Letta is the company and platform built by the MemGPT creators: a memory-first coding agent (Letta Code), a cloud/API tier, and a research program on agents that learn.
Letta has the deepest research lineage in agent memory and the least settled product strategy, and I think the pattern it popularized will outlive its current packaging.
What it is #
Out of UC Berkeley’s Sky Computing Lab (founders Charles Packer and Sarah Wooders, advised by Ion Stoica and Joey Gonzalez), the team shipped the MemGPT paper, then a stateful-agent server, and now Letta Code: an Apache 2.0 npm harness where agents persist across sessions and rewrite their own context.
Memory is explicit and white-box: editable “memory blocks”, a /remember command, sleep-time consolidation (“dreaming”), and MemFS, which tracks agent context in git.
The design bet is that memory belongs inside the harness as tokens the agent can edit, not in a retrieval service beside it.
Surfaces now include the CLI, desktop app, chat.letta.com, messaging channels, an Agent SDK, and Letta Cloud.
Status #
Active, research-first, mid-pivot.
The letta-ai/letta repository (25.2k stars as of 2026-10-16) is now a landing page; the retired V1 API server lives on an unsupported archive branch with no security fixes, which strands self-hosters.
Development moved to letta-ai/letta-code (3.6k stars as of 2026-10-16, 3,780 commits as of 2026-10-16, latest tagged release v0.34.59 on 2026-11-13).
The company raised a $10M seed led by Felicis at a $70M post-money valuation in September 2024.
Letta Code launched December 2025 claiming the #1 model-agnostic OSS harness on TerminalBench; its HN thread drew 83 points and 37 comments, respect, not adoption-scale buzz.
Strengths #
- Memory you can actually inspect: every block is visible and editable, and
/initingests AGENTS.md/CLAUDE.md, so it interoperates with file conventions instead of fighting them. - The research is real and public: MemGPT, sleep-time compute, context repositories, and memory models form the most coherent learning-over-time agenda in the field.
- Skill learning distills repeated work into markdown skills other agents can reuse.
- Everything is Apache 2.0, and BYOK (including Z.ai and ChatGPT coding plans) works on the free tier.
Cautions #
- The 24.9k-star repo is a tombstone: the artifact most people find first is explicitly not the product, and the archived V1 server should not run in production.
- Product surface churned three times in two years (framework server, SDK, coding agent); each pivot resets the integration investment.
- HN commenters in the launch thread called long-term memory for coding “dubious” and flagged context poisoning as a risk memory systems amplify.
- Community footprint is modest relative to the paper’s fame; the ideas spread faster than the software.
Pricing #
Free: $0/month, BYOK plus 3 stateful agents, 5 MiB of storage per memory repository. Pro $20/month (up to 20 stateful agents, 50 MiB per repository) and now includes $20 of credits each month for any model, with remote sandboxes charged against credits; Teams Pro $20/seat/month adds shared agents and permissions; Enterprise custom and volume-based, as of 2026-11-13. Usage shows as dollar amounts and extra credits can be purchased at any time; server-side tools bill CPU time at $0.00015/second, and the former usage-based API plan with its $0.10-per-active-agent monthly metering no longer appears on the pricing page. The free tier is genuinely usable because the expensive part (models) is yours.
Price history #
| Date | Plan | Change | Source |
|---|---|---|---|
| 2026-09-18 | Pro, API plan | Baseline: Free (BYOK, 3 stateful agents), Pro $20/mo (up to 20 agents), API plan $20/mo plus $0.10 per active agent/mo and $0.00015 per second of tool execution, Teams $20/seat, Enterprise custom. | |
| 2026-11-13 | Pro, Teams Pro, API plan | The usage-based API plan and its $0.10 per active agent/mo metering left the pricing page; usage moved to dollar-denominated credits (the $0.00015/sec tool CPU rate retained in the FAQ), Pro $20/mo now includes $20 of monthly credits, Teams Pro $20/seat/mo. |
Compared to #
- Mem0: a memory API you bolt on; choose it when your agent framework is already chosen.
