State of Mind Ventures

State of Mind Ventures is a venture capital firm based in Herzliya, Israel, founded in 2015. It specializes in early-stage investments in innovative startups that focus on transformative, technology-driven solutions. The firm targets sectors such as artificial intelligence, big data, cybersecurity, computer vision, robotics, sensors, and aerospace. State of Mind Ventures aims to empower ambitious founders and teams that are poised to shape the future through their groundbreaking ideas and technologies. The firm has managed multiple investment funds, enabling it to support a diverse portfolio of startups. Since its inception, it has made 28 investments and has exited from one.

Nir Adler

Co-Founder and General Partner

Yuval Baharav

Co-Founder and General Partner

Merav Rotem Naaman

General Partner

Shelly Nice

CFO

41 past transactions

Pliops

Series D in 2022
Pliops Ltd, founded in 2017 and based in Ramat Gan, Israel, specializes in developing innovative cloud storage solutions. The company was established by veterans of the flash storage industry and aims to create a new category of products that significantly enhance data access speeds for cloud and enterprise data centers. Pliops' technology enables data access up to 50 times faster while reducing computational load and power consumption to one-tenth of traditional methods. By streamlining multiple inefficient layers into a single, ultra-fast device, Pliops addresses scalability challenges posed by the rapid growth of cloud data and the increasing demands of artificial intelligence and machine learning applications.

IndieFlow

Seed Round in 2022
IndieFlow developed a workflow management platform for the music industry. It is an Israeli startup that developed a centralized platform to manage music industry workflows and streamline the major building blocks of an artist’s career. It enables users to manage their workflow, distribute their songs on platforms like Deezer, Amazon Music, Spotify, and more. It also allows users to manage royalty payments.

Rivery

Series B in 2022
Rivery is a data integration platform that simplifies the process of aggregating and transforming both internal and external data sources into a unified cloud-based system. The platform automates every ELT (Extract, Load, Transform) process for various cloud data warehouses, such as Redshift, BigQuery, Azure, and Snowflake. By offering a code-free solution, Rivery allows business intelligence and data teams to concentrate on analysis and insights, alleviating the burden of data pipeline maintenance. The company's technology bridges the gap between the scalability and flexibility of cloud integration and the technical expertise required for effective utilization, enabling businesses to efficiently manage their data systems in the cloud.

Optibus

Series D in 2022
Optibus leverages the power of machine-learning and optimization algorithms to redefine the way mass-transportation is planned and operated. Optibus’ disruptive technology drive some of the most complex transportation operations worldwide, helping to improve the quality of service, increase efficiencies, save money, and streamline operations.

SellX

Seed Round in 2022
SellX is a developer of a sales platform that focuses on tracking performance, automating workflows, and managing payments for its clients. The platform features AI-driven matching and targeted customer segments, allowing users to conduct various types of campaigns. It also includes defined criteria for sales representatives, personalized outreach sequences, and multi-channel engagement options. With real-time analytics, SellX enables clients to effectively acquire customers by launching customizable campaigns and qualifying leads efficiently.

Vee

Seed Round in 2022
Vee one-stop mobile app and volunteer management platform offer mid-sized to enterprise companies an easy way to manage, track & maximize their employees' volunteering experience while enhancing productivity, engagement and internal communication.

Copilot-cx

Series A in 2022
Copilot is an automated customer experience platform for consumer electronics companies. It enables companies that manufacture these products to interact automatically with their entire customer base according to behavior, and improve the overall customer experience by analyzing and segmenting data from smart and connected consumer devices. Using data-science, Copilot automatically identifies and communicates with customers that are struggling with product setup and are likely to return it to the store. Copilot's rating engine interacts automatically with happy users at the right moment and encourages them to provide a positive rating and review of A product on the relevant store. By analyzing the way customers are interacting with their devices over time, Copilot identifies frequently and rarely used features, allowing companies to build better devices and applications fitted better to their customers’ needs. Companies can use Copilot to automatically reach out to customers who are likely to buy more consumables, accessories or subscription, with a personal offer tailored to each user according to their usage pattern.

