Razor Labs

AI-based Solutions for Industrial Manufacturing Processes

Industrial Technologies
Public on TASE on Feb, 2021<br>

Company Overview

Snapshot

Founded in January 2016 by Raz Roditti and Michael Zolotov, Razor Labs operates with 11–50 employees. The company has raised $36 million across two funding rounds and became public on TASE in February 2021, raising $36 million with a valuation of $151 million.

Business overview

Razor Labs develops neural networks that leverage deep learning for optimizing business processes. The company specializes in transforming industrial machines into smart devices, providing manufacturers across various industries with cost-effective methods for managing supply chains. Its flagship product, DataMind AI, is a cloud-based SaaS platform that integrates with machine sensors to identify and predict malfunctions, optimize manufacturing processes, and minimize energy use and waste, particularly within the mining industry.

Strategic signal

In July 2026, Razor Labs launched DataMind AI™ 5.0, advancing its AI-powered predictive maintenance solutions for the mining industry. This release signals a continuous commitment to innovation and product development, reinforcing the company's leadership in applying advanced AI to heavy industries and indicating potential for enhanced operational efficiency and cost savings for its clients.

Company Intelligence Q&A

What was a significant recent product launch for Razor Labs?
In July 2026, Razor Labs launched DataMind AI™ 5.0, an advanced version of its AI-powered predictive maintenance solution specifically for the mining industry.
Did Razor Labs expand its predictive maintenance coverage in Australia?
In October 2025, Razor Labs announced the launch of its Mobile Fleet AI solution in Australia at IMARC 2025, expanding its predictive maintenance coverage in the region.
Has Razor Labs formed any strategic partnerships recently?
In September 2025, Razor Labs announced a strategic partnership with Process Automation to accelerate AI-driven digital transformation within the South African mining sector.
What was a notable product update for DataMind AI in 2025?
In May 2025, Razor Labs released DataMind AI™ Version 4.1, a major update to its AI-driven predictive maintenance platform.
When did Razor Labs become a publicly traded company?
Razor Labs became the first AI company to be listed on the Tel Aviv Stock Exchange (TASE) in February 2021, raising $36 million in its Initial Public Offering with a valuation of $151 million.

External links