About Mindspace
Mindspace is a company based in Tel Aviv (Israel) founded in 2013 by Dan Zakai, Shai Fogel, and Yotam Alroy.. Mindspace has raised $107 million across 4 funding rounds from investors including Globalworth, Harel Group and Mor Investment House. Mindspace has completed 1 acquisition, including Kleinkantoor. Mindspace operates in a competitive market with competitors including WeWork, Industrious, Convene, Bruntwood and Selina, among others.
- Headquarter Tel Aviv, Israel
- Founders Dan Zakai, Shai Fogel, Yotam Alroy
- Stage Minicorn
-
Sectors
Real Estate & Construction
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$107 M (USD)
in 4 rounds
-
Latest Funding Round
$72 M (USD), Series C
Nov 24, 2021
-
Investors
Globalworth
& 7 more
-
Employee Count
Employee Count
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Mindspace
Mindspace has successfully raised a total of $107M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $72 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $72.0M
- First Round First Round
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series C - Mindspace | Valuation | Harel Group , Mor Investment House | |
| Dec, 2017 | Amount | Series B - Mindspace | Valuation |
investors |
|
| Jan, 2017 | Amount | Series A - Mindspace | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mindspace
Mindspace has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Globalworth, Harel Group and Mor Investment House. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Long-short strategy hedge fund and venture capital firm investing in tech companies
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Financial services are provided in investment and insurance sectors.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Mindspace
Mindspace has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Kleinkantoor. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Small office solutions are provided through kleinkantoor.com.
|
0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Mindspace
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mindspace Comparisons
Competitors of Mindspace
Mindspace operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as WeWork, Industrious, Convene, Bruntwood and Selina, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Flexible office and coworking spaces are provided by WeWork globally.
|
|
| domain | founded_year | HQ Location |
Flexible workspace solutions are provided for teams and individuals.
|
|
| domain | founded_year | HQ Location |
Managed co-working spaces with conference rooms and amenities are offered.
|
|
| domain | founded_year | HQ Location |
Real estate development and management are conducted for commercial properties.
|
|
| domain | founded_year | HQ Location |
Online platform for booking hostel accommodation and co-working spaces for travelers
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Mindspace
Frequently Asked Questions about Mindspace
When was Mindspace founded?
Mindspace was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Mindspace located?
Mindspace is headquartered in Tel Aviv, Israel.
Who is the current CEO of Mindspace?
Dan Zakai is the current CEO of Mindspace. They have also founded this company.
Is Mindspace a funded company?
Mindspace is a funded company, having raised a total of $107M across 4 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Dec 19, 2016.
What does Mindspace do?
Mindspace was founded in 2013 in Tel Aviv, Israel, as a provider of managed co-working spaces. A platform is operated to allow users to locate personalized workspaces. Landlords are enabled to host and share properties, from which earnings can be generated. Operations focus on the real estate and co-working sector, with services extending to property management and space allocation across various locations.
Who are the top competitors of Mindspace?
Mindspace's top competitors include WeWork, Convene and Industrious.
How many acquisitions has Mindspace made?
Mindspace has made 1 acquisition, including Kleinkantoor.
Who are Mindspace's investors?
Mindspace has 8 investors. Key investors include Globalworth, Harel Group, Mor Investment House, Crossroads Real Estate, and Shalom Meckenzie.
What is Mindspace's valuation?
The valuation of Mindspace is $250M as of Nov 2021.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.