Oshi

Seed Round in 2021
Producer of whole-cut fish fillets intended to create boneless fish whole-cuts made entirely from plants. The company is developing a breakthrough additive manufacturing technology to produce plant-based whole-cut fish fillets at a low cost and massive scale, enabling users to save the oceans and eliminate the consumption of marine animals by providing more sustainable, safer fish for humanity.

StreamElements

Series B in 2021
StreamElements is a platform designed to support live content creators by offering tools for audience management, monetization, and community growth. Founded in 2016 and based in Tel Aviv, Israel, the platform provides features such as a stream dashboard, overlay manager, loyalty systems, chat analytics, and custom stream pages. These tools enable creators to enhance their live streaming capabilities, present ads, collect donations, and reward viewers with loyalty points. StreamElements currently supports over 40,000 Twitch channels and has recently expanded its services to YouTube, focusing on increasing production value, tracking performance, and facilitating revenue generation for content creators in the gaming and streaming community.

Sproutt

Series B in 2021
Sproutt is a new kind of life insurance company that loves life and rewards those who love theirs. It is our purpose to use data and AI to finally reward people who live a healthy life with the best life insurance. We believe it’s important to live a balanced life that includes a reasonable amount of exercise, eating well, and getting a proper amount of sleep. But we also believe that owning pets, being surrounded by friends and family, and feeling supported by your community, are equally important factors on longevity that should be rewarded. Whether inquiring about life insurance, or actually purchasing coverage through Sproutt, we believe it is our mission to educate and encourage everyone we meet to embrace a healthy lifestyle.

Veego

Series A in 2021
Veego is a technology company based in Ramat Gan, Israel, that specializes in developing software aimed at resolving errors and malfunctions in remote IoT devices. Utilizing artificial intelligence and machine learning, Veego's application proactively detects and analyzes the root causes of issues in edge devices and gateways within the IoT ecosystem. The software is designed for use by developers, integrators, and service organizations, enabling them to autonomously fix problems before they affect users. This capability helps service organizations reduce support costs while enhancing user satisfaction.

Gloww

Seed Round in 2021
Gloww is a video platform designed to enhance the live interaction experience for both hosts and participants. The company provides tools for users to plan, design, and host live video sessions that prioritize attendee engagement. Users can create customized experiences by choosing from a range of templates or building their own, while also incorporating personal media assets or utilizing Gloww's library of images, HD videos, and music. The platform aims to facilitate highly interactive and content-rich live sessions, enabling a new level of engagement and interaction during virtual events.

MOV.AI

Series A in 2021
MOV.AI is a startup that provides an operating system for autonomous intelligent collaborative robots for universal commercial use. Their solution provides an industry-grade, ROS compatible O/S that enables easy mapping, robust, affordable and autonomous navigation and obstacle avoidance as well as a modern end-user interface which facilitates easy customization to make autonomous robots a commercial reality. By Supporting cloud-based software-distribution and complying with cyber-security’s best practices, their solution provides the brains for making mobile machines operate autonomously.

Perception Point

Series B in 2021
Perception Point, based in Tel Aviv, Israel, specializes in cyber security technology that focuses on preventing content-based attacks across various collaboration channels, such as email, cloud storage, CRM applications, and messaging platforms. The company offers a Prevention-as-a-Service solution that rapidly intercepts threats like phishing, business email compromise, spam, and malware before they reach end-users. Its innovative platform, which employs seven detection layers to yield a single verdict, can be deployed quickly without altering existing infrastructure, ensuring minimal disruption for IT teams. Additionally, Perception Point provides an Incident Response team that enhances the enterprise's security operations center capabilities. The effectiveness of its technology has garnered recognition from industry leaders and demonstrated superior return on investment compared to other cyber security solutions, making it a trusted partner for a diverse range of global enterprises across multiple sectors, including telecom, food and beverage, technology, and healthcare.

Rivery

Series A in 2021
Rivery is a data integration platform that simplifies the process of aggregating and transforming both internal and external data sources into a unified cloud-based system. The platform automates every ELT (Extract, Load, Transform) process for various cloud data warehouses, such as Redshift, BigQuery, Azure, and Snowflake. By offering a code-free solution, Rivery allows business intelligence and data teams to concentrate on analysis and insights, alleviating the burden of data pipeline maintenance. The company's technology bridges the gap between the scalability and flexibility of cloud integration and the technical expertise required for effective utilization, enabling businesses to efficiently manage their data systems in the cloud.

