Razor Labs

Company Overview

Snapshot

Founded in January 2016 by Raz Roditti and Michael Zolotov, Razor Labs is a public company with 11–50 employees. The company has raised $36 million across two funding rounds. In February 2021, Razor Labs completed its Initial Public Offering on the TASE, raising $36 million.

Business overview

Razor Labs develops neural networks that leverage deep learning for optimizing business processes, specializing in transforming industrial machines into smart devices. The company's flagship product, DataMind AI, is a cloud-based SaaS solution that integrates with machine sensors to identify and predict malfunctions, thereby optimizing manufacturing processes. Primarily serving the mining industry, Razor Labs provides predictive maintenance solutions that enhance operational outcomes, minimize energy consumption, and reduce waste, operating within the Industrial Technologies sector.

Strategic signal

In May 2026, Razor Labs received the Gold Globee Award for AI Innovation in Mining Fleet Reliability. This recognition highlights the company's continued leadership and impact in applying AI to critical industrial challenges, signaling strong validation of its technology and market position within the mining sector.

Company Intelligence Q&A

When did Razor Labs go public and how much capital was raised?

Razor Labs completed its Initial Public Offering on the Tel Aviv Stock Exchange (TASE) in February 2021, raising $36 million.

What is Razor Labs' primary product?

Razor Labs' primary product is DataMind AI, a cloud-based SaaS platform that uses AI to transform heavy industrial machinery into smart devices, enabling predictive maintenance and process optimization.

Has Razor Labs recently expanded its product offerings?

Yes, in December 2025, Razor Labs launched DataMind AI™ 4.5, which represents a significant advancement in predictive maintenance and fleet management specifically for mining operations.

What recent strategic partnerships has Razor Labs announced?

In September 2025, Razor Labs announced a strategic partnership with Process Automation to accelerate AI-driven digital transformation within the South African mining industry.

Has Razor Labs received any recent industry recognition?

In May 2026, Razor Labs won the Gold Globee Award for AI Innovation in Mining Fleet Reliability, acknowledging its contributions to the industry.