State of Mind Ventures

State of Mind Ventures is a venture capital firm based in Herzliya, Israel, focusing on seed and early-stage technology investments. It backs ambitious founders and early-growth companies operating in artificial intelligence, big data, cyber security, sensors, computer vision, robotics, automotive, aerospace and space, aiming to accelerate product development and scale.

Nir Adler

Co-Founder and General Partner

Pinchas Buchris

General Partner, Founder

Pinhas Buchris

General Partner

Merav Rotem Naaman

Managing Partner

Shelly Nice

CFO

Merav Rotem-Naaman

General Partner

Past deals in Middle East

Pliops

Series D in 2022
Pliops is an Israel-based developer of cloud storage processor technology founded in 2017. The company provides solutions that accelerate storage performance for databases, analytics, and AI/ML workloads in cloud and enterprise data centers. Its flagship Pliops Extreme Data Processor (XDP) is delivered as a compact PCIe card that consolidates multiple storage processing layers into a single ultra-fast device, dramatically increasing throughput, capacity and data efficiency while reducing power consumption and computational load. By simplifying data processing and storage management, Pliops aims to unlock faster access to data and lower infrastructure costs as data growth and modern workloads intensify.

StreamElements

Series B in 2021
StreamElements is a company based in Tel Aviv, Israel, founded in 2016. It specializes in developing a web-based platform tailored for live content creators, offering tools for monetization, audience management, and community growth. The platform allows creators to display unblockable ads, collect donations, and reward viewers with loyalty points. Key features include a stream dashboard, overlay manager, chat statistics, leaderboard, spam filters, and custom stream pages. StreamElements also facilitates revenue generation through viewer purchases using currency earned by watching streams. Additionally, the company provides cloud-based overlays, alerts, chatbots, loyalty programs, sponsorships, and brand-safe moderation services. It supports creators across various platforms like Twitch, YouTube, Twitter, and TikTok, connecting them with brands for performance marketing campaigns.

Veego

Series A in 2021
Veego is an Israeli technology company based in Ramat Gan that specializes in software solutions for resolving errors in Internet of Things (IoT) devices. Utilizing artificial intelligence and machine learning, Veego's platform identifies, analyzes, and autonomously resolves malfunctions in edge devices and gateways, thereby enhancing user experience and minimizing support costs for service providers. Their Home Insight Platform delivers real-time insights into the performance and behavior of connected devices, allowing developers and service organizations to gain a comprehensive understanding of user engagement and internet usage trends. By providing valuable data and insights, Veego enables its customers to improve customer care and optimize user satisfaction while addressing the challenges faced by communications service providers and content providers.

Perception Point

Series B in 2021
Perception Point is a Tel Aviv-based cybersecurity company offering a cloud-based, AI-powered platform that prevents cyber threats across enterprise collaboration channels. The platform supports real-time threat detection and response for email, web, and cloud security, protecting organizations from advanced threats and phishing. It serves industries including finance, healthcare, and education, helping customers safeguard their data and networks against attacks across communication and collaboration tools.

Pliops

Venture Round in 2021
Pliops is an Israel-based developer of cloud storage processor technology founded in 2017. The company provides solutions that accelerate storage performance for databases, analytics, and AI/ML workloads in cloud and enterprise data centers. Its flagship Pliops Extreme Data Processor (XDP) is delivered as a compact PCIe card that consolidates multiple storage processing layers into a single ultra-fast device, dramatically increasing throughput, capacity and data efficiency while reducing power consumption and computational load. By simplifying data processing and storage management, Pliops aims to unlock faster access to data and lower infrastructure costs as data growth and modern workloads intensify.

Veego

Seed Round in 2019
Veego is an Israeli technology company based in Ramat Gan that specializes in software solutions for resolving errors in Internet of Things (IoT) devices. Utilizing artificial intelligence and machine learning, Veego's platform identifies, analyzes, and autonomously resolves malfunctions in edge devices and gateways, thereby enhancing user experience and minimizing support costs for service providers. Their Home Insight Platform delivers real-time insights into the performance and behavior of connected devices, allowing developers and service organizations to gain a comprehensive understanding of user engagement and internet usage trends. By providing valuable data and insights, Veego enables its customers to improve customer care and optimize user satisfaction while addressing the challenges faced by communications service providers and content providers.