Pliops

Venture Round in 2021
Pliops Ltd, founded in 2017 and based in Ramat Gan, Israel, specializes in developing innovative cloud storage solutions. The company was established by veterans of the flash storage industry and aims to create a new category of products that significantly enhance data access speeds for cloud and enterprise data centers. Pliops' technology enables data access up to 50 times faster while reducing computational load and power consumption to one-tenth of traditional methods. By streamlining multiple inefficient layers into a single, ultra-fast device, Pliops addresses scalability challenges posed by the rapid growth of cloud data and the increasing demands of artificial intelligence and machine learning applications.

Percepto

Series B in 2020
Percepto is a developer of autonomous drone technology for inspection and surveillance. Drones hold the potential to disrupt multi-billion dollar industries including energy, security, insurance, agriculture, and more. Drones completely change the way inspection, measurement, surveillance, and deliveries are done today. Still, the main barrier to making them a must-have platform is the ability of drones to perform tasks autonomously. The company is at the forefront of redefining how industrial sites and critical infrastructure are holistically inspected and monitored, harnessing remote robotics to autonomously collect, aggregate, and analyze visual data. Leveraging its experience with Percepto Sparrow, the most deployed drone-in-a-box solution on the market, Percepto introduced Percepto AIM (Autonomous Inspection and Monitoring) the first end-to-end autonomous inspection and monitoring platform. Percepto AIM empowers the remote operation center of the future to assess risk, minimize downtime, drive efficiency, increase safety, and reduce operational costs.

MOV.AI

Series A in 2020
MOV.AI is a startup that provides an operating system for autonomous intelligent collaborative robots for universal commercial use. Their solution provides an industry-grade, ROS compatible O/S that enables easy mapping, robust, affordable and autonomous navigation and obstacle avoidance as well as a modern end-user interface which facilitates easy customization to make autonomous robots a commercial reality. By Supporting cloud-based software-distribution and complying with cyber-security’s best practices, their solution provides the brains for making mobile machines operate autonomously.

Sproutt

Series A in 2019
Sproutt is a new kind of life insurance company that loves life and rewards those who love theirs. It is our purpose to use data and AI to finally reward people who live a healthy life with the best life insurance. We believe it’s important to live a balanced life that includes a reasonable amount of exercise, eating well, and getting a proper amount of sleep. But we also believe that owning pets, being surrounded by friends and family, and feeling supported by your community, are equally important factors on longevity that should be rewarded. Whether inquiring about life insurance, or actually purchasing coverage through Sproutt, we believe it is our mission to educate and encourage everyone we meet to embrace a healthy lifestyle.

Rivery

Seed Round in 2019
Rivery is a data integration platform that simplifies the process of aggregating and transforming both internal and external data sources into a unified cloud-based system. The platform automates every ELT (Extract, Load, Transform) process for various cloud data warehouses, such as Redshift, BigQuery, Azure, and Snowflake. By offering a code-free solution, Rivery allows business intelligence and data teams to concentrate on analysis and insights, alleviating the burden of data pipeline maintenance. The company's technology bridges the gap between the scalability and flexibility of cloud integration and the technical expertise required for effective utilization, enabling businesses to efficiently manage their data systems in the cloud.

3d Signals

Seed Round in 2019
3DSignals Ltd. specializes in acoustic-based analytics solutions aimed at enhancing industrial machine performance. Founded in 2015 and headquartered in Kfar Saba, Israel, the company focuses on facilitating the digital transformation of manufacturers towards Industry 4.0. Its offerings include asset performance monitoring and manufacturing digitalization solutions that utilize a variety of sensors for quick and non-invasive deployment. The AI-driven platform provided by 3DSignals converts data from these sensors into actionable insights, equipping businesses with tools for analysis and intelligence in the cloud. This innovative approach has demonstrated significant improvements in machine productivity and reductions in operating costs shortly after implementation.

