State of Mind Ventures

State of Mind Ventures is an early-stage venture capital firm based in Herzliya, Israel, founded in 2015. The firm specializes in investing in innovative, technology-driven startups across various sectors, including artificial intelligence, cybersecurity, cloud computing, big data, computer vision, robotics, and aerospace. State of Mind Ventures aims to partner with ambitious founders and teams, providing support as they develop their visions and navigate the challenges of building successful companies. Over its years of operation, the firm has managed two investment funds, facilitating 28 investments in promising startups and achieving one exit. The firm also considers investment opportunities in Israel, reinforcing its commitment to shaping the future through technology.

Nir Adler

Partner

Yuval Baharav

General Partner

Pinhas Buchris

General Partner

Pinchas Buchris

General Partner, Founder

Omer Dahan

Associate

Merav Rotem Naaman

General Partner

Shelly Nice

CFO

Dana Ferder Sapani

Director

Past deals in Western Asia

Pliops

Series D in 2022
Pliops was founded in 2017 by flash storage industry veterans from Samsung, M-Systems and XtremIO. Pliops is creating a new category of product that enables cloud and enterprise data centers to access data up to 50X faster with 1/10th of the computational load and power consumption. Its technology collapses multiple inefficient layers into one ultra-fast device based on a groundbreaking patent-pending approach. Pliops' solution solves the scalability challenges raised by the cloud data explosion and the increasing data requirements of AI and ML 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.

StreamElements

Series B in 2021
StreamElements is a web-based platform that provides live content creators with essential tools for monetization, audience management, and community growth. Founded in 2016 and based in Tel Aviv, Israel, the company offers features such as a stream dashboard, overlay manager, loyalty system, chat statistics, and customizable stream pages. StreamElements enables creators to present ads that cannot be blocked, collect donations, and reward viewers with loyalty points that can be used to purchase items. The platform supports over 40,000 channels on Twitch and has recently expanded its services to YouTube, helping streamers enhance their production value, track performance, and generate revenue effectively.

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 makes it easy to plan, design and host live video that puts attendee-engagement front and center. Users can create an amazing live video experience by using one of its beautiful, customizable templates (or creating one from scratch), importing their own decks and media assets, or selecting from their library of images, HD videos, and music.

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 was founded in 2017 by flash storage industry veterans from Samsung, M-Systems and XtremIO. Pliops is creating a new category of product that enables cloud and enterprise data centers to access data up to 50X faster with 1/10th of the computational load and power consumption. Its technology collapses multiple inefficient layers into one ultra-fast device based on a groundbreaking patent-pending approach. Pliops' solution solves the scalability challenges raised by the cloud data explosion and the increasing data requirements of AI and ML 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 makes your business too difficult to breach.

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.

Pliops

Series B in 2019
Pliops was founded in 2017 by flash storage industry veterans from Samsung, M-Systems and XtremIO. Pliops is creating a new category of product that enables cloud and enterprise data centers to access data up to 50X faster with 1/10th of the computational load and power consumption. Its technology collapses multiple inefficient layers into one ultra-fast device based on a groundbreaking patent-pending approach. Pliops' solution solves the scalability challenges raised by the cloud data explosion and the increasing data requirements of AI and ML applications.

StreamElements

Series A in 2019
StreamElements is a web-based platform that provides live content creators with essential tools for monetization, audience management, and community growth. Founded in 2016 and based in Tel Aviv, Israel, the company offers features such as a stream dashboard, overlay manager, loyalty system, chat statistics, and customizable stream pages. StreamElements enables creators to present ads that cannot be blocked, collect donations, and reward viewers with loyalty points that can be used to purchase items. The platform supports over 40,000 channels on Twitch and has recently expanded its services to YouTube, helping streamers enhance their production value, track performance, and generate revenue effectively.

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 was founded in 2017 by flash storage industry veterans from Samsung, M-Systems and XtremIO. Pliops is creating a new category of product that enables cloud and enterprise data centers to access data up to 50X faster with 1/10th of the computational load and power consumption. Its technology collapses multiple inefficient layers into one ultra-fast device based on a groundbreaking patent-pending approach. Pliops' solution solves the scalability challenges raised by the cloud data explosion and the increasing data requirements of AI and ML applications.

Twiggle

Series B in 2017
Twiggle Ltd. develops a search technology that allows a search engine mimic a salesperson. It offers a natural language analyzer that uses natural language processing to extract linguistic intent from customer queries and a universal product ontology for product search. The company provides Twiggle's Semantic API, a plug-and-play semantic search application programming interface (API) that integrates into existing search engines and provides a natural language layer that allows search engineers and data scientists to enhance search logic and present results to shoppers. Twiggle Ltd. was founded in 2013 and is headquartered in Tel Aviv, Israel with an additional office in New York, New York.

StreamElements

Seed Round in 2017
StreamElements is a web-based platform that provides live content creators with essential tools for monetization, audience management, and community growth. Founded in 2016 and based in Tel Aviv, Israel, the company offers features such as a stream dashboard, overlay manager, loyalty system, chat statistics, and customizable stream pages. StreamElements enables creators to present ads that cannot be blocked, collect donations, and reward viewers with loyalty points that can be used to purchase items. The platform supports over 40,000 channels on Twitch and has recently expanded its services to YouTube, helping streamers enhance their production value, track performance, and generate revenue effectively.

Twiggle

Series A in 2016
Twiggle Ltd. develops a search technology that allows a search engine mimic a salesperson. It offers a natural language analyzer that uses natural language processing to extract linguistic intent from customer queries and a universal product ontology for product search. The company provides Twiggle's Semantic API, a plug-and-play semantic search application programming interface (API) that integrates into existing search engines and provides a natural language layer that allows search engineers and data scientists to enhance search logic and present results to shoppers. Twiggle Ltd. was founded in 2013 and is headquartered in Tel Aviv, Israel with an additional office in New York, New York.

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. develops a search technology that allows a search engine mimic a salesperson. It offers a natural language analyzer that uses natural language processing to extract linguistic intent from customer queries and a universal product ontology for product search. The company provides Twiggle's Semantic API, a plug-and-play semantic search application programming interface (API) that integrates into existing search engines and provides a natural language layer that allows search engineers and data scientists to enhance search logic and present results to shoppers. Twiggle Ltd. was founded in 2013 and is headquartered in Tel Aviv, Israel with an additional office in New York, New York.