Letta

Letta

About Letta

Simplify's Rating
Why Letta is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Company Size

1-10

Company Stage

Seed

Total Funding

$10M

Headquarters

San Francisco, California

Founded

2024

Overview

🚀
Launched Recently
Simplify Jobs

Simplify's Take

What believers are saying

  • Letta secured $10M in seed funding, indicating strong investor confidence.
  • The rise of AI memory management solutions aligns with Letta's core focus.
  • Increased demand for TypeScript SDKs could broaden Letta's developer audience.

What critics are saying

  • Increased competition from AI startups with similar capabilities could challenge Letta.
  • Scaling operations post-stealth mode may affect product quality and consistency.
  • Rapid AI advancements could render Letta's offerings obsolete without continuous innovation.

What makes Letta unique

  • Letta focuses on AI memory management, a niche gaining traction in computational optimization.
  • Originating from UC Berkeley's Sky Computing Lab, Letta has strong academic roots.
  • Letta's integration of Python 3.13 and TypeScript SDK caters to popular developer preferences.

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Funding

Total Funding

$10M

Above

Industry Average

Funded Over

1 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$10M
Letta

Benefits

Flexible Work Hours

Company News

Letta
Apr 2nd, 2025
Agent File

Today Letta Inc. is launching Agent File (.

Letta
Dec 13th, 2024
Letta v0.6.4 release

Letta Cloud just released Letta 0.6.4, which adds for | Python 3.13 support and a TypeScript SDK (alpha build)!

The Bridge Club
Sep 26th, 2024
Letta Raises $10M to Redefine AI Systems

Funding Overview: Letta secured $10M in seed financing led by Felicis, with contributions from Sunflower Capital, Essence VC, and notable angel investors.

Forbes India
Sep 24th, 2024
Tech5: Modi, Biden announce plan for semiconductor fabrication plant in India

Originating from UC Berkeley's Sky Computing Lab, Letta has secured $10 million in seed funding led by the venture capital (VC) firm Felicis' partner Astasia Myers.

TechCrunch
Sep 23rd, 2024
Letta, one of UC Berkeley’s most anticipated AI startups, has just come out of stealth | TechCrunch

AI memory management startup Letta just emerged from stealth with $10 million in seed led by Felicis and a bunch of big-name angels.

Recently Posted Jobs

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Product Engineer

San Francisco, CA, USA

Research Engineer

San Francisco, CA, USA

Senior Software Engineer

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Letta is Hiring for 5 Jobs on Simplify!

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We update Letta's jobs every few hours, so check again soon! Browse all jobs →

Research Engineer

San Francisco, CA, USA

Senior Software Engineer

San Francisco, CA, USA

See All Jobs

Letta is Hiring for 5 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Letta's jobs every few hours, so check again soon! Browse all jobs →