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State of Mind Ventures company logo
Venture Capital
somv.com

Investments

47

Portfolio Exits

3

Funds

4

About State of Mind Ventures

State of Mind Ventures operates as a venture capital firm. It focuses on seed and early growth stage investments in the financial sector. It primarily offers financial support and partnership to innovative teams with ambitious visions, aiding them in team building and accelerating their growth. It was founded in 2014 and is based in Herzliya, Israel.

Headquarters Location

Ha-Menofim Street 1

Herzliya,

Israel

+972 97888000

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Latest State of Mind Ventures News

Rivery Lands $30M Series B

May 25, 2022

The round was led by Tiger Global Management alongside existing investors State Of Mind Ventures and Entree Capital. This financing follows from last year's A round, bringing the total venture capital raised to date to $48 million. Rivery's product-led growth has significantly accelerated since the launch of the Pay As You Go program in December 2021, which is growing at a rate of 50% month over month. This new pricing model complements the existing Self-Service experience plan, which opens the door to any type of company that would like to immediately get started with Rivery. Rivery provides a complete SaaS ELT for organizations that need to scale fast with data, with a solution to build, maintain and automate a modern data stack. Rivery's capacity to orchestrate and unlock data value is built on its ability to democratize the task across business and data teams, making data expertise a company-wide passion, and ultimately driving successful data strategies. The world's leading companies, including Bayer, BuzzFeed, and American Cancer Society and EMAAR trust Rivery with their data. (c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.

State of Mind Ventures Investments

47 Investments

State of Mind Ventures has made 47 investments. Their latest investment was in Rezonate as part of their Seed VC on December 12, 2022.

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State of Mind Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/6/2022

Seed VC

Rezonate

$8.7M

Yes

Flybridge Capital Partners, Merlin Ventures, toDay Ventures, and Undisclosed Angel Investors

8

11/8/2022

Series A

MOV.AI

$8.2M

No

4

10/25/2022

Seed VC

Ask-AI

$9M

Yes

4

8/16/2022

Series D

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$99M

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10

7/5/2022

Seed VC

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$99M

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10

Date

12/6/2022

11/8/2022

10/25/2022

8/16/2022

7/5/2022

Round

Seed VC

Series A

Seed VC

Series D

Seed VC

Company

Rezonate

MOV.AI

Ask-AI

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Amount

$8.7M

$8.2M

$9M

$99M

$99M

New?

Yes

No

Yes

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Co-Investors

Flybridge Capital Partners, Merlin Ventures, toDay Ventures, and Undisclosed Angel Investors

Sources

8

4

4

10

10

State of Mind Ventures Portfolio Exits

3 Portfolio Exits

State of Mind Ventures has 3 portfolio exits. Their latest portfolio exit was Indeni on June 02, 2023.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/2/2023

Acquired

$99M

5

11/29/2022

Acquired

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$99M

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10

5/27/2019

Acquired

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$99M

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10

Date

6/2/2023

11/29/2022

5/27/2019

Exit

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

Acquirer

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Sources

5

10

10

State of Mind Ventures Fund History

4 Fund Histories

State of Mind Ventures has 4 funds, including State of Mind Ventures 4.

Closing Date

Fund

Fund Type

Status

Amount

Sources

8/25/2021

State of Mind Ventures 4

1

8/25/2021

State of Mind Ventures 3

10

7/9/2018

State of Mind Ventures 2

$99M

10

6/6/2016

State of Mind Ventures 1

$99M

10

Closing Date

8/25/2021

8/25/2021

7/9/2018

6/6/2016

Fund

State of Mind Ventures 4

State of Mind Ventures 3

State of Mind Ventures 2

State of Mind Ventures 1

Fund Type

Status

Amount

$99M

$99M

Sources

1

10

10

10

State of Mind Ventures Team

5 Team Members

State of Mind Ventures has 5 team members, including current Managing Partner, Pinhas Buchris.

Name

Work History

Title

Status

Pinhas Buchris

Managing Partner

Current

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Name

Pinhas Buchris

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Work History

Title

Managing Partner

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Status

Current

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