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Mindset Ventures

South America, Sao Paulo, Brazil, São Paulo

Description

Mindset Ventures is a prominent early-stage venture capital firm with a strategic focus on B2B software companies across both the US and Latin American markets. Headquartered in São Paulo, Brazil, and maintaining offices in San Francisco and Miami, the firm primarily invests in Seed and Series A rounds. Their initial check size typically ranges from $200,000 to $1,000,000, reflecting their commitment to providing foundational capital for promising startups.

The firm's investment thesis centers on identifying innovative B2B SaaS solutions with strong potential for disruption and scalability. Mindset Ventures adopts a hands-on approach, leveraging its global presence to facilitate market entry and scaling for its portfolio companies, emphasizing international expansion. They have built a substantial portfolio, having made over 100 investments, and also employ a follow-on strategy to support their portfolio companies in later funding rounds.

Mindset Ventures manages over $100 million in assets under management (AUM) across four distinct funds, demonstrating significant financial capacity. Their latest vehicle, Mindset Ventures IV, successfully closed at $50 million in 2022, reinforcing their ongoing commitment to early-stage technology investments. The firm's impact is tangible, with its portfolio companies collectively raising over $1.7 billion in total funding, highlighting the substantial value and growth potential they identify and nurture. This robust performance is further evidenced by more than 10 successful exits, underscoring their ability to generate returns for their limited partners while contributing to the vibrant tech ecosystem in both the Americas.

Investor Profile

Mindset Ventures has backed more than 64 startups, with 5 new investments in the last 12 months alone. The firm has led 7 rounds, about 11% of its total and boasts 10 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Israel, Germany.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Information Technology.
  • Typical check size: $200K – $1M.

Stage Focus

  • Series A (38%)
  • Seed (27%)
  • Series B (16%)
  • Convertible Note (9%)
  • Series C (6%)
  • Series Unknown (5%)

Country Focus

  • United States (73%)
  • Israel (22%)
  • Germany (2%)
  • Switzerland (2%)
  • Brazil (2%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Information Technology
  • Analytics
  • Machine Learning
  • Agriculture
  • Agtech
  • Farming
  • Health Care
  • Cyber Security
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Mindset Ventures frequently co-invest with?

Gaingels
North America, Vermont, United States, Burlington
Co-Investments: 3
Finistere Ventures
North America, California, United States, San Diego
Co-Investments: 5
UpHonest Capital
North America, California, United States, Palo Alto
Co-Investments: 3
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 8
OurCrowd
Asia, Yerushalayim, Israel, Jerusalem
Co-Investments: 7
Hanaco Venture Capital
Asia, Tel Aviv, Israel, Tel Aviv
Co-Investments: 4
AltaIR Capital
North America, California, United States, San Francisco
Co-Investments: 4
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 7
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 3
StartX (Stanford-StartX Fund)
North America, California, United States, Palo Alto
Co-Investments: 4

Which angels does Mindset Ventures often collaborate with?

AC
North America, California, United States, San Francisco
Shared Deals: 1
SC
North America, California, United States, San Francisco
Shared Deals: 2
AK
North America, California, United States
Shared Deals: 1
Alexander Katalov
Asia, Yerevan, Armenia
Shared Deals: 1
AD
North America, California, United States, Palo Alto
Shared Deals: 2
Eyal Gura
Asia, Israel
Shared Deals: 2
AH
North America, California, United States, San Francisco
Shared Deals: 1
AS
North America, Illinois, United States, Naperville
Shared Deals: 1
GY
Asia, Tel Aviv, Israel
Shared Deals: 2
AD
North America, Florida, United States, Miami
Shared Deals: 1

What are some of recent deals done by Mindset Ventures?

Openlayer

San Francisco, California, United States

Openlayer is an analysis platform that "opens up" machine learning models by detecting and eliminating failure patterns and biases.

Artificial Intelligence (AI)Developer ToolsInformation TechnologyMachine LearningQuality AssuranceSoftware
Series AMay 14, 2025
Amount Raised: $14,500,000
Music AI

Salt Lake City, Utah, United States

Music AI is a software development company that provides artificial intelligence solutions for music and audio technology.

Artificial Intelligence (AI)AudioMusic
Series AJan 22, 2025
Amount Raised: $40,000,000
Apono

New York, New York, United States

pono is a permission management platform designed to automate and simplify the granting of permissions across cloud environments.

Cyber SecurityInformation TechnologySoftware
Series ASep 30, 2024
Amount Raised: $15,500,000
Tamnoon

Sammamish, Washington, United States

Tamnoon offers a managed cloud security remediation platform focused on enhancing cloud security and effectively managing threats.

Artificial Intelligence (AI)Cloud SecurityComputerCyber SecurityNetwork Security
Series ASep 25, 2024
Amount Raised: $12,000,000
deepc

Munich, Bayern, Germany

The AI Operating System for the Future of Radiology

Artificial Intelligence (AI)ConsultingHealth CareMachine LearningMedicalMedical DeviceSoftware
Series AJul 25, 2024
Amount Raised: $13,000,000
Backed Finance

Zürich, Zurich, Switzerland

Backed finance is a developer of tokenized stocks on Ethereum designed to make capital markets.

BlockchainCryptocurrencyFinanceFinTech
Series AApr 30, 2024
Amount Raised: $9,500,000
SeeTree

Tel Aviv, Tel Aviv, Israel

The Intelligence Platform for Tree's

AgricultureAgTechArtificial Intelligence (AI)Computer VisionFarmingForestrySoftware
Series CJan 17, 2024
Amount Raised: $17,500,000
Xyte

Tel Aviv, Tel Aviv, Israel

Xyte offers a hardware-as-a-service solution that allows companies to cloudify, service, support, and commercialize their connected devices.

Cloud Data ServicesHardwareSoftware
Series AJan 16, 2024
Amount Raised: $30,000,000
Articul8

Palo Alto, California, United States

Articul8 operates as a Generative AI enterprise software.

Artificial Intelligence (AI)Software
SeedJan 3, 2024
Base Operations

Washington, District of Columbia, United States

Base Operations is a threat intelligence platform developer that organizes, visualizes, and interprets threat data to help organizations.

AnalyticsBig DataInformation TechnologySecuritySoftware
Series ADec 21, 2023
Amount Raised: $9,100,000