About Mindset Ventures
Mindset Ventures is a venture capital firm founded in 2016. It is primarily based out of Mountain View, United States. As of Sep 2026, Mindset Ventures is an active investor, having invested in 74 companies, with 7 new investments in the last 12 months. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series A round of Lasso Overall, Mindset Ventures portfolio has seen 3 unicorns and 14 acquisitions including key companies like Brex, Angle and Turing. A lot of funds co-invest with Mindset Ventures, with names like iAngels sharing a substantial percentage of its portfolio. Mindset Ventures has team of 11 people including 6 partners.Key Metrics
Mindset Ventures' List of Top Investments
Mindset Ventures has a portfolio of 74 companies, including 3 unicorns. Their most notable investments are in FunnelBeam and Plexuss.Their portfolio spans across United States, Israel, United Kingdom and 6 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 21 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by Mindset Ventures:1. Brex
Provider of financial software platform, cards, banking, expense, and accounting. The platform offers tools for corporate cards, expense management, travel, bill pay, banking, and treasury services. It provides solutions for startups, mid-size companies, and enterprises. The platform includes features for spend control, expense automation, vendor payments, and accounting automation.
Key facts about Brex
- Founded Year: 2017
- Location: San Francisco (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.2B
- Employee Count: 5,158 as on Aug 31, 2026
- Investors: Owl Rock, Baillie Gifford and 70 Others
- Latest Funding Round: Conventional Debt, Jan 13, 2025, $*****
- Highlight: Acquired
2. Rain
Key facts about Rain
- Founded Year: 2002
- Location: Venice (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $164M
- Employee Count: 363 as on Aug 31, 2026
- Investors: QED Investors, Prosus and 31 Others
- Latest Funding Round: Series B, Apr 08, 2025, $*****
3. Angle
Provider of technology-enabled health insurance plans for employers and employees. The company offers employers options for their employees while streamlining administration. It integrates with various payroll, HRIS, and benefit administration platforms. The company delivers personalized messaging based on condition and plan to improve access to care.
Key facts about Angle
- Founded Year: 2019
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $796M
- Employee Count: 135 as on Aug 31, 2026
- Investors: Vitruvian Partners, Mighty Capital and 20 Others
- Latest Funding Round: Series C, Sep 18, 2026, $*****
- Highlight: Editors' Pick
4. Hyro
Provider of an AI-based conversational platform. It automate tasks such as patient record identification, scheduling management, and prescription support, using Epic's advanced APIs.
Key facts about Hyro
- Founded Year: 2014
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $115M
- Employee Count: 192 as on Aug 31, 2026
- Investors: ServiceNow, Spider Capital and 16 Others
- Latest Funding Round: Series C, Oct 21, 2025, $*****
- Highlight: Editors' Pick
5. Turing
Provider of talent as a service for on demand software development solutions. The website employs AI algorithms to help companies find and interact with candidates for job openings. The program uses deep developer profiles that offer details about the abilities, background, and output of developers. It offers LLM evaluation, LLM factuality, custom engineering, and more.
Key facts about Turing
- Founded Year: 2018
- Location: Palo Alto (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $247M
- Employee Count: 7,117 as on Aug 31, 2026
- Investors: WestBridge Capital, Khazanah Nasional Berhad and 49 Others
- Latest Funding Round: Series E, Mar 06, 2025, $*****
- Highlight: Editors' Pick
Mindset Ventures' Year-on-Year Investment Trends
Mindset Ventures has invested in 74 companies over the last 10 years, with an average of 6 new investments annually in the last 10 years. In 2025, it made 5 investments, while as of Sep 2026, it has made 4 investments in this year. Its most recent first time investment was in Lasso and most recent follow-on round was in Backed.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 0 | 4 |
2025 | 5 | 0 | 5 |
2024 | 4 | 2 | 6 |
2023 | 1 | 2 | 3 |
2022 | 5 | 5 | 10 |
2021 | 6 | 1 | 7 |
2020 | 7 | 3 | 10 |
2019 | 4 | 3 | 7 |
2018 | 5 | 2 | 7 |
2017 | 13 | 0 | 13 |
Mindset Ventures' Investments by Stage
Mindset Ventures has made 29 investments in Series A stage with an average round size of $16M, 19 investments in Seed stage with an average round size of $3.29M, 8 investments in Series B stage with an average round size of $20.5M and 1 investment in Series C stage with an average round size of $125M.Stage of entry | No. of Investments |
|---|---|
Series A | 29 |
Seed | 19 |
Series B | 8 |
Series C | 1 |
Note: We have considered here, only first round of investments
Mindset Ventures' Investments by Sector
Mindset Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, FinTech, Vertical SaaS and Consumer. Notably, it has invested in 70 Tech companies, 65 Enterprise (B2B) companies, 50 Software companies and at least 31 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 41 |
