta is backed by a16z, Jeff Dean, Yann LeCun.

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