Pliops

Series B in 2019
Pliops is an Israel-based developer of cloud storage processor technology founded in 2017. The company provides solutions that accelerate storage performance for databases, analytics, and AI/ML workloads in cloud and enterprise data centers. Its flagship Pliops Extreme Data Processor (XDP) is delivered as a compact PCIe card that consolidates multiple storage processing layers into a single ultra-fast device, dramatically increasing throughput, capacity and data efficiency while reducing power consumption and computational load. By simplifying data processing and storage management, Pliops aims to unlock faster access to data and lower infrastructure costs as data growth and modern workloads intensify.

StreamElements

Series A in 2019
StreamElements is a company based in Tel Aviv, Israel, founded in 2016. It specializes in developing a web-based platform tailored for live content creators, offering tools for monetization, audience management, and community growth. The platform allows creators to display unblockable ads, collect donations, and reward viewers with loyalty points. Key features include a stream dashboard, overlay manager, chat statistics, leaderboard, spam filters, and custom stream pages. StreamElements also facilitates revenue generation through viewer purchases using currency earned by watching streams. Additionally, the company provides cloud-based overlays, alerts, chatbots, loyalty programs, sponsorships, and brand-safe moderation services. It supports creators across various platforms like Twitch, YouTube, Twitter, and TikTok, connecting them with brands for performance marketing campaigns.

Cognigo

Series A in 2018
Cognigo Inc. is a cybersecurity company specializing in enterprise data security services, founded in 2016 and based in Jersey City, New Jersey, with a research and development center in Tel Aviv, Israel. Its flagship product, DataSense, leverages artificial intelligence and machine learning to monitor, classify, and protect sensitive data across various platforms, including cloud environments and on-premises networks. DataSense provides insights into data vulnerabilities and ensures compliance with regulations such as GDPR by enforcing security policies and facilitating real-time responses to internal and external threats. The platform also offers features such as agent-less visualizations of sensitive data assets, access auditing, and document mapping, thereby supporting organizations in maintaining data security and demonstrating compliance effectively.

KanduAI

Seed Round in 2018
KanduAI is a technology company based in Tel Aviv, Israel, founded in 2018. It specializes in the development of an artificial intelligence computing platform that incorporates a machine learning inference engine designed for mobile and embedded devices. KanduAI aims to bring artificial intelligence to everyday applications, specifically targeting sectors such as retail, banking, malls, and hospitals. The company's platform utilizes an edge-optimized machine learning training and inference engine, offering advanced computer vision technology that enables clients to enhance their marketing strategies, user engagement, and understanding of audience behavior.

Perception Point

Series A in 2018
Perception Point is a Tel Aviv-based cybersecurity company offering a cloud-based, AI-powered platform that prevents cyber threats across enterprise collaboration channels. The platform supports real-time threat detection and response for email, web, and cloud security, protecting organizations from advanced threats and phishing. It serves industries including finance, healthcare, and education, helping customers safeguard their data and networks against attacks across communication and collaboration tools.

Pliops

Series A in 2017
Pliops is an Israel-based developer of cloud storage processor technology founded in 2017. The company provides solutions that accelerate storage performance for databases, analytics, and AI/ML workloads in cloud and enterprise data centers. Its flagship Pliops Extreme Data Processor (XDP) is delivered as a compact PCIe card that consolidates multiple storage processing layers into a single ultra-fast device, dramatically increasing throughput, capacity and data efficiency while reducing power consumption and computational load. By simplifying data processing and storage management, Pliops aims to unlock faster access to data and lower infrastructure costs as data growth and modern workloads intensify.

