About MindCET
MindCET, an accelerator and incubator program founded in 2012, is based in Yeruham, Israel. With a presence in 8 countries, it has supported around 67 startups in sectors like EdTech, Enterprise Applications. As of Oct 2026, MindCET has witnessed 3 portfolio exits. Most notable companies in
its portfolio include Connecteam, Gloss AI and CodeMonkey. The program is backed by a team of 10 people who primarily support Seed startups based in Israel. Its latest investment was a $10M Seed round in Jotit on Jan 13, 2025, which also saw participation from Owl Ventures and Good Company.
Key Metrics
Founded Year
2012
Location
Yeruham, Israel
Portfolio Companies
Sectors of Investment
Stages of Investment
Grant (prize money) & Seed
Locations of Investment
MindCET's List of Top Investments
MindCET has a portfolio of 67 companies. Their most notable investments include Connecteam and Gloss AI.Their portfolio spans across Israel, United Kingdom, Italy and 5 more locations. They have invested in EdTech, Enterprise Applications, High Tech and 11 other sectors, across stages such as Grant (prize money), Seed stages. Here is the list of top investments by MindCET:1. Connecteam
Connecteam provides a white label solution for organizations to create their mobile employee engagement application. It provides features for managing internal communications, sending out surveys and polls, onboarding new employees, tracking employee productivity as well as a dashboard to monitor employee progress and engagement. It is a tool available on the subscription-based pricing model.
Key facts about Connecteam
- Founded Year: 2014
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $160M
- Employee Count: 536 as on Sep 30, 2026
- Investors: O.G. Tech, Tiger Global Management and 11 Others
- Latest Funding Round: Series C, Mar 02, 2022, $*****
- Highlight: Editors' Pick
2. Gloss AI
AI-based platform for the creation of video highlights. The platform allows users to create short video campaigns. It enables cost minimization, user engagement, and more. It also provides analytics solutions.
Key facts about Gloss AI
- Founded Year: 2021
- Location: Tel Aviv (Israel)
- Stage: Seed
- Total Funding till date: $8M
- Employee Count: 120 as on Jul 31, 2026
- Investors: New Era Capital Partners, Ginossar Ventures and 7 Others
- Latest Funding Round: Seed, Feb 07, 2023, $*****
- Highlight: Editors' Pick
3. CodeMonkey
CodeMonkey is an online platform that provides game-based coding courses for students. It offers various courses which include 'CodeMonkey Jr.', 'Beaver Achiever', 'Challenge Builder', 'Banana Tales', and more. It also provides various tools for curriculum management, automatic grading, professional development, and more. It works on a subscription-based revenue model.
Key facts about CodeMonkey
- Founded Year: 2014
- Location: Palo Alto (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $2M
- Employee Count: 43 as on Sep 30, 2026
- Investors: SVC, Invictus Capital Partners and 3 Others
- Latest Funding Round: Seed, Feb 03, 2017, $*****
- Highlight: Acquired
4. Jotit
Developer of a handwriting and annotation software integrated with LMS platforms. The software allows students to handwrite, draw, and annotate directly on assignments. It integrates with learning management systems, allowing teachers to assign, collect, and review work. The software supports Chromebooks and tablets, providing a distraction-free learning environment.
Key facts about Jotit
- Founded Year: 2021
- Location: Tel Aviv (Israel)
- Stage: Seed
- Total Funding till date: $10M
- Employee Count: 28 as on Aug 31, 2026
- Investors: Owl Ventures, Two Lanterns Venture Partners and 7 Others
- Latest Funding Round: Seed, Jan 13, 2025, $*****
- Highlight: Editors' Pick
5. Cybint
Key facts about Cybint
- Founded Year: 2016
- Location: New York City (United States)
- Stage: Acquired
- Total Funding till date: $7.5M
- Investors: ScaleUp inBrazil, MindCET and 1 Other
- Latest Funding Round: Series A, Dec 23, 2019, $*****
- Highlight: Acquired
MindCET's Year-on-Year Investment Trends
MindCET has invested in 67 companies over the last 13 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in Jotit and most recent follow-on round was in Naraview.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 0 | 0 | 0 |
2021 | 0 | 0 | 0 |
2020 | 1 | 0 | 1 |
2019 | 2 | 0 | 2 |
MindCET's Investments by Stage
MindCET has made 3 investments in Grant (prize money) stage and 3 investments in Seed stage with an average round size of $6.25M.Stage of entry | No. of Investments |
|---|---|
Grant (prize money) | 3 |
Seed | 3 |
Note: We have considered here, only first round of investments
MindCET's Investments by Sector
MindCET has a diverse portfolio, with companies operating in the EdTech and Enterprise Applications. Notably, it has invested in 55 Tech companies, 37 Consumer (B2C) companies, 33 Software companies and at least 29 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
EdTech | 2 |
Enterprise Applications | 1 |
Note: We have considered here, only first round of investments
MindCET's Investments by Geography
MindCET has made most investments in Israel (4), followed by Panama where it has made 1 investment.Country | No. of Investments |
|---|---|
Israel | 4 |
Panama | 1 |
Note: We have considered here, only first round of investments
MindCET's recent investments
MindCET has not made any investment in 2026 so far.Here are the most recent investments by MindCET:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 13, 2025 | Israel | Seed | 4783 | [+7] | |
Feb 07, 2023 | Israel | Seed | 3079 | ||
2020 | Israel | Grant (prize money) | 8188 | - | |
2019 | - | Grant (prize money) | 7038 | - | |
2019 | Panama | Grant (prize money) | 9092 | - |
IPOs and Publicly Listed companies in MindCET's Portfolio
1 of MindCET's portfolio company became public - Ligilo.Here are MindCET's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 5802 |
Acquired companies in MindCET's Portfolio
2 companies from MindCET's portfolio have been acquired. The most recent acquisition was Cybint in Aug 2021 by HackerU for $*****.Here are MindCET's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 04, 2021 | - | - | 7440 | |
Dec 04, 2018 | - | - | 2728 |
Team profile of MindCET
MindCET has a team of 10 members including 5 Partners and 5 Principals located in Israel. MindCET's team does not sit on the board of any company as of now.Here is a list of all team members in MindCET:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Israel | - | ||
Partner | Tel Aviv | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | - | - | ||
Principal | - | - | - | |
Principal | - | - | ||
Principal | - | - | ||
Principal | - | - | ||
Principal | - | - | - |
Co-investors of MindCET
Over the past 13 years, 15 investors have co-invested in MindCET's portfolio companies. This includes funds and angels.
- Top Co-investors of MindCET: 15 investors entered a company along with MindCET. These include investors like New Era Capital Partners (1 company).
Recent News related to MindCET
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Neuromindset closes its first round of financing of €350,000Capital-Riesgo.es•Feb 16, 2024•Neuromindset, University of Granada, Letslaw, BIGBAN and 5 others
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GlossAi Raises $8 Million Seed Round to Accelerate Adoption of its Generative V-Ai Platform for Content Generation at ScaleTechgist Africa•Feb 09, 2023•Gloss AI, New Era Capital Partners, 97212, MindCET and 3 others
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Wikibrains Raises $750,000 To Promote Online Brainstorming | News FlashNoCamels•Sep 18, 2013•WikiBrains, MindCET
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Israeli Startup, WikiBrains, Raises $750K To Help Students Collectively Brainstorm | EdSurge NewsEdSurge•Sep 17, 2013•WikiBrains, MindCET
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