Cymptom

Seed Round in 2019
Cymptom is a security platform designed to enhance cyber resilience for businesses by identifying and addressing potential vulnerabilities. The platform maps various breach scenarios and pinpoints pathways to critical assets without simulating attacks or disrupting existing security measures. By continuously monitoring and assessing security gaps in real-time, Cymptom enables organizations to prioritize their mitigation strategies effectively. This approach allows for a comprehensive and non-intrusive security assessment, ensuring that businesses remain protected against cyber threats at all times.

Veego

Seed Round in 2019
Veego is a technology company based in Ramat Gan, Israel, that specializes in developing software aimed at resolving errors and malfunctions in remote IoT devices. Utilizing artificial intelligence and machine learning, Veego's application proactively detects and analyzes the root causes of issues in edge devices and gateways within the IoT ecosystem. The software is designed for use by developers, integrators, and service organizations, enabling them to autonomously fix problems before they affect users. This capability helps service organizations reduce support costs while enhancing user satisfaction.

3d Signals

Series A in 2019
3DSignals Ltd. specializes in acoustic-based analytics solutions aimed at enhancing industrial machine performance. Founded in 2015 and headquartered in Kfar Saba, Israel, the company focuses on facilitating the digital transformation of manufacturers towards Industry 4.0. Its offerings include asset performance monitoring and manufacturing digitalization solutions that utilize a variety of sensors for quick and non-invasive deployment. The AI-driven platform provided by 3DSignals converts data from these sensors into actionable insights, equipping businesses with tools for analysis and intelligence in the cloud. This innovative approach has demonstrated significant improvements in machine productivity and reductions in operating costs shortly after implementation.

Amenity Analytics

Series B in 2019
Amenity Analytics, Inc. specializes in developing cloud-based text analytics solutions that utilize natural language processing and machine learning to convert unstructured data into structured formats. Its platform enables businesses to extract actionable insights from complex documents and narrative content, helping professionals navigate today's information overload. Key offerings include the Amenity Viewer, which analyzes call transcripts to identify outliers, as well as customized solutions tailored to specific data needs. The company's services cater to a diverse clientele, including banking, insurance, hedge funds, financial exchanges, media companies, and consultancies. Founded in 2013 and headquartered in New York, Amenity Analytics positions itself as a leader in transforming how organizations leverage data for decision-making.

Pliops

Series B in 2019
Pliops Ltd, founded in 2017 and based in Ramat Gan, Israel, specializes in developing innovative cloud storage solutions. The company was established by veterans of the flash storage industry and aims to create a new category of products that significantly enhance data access speeds for cloud and enterprise data centers. Pliops' technology enables data access up to 50 times faster while reducing computational load and power consumption to one-tenth of traditional methods. By streamlining multiple inefficient layers into a single, ultra-fast device, Pliops addresses scalability challenges posed by the rapid growth of cloud data and the increasing demands of artificial intelligence and machine learning applications.

StreamElements

Series A in 2019
StreamElements is a platform designed to support live content creators by offering tools for audience management, monetization, and community growth. Founded in 2016 and based in Tel Aviv, Israel, the platform provides features such as a stream dashboard, overlay manager, loyalty systems, chat analytics, and custom stream pages. These tools enable creators to enhance their live streaming capabilities, present ads, collect donations, and reward viewers with loyalty points. StreamElements currently supports over 40,000 Twitch channels and has recently expanded its services to YouTube, focusing on increasing production value, tracking performance, and facilitating revenue generation for content creators in the gaming and streaming community.

Cognigo

Series A in 2018
Cognigo helps to achieve data security and GDPR compliance in days, not months - through cognitive computing. Cognigo's DataSense is a single point of control to manage and secure critical data assets and PIIs. Through advanced machine learning algorithms, DataSense is able to understand and classify data, enforce compliance and security policies and to orchestrate other data security platforms. The company was founded in 2016.