Twiggle

Series B in 2017
Twiggle Ltd. is a technology company specializing in enhancing the e-commerce search experience through advanced machine learning and natural language processing. Founded in 2013 and headquartered in Tel Aviv, Israel, with an additional office in New York, Twiggle develops a search engine technology that mimics a salesperson's ability to understand customer intent. Its Semantic API integrates seamlessly into existing search engines, providing a natural language layer that improves search logic and delivers more accurate product results to shoppers. By leveraging a deep understanding of linguistic structure and retail dynamics, Twiggle aims to replicate the in-store shopping experience online, enabling retailers to connect customers with the products they seek more effectively. The company has garnered recognition as a Gartner Cool Vendor and has been ranked among the top 100 AI companies by CB Insights. Twiggle's leadership includes experienced professionals from major tech companies, reinforcing its expertise in the field.

StreamElements

Seed Round in 2017
StreamElements is a company based in Tel Aviv, Israel, founded in 2016. It specializes in developing a web-based platform tailored for live content creators, offering tools for monetization, audience management, and community growth. The platform allows creators to display unblockable ads, collect donations, and reward viewers with loyalty points. Key features include a stream dashboard, overlay manager, chat statistics, leaderboard, spam filters, and custom stream pages. StreamElements also facilitates revenue generation through viewer purchases using currency earned by watching streams. Additionally, the company provides cloud-based overlays, alerts, chatbots, loyalty programs, sponsorships, and brand-safe moderation services. It supports creators across various platforms like Twitch, YouTube, Twitter, and TikTok, connecting them with brands for performance marketing campaigns.

Cognigo

Seed Round in 2016
Cognigo Inc. is a cybersecurity company specializing in enterprise data security services, founded in 2016 and based in Jersey City, New Jersey, with a research and development center in Tel Aviv, Israel. Its flagship product, DataSense, leverages artificial intelligence and machine learning to monitor, classify, and protect sensitive data across various platforms, including cloud environments and on-premises networks. DataSense provides insights into data vulnerabilities and ensures compliance with regulations such as GDPR by enforcing security policies and facilitating real-time responses to internal and external threats. The platform also offers features such as agent-less visualizations of sensitive data assets, access auditing, and document mapping, thereby supporting organizations in maintaining data security and demonstrating compliance effectively.

Twiggle

Series A in 2016
Twiggle Ltd. is a technology company specializing in enhancing the e-commerce search experience through advanced machine learning and natural language processing. Founded in 2013 and headquartered in Tel Aviv, Israel, with an additional office in New York, Twiggle develops a search engine technology that mimics a salesperson's ability to understand customer intent. Its Semantic API integrates seamlessly into existing search engines, providing a natural language layer that improves search logic and delivers more accurate product results to shoppers. By leveraging a deep understanding of linguistic structure and retail dynamics, Twiggle aims to replicate the in-store shopping experience online, enabling retailers to connect customers with the products they seek more effectively. The company has garnered recognition as a Gartner Cool Vendor and has been ranked among the top 100 AI companies by CB Insights. Twiggle's leadership includes experienced professionals from major tech companies, reinforcing its expertise in the field.

Perception Point

Seed Round in 2015
Perception Point is a Tel Aviv-based cybersecurity company offering a cloud-based, AI-powered platform that prevents cyber threats across enterprise collaboration channels. The platform supports real-time threat detection and response for email, web, and cloud security, protecting organizations from advanced threats and phishing. It serves industries including finance, healthcare, and education, helping customers safeguard their data and networks against attacks across communication and collaboration tools.

Twiggle

Seed Round in 2014
Twiggle Ltd. is a technology company specializing in enhancing the e-commerce search experience through advanced machine learning and natural language processing. Founded in 2013 and headquartered in Tel Aviv, Israel, with an additional office in New York, Twiggle develops a search engine technology that mimics a salesperson's ability to understand customer intent. Its Semantic API integrates seamlessly into existing search engines, providing a natural language layer that improves search logic and delivers more accurate product results to shoppers. By leveraging a deep understanding of linguistic structure and retail dynamics, Twiggle aims to replicate the in-store shopping experience online, enabling retailers to connect customers with the products they seek more effectively. The company has garnered recognition as a Gartner Cool Vendor and has been ranked among the top 100 AI companies by CB Insights. Twiggle's leadership includes experienced professionals from major tech companies, reinforcing its expertise in the field.
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