Tech Company Financing Transactions

Letta Funding Round

Letta, operating out of San Francisco, raised $10 million from Felicis Ventures, Essence Ventures and private investors.

Transaction Overview

Company Name
Announced On
9/23/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors

Felicis Ventures (Lead Investor)

Essence Ventures

private investors (Barry McCardel)

private investors (Clem Delangue)

private investors (Cristobal Valenzuela)

private investors (Jeff Dean)

private investors (Jordan Tigani)

private investors (Robert Nishihara)

private investors (Tristan Handy)

Sunflower Bank

Proceeds Purpose
The company intends to use the funds to continue building a new hosted product, Letta Cloud, for developers to build and deploy agents with advanced memory systems.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
At Letta, we believe that programming agents starts with programming memory. And we're putting our deep expertise in research, systems, and AI behind building the stateful APIs of the future, starting with memory management. If that sounds like a mission you can get behind, we'd love you to join us!
Profile
Letta LinkedIn Company Profile
Social Media
Letta Company Twitter Account
Company News
Letta News
Facebook
Letta on Facebook
YouTube
Letta on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Charles Packer
  Charles Packer LinkedIn Profile  Charles Packer Twitter Account  Charles Packer News  Charles Packer on Facebook
Chief Technical Officer
Sarah Wooders
  Sarah Wooders LinkedIn Profile  Sarah Wooders Twitter Account  Sarah Wooders News  Sarah Wooders on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/23/2024: Cariqa venture capital transaction
Next: 9/23/2024: Vicebio venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to report on every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary