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Cursor for AI Agents
Minded has raised $33.5M across 4 funding rounds.
Minded was founded in 2023 by Nadav Zamir (Founder) and Ohad Navon (Founder).
Minded has raised $33.5M in total across 4 funding rounds.
Generate AI agents with plain English, edit visually, customize with code in your own IDE. Currently automating millions of tasks across support, sales, finance and more for companies like eToro, Payoneer and JustEat.
Minded was founded in 2023 by Nadav Zamir (Founder) and Ohad Navon (Founder).
Minded has raised $33.5M in total across 4 funding rounds.
Minded's investors include Y Combinator, Gaingels, Link Ventures, SALT Fund, Streamlined Ventures, The Fund, Tiger Global, Trousdale Ventures, Unicorn Ventures, Richard Park, MD, Sheila Marcelo, Andreessen Horowitz.
Key people at Minded.
Minded is an AI startup founded in 2023 in Tel Aviv, Israel, that builds Octo, a "cursor for AI agents" designed to automate and significantly improve customer support workflows. Octo serves support teams at large enterprises, including top Amazon brands and fintech unicorns, by replacing up to 70% of their human support agents through AI-driven automation. The product integrates with CRM systems, help center articles, and internal APIs to create human-level AI agents capable of handling complex support tickets with high accuracy, reducing the need for human escalation. This addresses the common problem of inefficient, costly, and low-performing customer support bots that fail to resolve most tickets. Octo's growth is fueled by its ability to drastically improve support efficiency and accuracy, leveraging the founders' deep AI expertise[1].
Minded was founded in 2023 by Ohad Navon and Nadav Zamir. Nadav brings significant AI experience as a former Director of AI at Alibaba, where he built large language models (LLMs) used by millions daily. Ohad previously launched an AI support chatbot that helped Roundforest reach $1 billion in gross merchandise volume (GMV). The idea for Octo emerged from conversations with over 100 support teams who struggled to build effective bots and often escalated simple issues to humans. Early traction came from demonstrating Octo’s ability to solve a much higher percentage of tickets than existing solutions, which often required months of development for minimal results[1].
Minded rides the wave of AI automation in customer support, a sector ripe for disruption due to the high costs and inefficiencies of traditional support models. The timing is critical as advances in large language models and AI reasoning enable more autonomous, accurate agents that can handle complex tasks without human intervention. This trend aligns with broader enterprise adoption of AI to reduce costs and improve service quality. By enabling support teams to automate up to 70% of their workload, Minded influences the startup ecosystem by setting new standards for AI-driven customer service and pushing competitors to innovate in AI agent capabilities[1].
Minded is well-positioned to capitalize on the growing demand for AI-powered support automation. As AI models continue to improve, Octo’s ability to handle increasingly complex support scenarios will likely expand, potentially replacing even more human agents. The company’s deep integration capabilities and founders’ AI pedigree suggest strong growth momentum. Future trends shaping their journey include the rise of autonomous AI agents across enterprise functions and increasing expectations for seamless, high-quality customer experiences. Minded’s influence may extend beyond support into broader AI agent applications, reinforcing the shift toward AI-first enterprise operations[1].
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While the query mentions "Cursor for AI Agents," it is important to distinguish Minded's Octo from Cursor by Anysphere, another AI agent platform focused on coding and software development automation. Cursor, founded earlier and with a much larger scale (300+ employees, $29.3B valuation), builds AI coding agents that autonomously write and fix code, serving millions of developers and Fortune 500 companies. Cursor’s product differentiators include a web app and Slack integration for managing AI coding agents, enabling users to assign coding tasks in natural language and monitor progress seamlessly. Cursor is part of the broader trend of AI agents transforming software engineering workflows, expected to handle a significant portion of developers’ work by 2026[2][3][4][5].
This distinction clarifies that Minded’s Octo targets customer support automation, whereas Cursor targets AI-assisted software development. Both are part of the emerging AI agent ecosystem but serve different markets and problems.
Minded has raised $33.5M across 4 funding rounds. Most recently, it raised $500K Seed in August 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2023 | $500K Seed | Y Combinator | |
| Feb 22, 2022 | $25.0M Seed | Gaingels, Link Ventures, SALT Fund, Streamlined Ventures, The Fund, Tiger Global, Trousdale Ventures, Unicorn Ventures | |
| Mar 17, 2021 | $5.0M Other Equity | Richard Park, MD, Sheila Marcelo, Link Ventures, Streamlined Ventures | |
| Mar 1, 2020 | $3.0M Seed | Andreessen Horowitz, Bora&Sons, Founders Fund, Gaingels, Great Oaks Venture Capital, Hitachi Ventures, Softbank Group, Streamlined Ventures, SV Angel, Trajectory Ventures, UpHonest Capital, Walden Catalyst Ventures, Y Combinator, Jeff Bezos, Paul Graham, Richard Branson, Sam Altman |