Indeni

Series A in 2018
Indeni Limited provides network security monitoring and troubleshooting solutions, focusing on the proactive management of security device networks. Its primary product, a monitoring system, automatically detects configuration errors and potential traffic problems, alerts administrators, and suggests remedial actions. Users can also opt for the system to execute fixes autonomously. Additionally, Indeni offers implementation and support services to enhance user experience. The company serves a diverse range of sectors, including healthcare, government, telecommunications, and financial services. Founded in 2009 and headquartered in Tel Aviv, Israel, Indeni also features crowd-sourced automation tools that allow organizations to access a repository of scripts for maintaining network visibility, security, and compliance. This collaborative platform enables IT teams to learn from a community of certified professionals, thereby reducing operational costs and ensuring continuous network availability.

KanduAI

Seed Round in 2018
KanduAI is a technology company that specializes in the development of machine learning inference engine for mobile and embedded devices. Its mission is to bring artificial intelligence to everyday devices. The company was founded in 2018 and is headquartered in Tel Aviv, Israel.

Perception Point

Series A in 2018
Perception Point, based in Tel Aviv, Israel, specializes in cyber security technology that focuses on preventing content-based attacks across various collaboration channels, such as email, cloud storage, CRM applications, and messaging platforms. The company offers a Prevention-as-a-Service solution that rapidly intercepts threats like phishing, business email compromise, spam, and malware before they reach end-users. Its innovative platform, which employs seven detection layers to yield a single verdict, can be deployed quickly without altering existing infrastructure, ensuring minimal disruption for IT teams. Additionally, Perception Point provides an Incident Response team that enhances the enterprise's security operations center capabilities. The effectiveness of its technology has garnered recognition from industry leaders and demonstrated superior return on investment compared to other cyber security solutions, making it a trusted partner for a diverse range of global enterprises across multiple sectors, including telecom, food and beverage, technology, and healthcare.

Pliops

Series A in 2017
Pliops Ltd, founded in 2017 and based in Ramat Gan, Israel, specializes in developing innovative cloud storage solutions. The company was established by veterans of the flash storage industry and aims to create a new category of products that significantly enhance data access speeds for cloud and enterprise data centers. Pliops' technology enables data access up to 50 times faster while reducing computational load and power consumption to one-tenth of traditional methods. By streamlining multiple inefficient layers into a single, ultra-fast device, Pliops addresses scalability challenges posed by the rapid growth of cloud data and the increasing demands of artificial intelligence and machine learning applications.

Getwizer

Series A in 2017
getWizer is an adaptive end-to-end Consumer Insights platform that optimizes and automates the research process, utilizing best-of-breed research technologies and tools. getWizer’s software and team of experts frees the insights team to focus on delivering better consumer insights that ignite smarter decision making. getWizer is backed by Nielsen and counts among its customers brands such as Reebok, Puma, Citi and Next Insurance. For more information visit www.getwizer.com.

Amenity Analytics

Series A in 2017
Amenity Analytics, Inc. specializes in developing cloud-based text analytics solutions that utilize natural language processing and machine learning to convert unstructured data into structured formats. Its platform enables businesses to extract actionable insights from complex documents and narrative content, helping professionals navigate today's information overload. Key offerings include the Amenity Viewer, which analyzes call transcripts to identify outliers, as well as customized solutions tailored to specific data needs. The company's services cater to a diverse clientele, including banking, insurance, hedge funds, financial exchanges, media companies, and consultancies. Founded in 2013 and headquartered in New York, Amenity Analytics positions itself as a leader in transforming how organizations leverage data for decision-making.

Twiggle

Series B in 2017
Twiggle Ltd. specializes in developing advanced search technology aimed at enhancing the e-commerce experience by effectively connecting consumers with products. Founded in 2013 and headquartered in Tel Aviv, Israel, Twiggle employs machine learning and natural language processing to create solutions that mimic a salesperson's understanding of customer intent. The company offers a Semantic API, which integrates seamlessly into existing search engines to improve search logic and deliver more accurate results. Twiggle’s approach combines a deep understanding of linguistic structure with insights into retail behavior, enabling a more intuitive online shopping experience. The firm has garnered support from notable investors, including Alibaba and Naspers, and its board includes seasoned experts from leading tech companies. Twiggle has been recognized as a significant player in the AI space, earning accolades such as being named a Gartner Cool Vendor and ranking among the top 100 AI companies by CB Insights.

