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

Merav Rotem Naaman

General Partner

Shelly Nice

CFO

Past deals in Israel

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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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