High Tech | 18 |
FinTech | 13 |
Vertical SaaS | 11 |
Consumer | 8 |
Others | 70 |
Note: We have considered here, only first round of investments
Mindset Ventures' Investments by Geography
Mindset Ventures has made most investments in United States (37), followed by Israel where it has made 13 investments.Country | No. of Investments |
|---|---|
United States | 37 |
Israel | 13 |
United Kingdom | 2 |
Argentina | 1 |
Brazil | 1 |
Others | 4 |
Note: We have considered here, only first round of investments
Mindset Ventures' recent investments
Mindset Ventures has made 4 investments in 2026 so far. Lasso and Alta are the latest among them.Here are the most recent investments by Mindset Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 02, 2026 | Israel | Series A | 9579 | [+4] | |
Jul 08, 2026 | Israel | Series A | 4525 | [+5] | |
Apr 29, 2026 | Argentina | Series A | 7716 | [+3] | |
Feb 18, 2026 | United Kingdom | Seed | 9752 | [+2] | |
Nov 25, 2025 | United States | Series A | 8669 |
Unicorns in Mindset Ventures' Portfolio
Mindset Ventures has 3 unicorns in its portfolio - Angle, Semperis and Turing. The most recent unicorn in their portfolio is Angle. It became a unicorn in 2026, 3 years after Mindset Ventures first invested in it.Here is a list of unicorns in Mindset Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Provider of technology-enabled health insurance plans for employers and employees | 2019 | San Francisco | Series C | ramplgi | ||
66 | Provider of Active Directory and Entra ID security and recovery solutions | 2013 | Hoboken | Series C | cfntrdh | ||
70 | Provider of talent as a service for on demand software development solutions | 2018 | Palo Alto | Series E | {mhjhnp |
Acquired companies in Mindset Ventures' Portfolio
14 companies from Mindset Ventures' portfolio have been acquired. The most recent acquisition was Apono in Jun 2026 by 1Password for $*****.Here are Mindset Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 15, 2026 | Oct 01, 2024 | Series A | 9260 | |
Feb 23, 2026 | Jun 03, 2020 | Series A | 9349 | |
Jan 22, 2026 | Oct 05, 2018 | Series C | 7858 | |
Dec 02, 2025 | Apr 04, 2022 | Seed | 1968 | |
Jun 30, 2025 | Jun 28, 2022 | Series A | 5168 |
Team profile of Mindset Ventures
Mindset Ventures has a team of 11 members including 6 Partners and 2 Principals located in Brazil, United States and 1 more location. Mindset Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Mindset Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Israel | - | ||
Partner | Sao Paulo | - | ||
Partner | Brazil | - | ||
Partner | Brazil | - | - | |
Partner | Brazil | - | - | |
Partner | Palo Alto | - | - | |
Principal | Brazil | - | ||
Principal | Brazil | - | - |
Co-investors of Mindset Ventures
Over the past 10 years, 495 investors have co-invested in Mindset Ventures's portfolio companies. This includes funds and angels.
- Invested before Mindset Ventures: Y Combinator, Liquid 2 Ventures and 166 others have invested in rounds before Mindset Ventures. There are 5 companies where Y Combinator has invested before Mindset Ventures and 3 companies where Liquid 2 Ventures has invested before Mindset Ventures.
- Top Co-investors of Mindset Ventures: 166 investors entered a company along with Mindset Ventures. These include investors like iAngels (3 companies).
- Invested after Mindset Ventures: A total of 161 investors have invested in Mindset Ventures's portfolio after their investments. Top Investors include OurCrowd (3 companies), Macquarie (2 companies) and Sozo Ventures (2 companies).
Recent News related to Mindset Ventures
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Lasso Security Raises $30 Million Series A to Power AI Guardrails Without GPUsVentureburn•Sep 03, 2026•Lasso, ClearSky, iAngels, Entree Capital and 3 others
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Alta Raises $25M Series A to Expand AI Go-to-Market PlatformThe SaaS News•Jul 09, 2026•IN Venture, Alta, Sumitomo, Verissimo Ventures and 4 others
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Fintech belo raises USD 14 million to expand in Latin AmericaEbankingnews.com•Apr 29, 2026•belo, Tether, Tether, Titan and 4 others
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Mogul raises $5M to help artists track lost royaltiesTechCrunch+•Feb 24, 2026•Yamaha Music Innovations, Mogul, Mindset Ventures
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xAI nearing $15B funding round at a potential $230B pre-money valuationMobileWorldLive•Nov 26, 2025•xAI, Meta, Anthropic, OpenAI and 10 others
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Uncle Arnie’s Raises $7.5M in Series A FundingFinSMEs•Aug 13, 2025•Uncle Arnies, Mindset Capital, Delta Emerald Ventures, Boston Beer and 2 others
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Openlayer raises $14.5M Series A to scale AI governance platform
LatamList•May 17, 2025•Openlayer, Race Capital, NXTP Ventures, Mindset Ventures and 5 others
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Openlayer Raises $14.5 Million Series A to Help Enterprises Scale AI with ConfidenceTMC•May 14, 2025•Openlayer, Race Capital, NXTP Ventures, KPN Ventures and 4 others