StreamElements

Seed Round in 2017
StreamElements is a platform designed to support live content creators by offering tools for audience management, monetization, and community growth. Founded in 2016 and based in Tel Aviv, Israel, the platform provides features such as a stream dashboard, overlay manager, loyalty systems, chat analytics, and custom stream pages. These tools enable creators to enhance their live streaming capabilities, present ads, collect donations, and reward viewers with loyalty points. StreamElements currently supports over 40,000 Twitch channels and has recently expanded its services to YouTube, focusing on increasing production value, tracking performance, and facilitating revenue generation for content creators in the gaming and streaming community.

Cognigo

Seed Round in 2016
Cognigo helps to achieve data security and GDPR compliance in days, not months - through cognitive computing. Cognigo's DataSense is a single point of control to manage and secure critical data assets and PIIs. Through advanced machine learning algorithms, DataSense is able to understand and classify data, enforce compliance and security policies and to orchestrate other data security platforms. The company was founded in 2016.

Twiggle

Series A in 2016
Twiggle Ltd. specializes in developing advanced search technology aimed at enhancing the e-commerce experience by effectively connecting consumers with products. Founded in 2013 and headquartered in Tel Aviv, Israel, Twiggle employs machine learning and natural language processing to create solutions that mimic a salesperson's understanding of customer intent. The company offers a Semantic API, which integrates seamlessly into existing search engines to improve search logic and deliver more accurate results. Twiggle’s approach combines a deep understanding of linguistic structure with insights into retail behavior, enabling a more intuitive online shopping experience. The firm has garnered support from notable investors, including Alibaba and Naspers, and its board includes seasoned experts from leading tech companies. Twiggle has been recognized as a significant player in the AI space, earning accolades such as being named a Gartner Cool Vendor and ranking among the top 100 AI companies by CB Insights.

Perception Point

Seed Round in 2015
Perception Point, based in Tel Aviv, Israel, specializes in cyber security technology that focuses on preventing content-based attacks across various collaboration channels, such as email, cloud storage, CRM applications, and messaging platforms. The company offers a Prevention-as-a-Service solution that rapidly intercepts threats like phishing, business email compromise, spam, and malware before they reach end-users. Its innovative platform, which employs seven detection layers to yield a single verdict, can be deployed quickly without altering existing infrastructure, ensuring minimal disruption for IT teams. Additionally, Perception Point provides an Incident Response team that enhances the enterprise's security operations center capabilities. The effectiveness of its technology has garnered recognition from industry leaders and demonstrated superior return on investment compared to other cyber security solutions, making it a trusted partner for a diverse range of global enterprises across multiple sectors, including telecom, food and beverage, technology, and healthcare.

SpacePharma

Series A in 2015
SpacePharma SA specializes in providing microgravity services and solutions aimed at advancing scientific research. Founded in 2012 and based in Delémont, Switzerland, the company has developed mGnify, a compact, remotely operated laboratory designed for various microgravity environments, such as ground simulators, parabolic flights, and nanosatellites. SpacePharma's research and development efforts encompass a range of applications, including biochemistry, drug screening, gene expression, protein crystallization, and migration studies. By leveraging the unique conditions present in microgravity, SpacePharma enables researchers to conduct innovative experiments that may not be feasible on Earth.

Twiggle

Seed Round in 2014
Twiggle Ltd. specializes in developing advanced search technology aimed at enhancing the e-commerce experience by effectively connecting consumers with products. Founded in 2013 and headquartered in Tel Aviv, Israel, Twiggle employs machine learning and natural language processing to create solutions that mimic a salesperson's understanding of customer intent. The company offers a Semantic API, which integrates seamlessly into existing search engines to improve search logic and deliver more accurate results. Twiggle’s approach combines a deep understanding of linguistic structure with insights into retail behavior, enabling a more intuitive online shopping experience. The firm has garnered support from notable investors, including Alibaba and Naspers, and its board includes seasoned experts from leading tech companies. Twiggle has been recognized as a significant player in the AI space, earning accolades such as being named a Gartner Cool Vendor and ranking among the top 100 AI companies by CB Insights.
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