- Zep: temporal knowledge-graph memory as a service; choose it over Letta when audit and fact invalidation outrank agent autonomy.
- Claude Code: the incumbent harness; choose Letta Code when cross-session learning is the point rather than a bonus.
Bottom line #
Recommended for engineers who want to study (and hack on) where agent memory is going, and for always-on agents that must accumulate a self. Not for teams wanting stable infrastructure: the V1 server burial proves the roadmap can strand you, and my disagreeable claim is that most of Letta’s value today is importable, steal the memory-block and sleep-time patterns into a harness you already run.
Changes #
- 2026-08-24 - Created among the four memory notes of the research index seeding run.
- 2026-09-05 - Reconciled an internal star count inconsistency across the note.
- 2026-09-20 - Added the Price history section tracking price changes in a table, per the new owner rule.
- 2026-10-07 - Added the letta-ai/letta star history chart to the Status section.
- 2026-10-16 - Rotation re-verification: every cited URL re-fetched live and the pricing ladder re-verified unchanged; letta-code’s commit count refreshed to 3,780 and its latest tagged release recorded (v0.34.15, 2026-10-15), and the landing-page repository refreshed to 25.2k stars.
- 2026-10-19 - Recorded letta-code v0.34.17 (2026-10-18) in the Status release line.
- 2026-10-26 - Rotation re-verification: every cited URL re-fetched live and the pricing ladder re-verified unchanged (Free 3 agents, Pro $20/mo, API plan $20/mo plus $0.10 per active agent and $0.00015 per tool-execution second); letta-code’s latest tagged release refreshed to v0.34.24 (2026-10-25).
- 2026-10-30 - Rotation re-verification: every cited URL re-fetched live and the pricing ladder re-verified unchanged (Free 3 stateful agents, Pro $20/mo with up to 20 stateful agents); letta-code’s latest tagged release refreshed to v0.34.33 (2026-10-30), with the landing-page repository still quiet since 2026-10-18.
- 2026-11-07 - Rotation re-verification: every cited URL re-fetched live and the pricing ladder re-verified unchanged (Free BYOK plus 3 stateful agents, Pro $20/mo, the $0.10 per active agent and $0.00015 per tool-execution second API rates from the 2026-09-18 baseline); letta-code’s latest tagged release refreshed to v0.34.44 (2026-11-07) with development active through 2026-11-07, and the landing-page repository still quiet since 2026-10-18.
- 2026-11-13 - Rotation re-verification: every cited URL re-fetched live (letta.com, the launch post through its redirect, both repositories, the pricing page, the MemGPT paper, the TechCrunch piece, the launch thread), the landing-page repository still quiet since 2026-10-18, and letta-code’s latest tagged release refreshed to v0.34.59 (2026-11-13); recorded the pricing restructure (the API plan and per-agent metering gone from the page, dollar-denominated credits replace them, Pro now includes $20 monthly credits, Price history row).
See also #
- Mem0 - the API-first alternative and benchmark rival
- Agentic Coding Tools Landscape - where a memory-first harness sits in the map
- Claude Code - the session-first incumbent this positions against
- Codex - the other open harness steering OSS agent expectations
References #
https://www.letta.com/ - company surface, research timeline, backers
https://github.com/letta-ai/letta - landing-page status and archived V1 server, stars as of 2026-10-16
https://github.com/letta-ai/letta-code - the active harness, features, license
https://www.letta.com/blog/letta-code - the memory-first launch post and TerminalBench claim
https://arxiv.org/abs/2310.08560 - MemGPT: the paper the field cites
https://techcrunch.com/2024/09/23/letta-one-of-uc-berkeleys-most-anticipated-ai-startups-has-just-come-out-of-stealth/ - seed round and origin
https://docs.letta.com/pricing - plan structure, re-verified 2026-11-13 (Free $0 with 5 MiB per repository, Pro $20 including $20 monthly credits, Teams Pro $20/seat, Enterprise custom; the API-plan per-agent metering left the page)
https://news.ycombinator.com/item?id=46294274 - launch thread with founder answers and skeptic pushback