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The Venture Codex

State of Mind Ventures

Medinat Ha-Yehudim 85, Building G 7th floor, Herzliya, Israel

Overview

About State of Mind Ventures State of Mind Ventures is a seed and early growth stage venture capital fund, focusing on the people that drive our world forward. We are looking for founders that are daring, hungry, and have big ambitions. We look to partner early with innovative teams of over-achievers, and be there with them, as they shape their vision, build their teams and accelerate to hyper-growth. So we believe our role is simple. It is to find and empower the founders of the future.

Total investments
31
Lead investments
8
Investments · 12mo
1
Active investors
6

Sector focus

  • Finance
  • Venture Capital
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Investment portfolio

  • Localbird

    Participated · Seed · Nov 2025

    Founded in 2023 by brothers Ben and Joseph Levy, Israeli travel-tech startup Localbird offers property managers a white-label digital concierge trained on local data, property details, guest preferences and host knowledge. The platform autonomously recommends, books and adjusts activities, handing complex requests to human concierges to ensure service quality. Localbird generates revenue by sharing commissions on every guest booking and reports that partners already earn several hundred dollars in incremental monthly income. The company is live in 45 destinations across the U.S. and Latin America, connected to more than 10,000 properties and 1,000 vetted local suppliers. Management cites a four-fold year-over-year growth rate, achieved while operating under wartime constraints and focusing on cash flow and customer revenue. Localbird currently employs about 30 staff split between Israel and Latin America and plans to double headcount across product, engineering, marketing, finance and sales by 2026. The newly secured funding will fuel deeper expansion in its existing regions and further product development of its AI-human concierge stack.

  • EKORE

    Participated · Seed · Dec 2024

    EKORE builds a cloud-based digital twin platform that integrates data and 3D BIM models into a single, centralized solution, described as a ‘digital brain’ for buildings. The platform feeds collected data into AI-driven algorithms to reduce energy consumption, detect anomalies, and cut carbon emissions. EKORE positions its technology for real estate portfolio management and smarter building and city management. The startup emphasizes sustainability and operational optimization through predictive analysis and performance monitoring. The company recently closed a €1.3M Seed funding round to support product development, team expansion, and commercial growth.

  • Atlas Invest

    Participated · Equity · Dec 2024

    Atlas Invest operates as a commercial real-estate bridge-lending platform that blends human underwriting expertise with proprietary AI and a fully integrated infrastructure stack. Its technology streamlines the entire loan process for borrowers seeking short-term financing on properties in prime U.S. markets. On the capital side, the platform opens the asset class to institutional and accredited investors, packaging the loans into income-producing portfolios secured by real-estate collateral. The company is led by co-founders Tal Shahar (CEO), Roni Peled (Chairman), and Nir Peled (CRO). Atlas Invest positions itself as both a tech provider and direct lender, aiming to scale originations and investor participation simultaneously. With fresh institutional capital, management plans to accelerate operational expansion and support the next growth phase for its borrowers and investors. No operating metrics such as loan volume, revenue, or user counts were disclosed in the article.

  • MOTORMIA

    Participated · Equity · Oct 2024

    Motormia provides Mia, a consumer AI experience that personalizes the connection between automotive enthusiasts and their vehicles by curating recommendations and planning product upgrades. Users add vehicles to the platform, set build and performance goals, and receive adjustable recommendations based on their mechanical experience. Mia supports interactive requests—favorites, brand searches, further suggestions—and lets users save planned upgrades and share modifications and progress with friends and other users. The company says it will use the new funding to expand operations and accelerate development efforts. Motormia was founded by Isaac Bunick in January 2023 and is based in Scottsdale, AZ. The article does not disclose revenue or user metrics.

  • Ask-AI

    Participated · Series A · Jan 2024

    Ask-AI provides a generative AI answers and insights solution that connects to more than 50 enterprise work systems, ingesting, analyzing and understanding enterprise knowledge. It integrates that knowledge into employees' workflows to boost productivity and support use cases across customer support, success, product, R&D and sales. The platform connects to systems such as Salesforce, Zendesk, Confluence, Jira, Slack, Google Drive and Teams. Customers include Monday.com, Callrail, Yotpo, HiBob, Own and Instawork. The company is led by founder and CEO Alon Talmor and currently has a 40-person team across Tel Aviv and Toronto, with plans to double headcount over the next 12 months. Ask-AI intends to use the new funding to expand operations and accelerate product development. Ask-AI combines artificial intelligence and natural language processing to analyze long texts, summarize them into single-sentence answers, and surface recurring questions and insights across an organization. The platform ingests internal and customer communication sources — including Slack, emails, chats, databases and monitored call-center recordings — to provide business, process and product answers. When it cannot find answers, the system uses those questions to learn and help drive knowledge creation, effectively becoming a central organizational knowledge base. Ask-AI operates on a SaaS model and counts Ownbackup, Yotpo, Armis, Coralogix, Claroty and WalkMe among its customers and design partners. Led by CEO Alon Talmor, the team also includes Prof. Jonathan Berant, Dafna Lavran and Eyal Medar. The company plans to use the new funding to accelerate growth and expand operations and business reach.

Team

  • Yuval Baharav

    General Partner, Founder

    LinkedIn
  • Pinchas Buchris

    General Partner, Founder

    LinkedIn
  • Shelly Nice

    CFO

  • Nir Adler

    General Partner

    LinkedIn