Group 11

Group 11 is an American venture capital firm headquartered in Beverly Hills, California, focused on technology investments with an emphasis on fintech and artificial intelligence. The firm was founded in 2012 by Dovi Frances, an Israeli-American entrepreneur and venture capitalist. Its name refers to the column in the periodic table containing copper, silver, and gold — the coinage metals that once formed the foundation of the modern financial system — reflecting the firm's belief that the companies it backs are rare, precious, and not stumbled upon. Over its years of operation, Group 11 has raised multiple investment funds and invested in dozens of companies, primarily in financial technology, artificial intelligence, software-as-a-service, and insurance technology. Several portfolio companies have reached multi-billion-dollar valuations and become prominent players in their fields. Early investments include TripActions (which reached a $5 billion valuation), Next Insurance (raising at a $4 billion valuation), Tipalti (valued at over $2 billion), Papaya Global (reaching a $1.2 billion valuation), as well as growing companies such as EquityBee, HomeLight, Lili Banking, and Sunbit. The firm's activity focuses on accompanying companies throughout their growth stages, combining capital investment with strategic involvement in management and business development. In 2021, one of Group 11's funds opened the possibility of investment to the public in Israel through the TASE UP platform of the Tel Aviv Stock Exchange, a move designed to allow Israeli institutional and private investors to participate in investments of an international venture capital fund. Group 11 positions itself as a partner to founders, stating that its success is entirely dependent on the success of its companies and that it wins when its founders win. The firm maintains a portfolio of fintech and technology companies and publishes news and insights related to fintech.

Group 11 was founded in 2012 by Dovi Frances, an Israeli-American entrepreneur and venture capitalist. The firm is headquartered in Beverly Hills, California, and focuses on technology investments, with a particular emphasis on fintech and artificial intelligence. The name Group 11 refers to the column in the periodic table that includes copper, silver, and gold — the coinage metals that once provided the foundation for today's modern financial system. The firm uses this metaphor to describe the companies it backs as rare, precious, and not stumbled upon. Over the years, Group 11 has raised several investment funds and invested in dozens of companies, primarily in financial technology, artificial intelligence, software-as-a-service, and insurance technology. Several portfolio companies have reached multi-billion-dollar valuations and become prominent players in their fields. Early investments include TripActions (which reached a $5 billion valuation), Next Insurance (raising capital at a $4 billion valuation), Tipalti (valued at over $2 billion), Papaya Global (reaching a $1.2 billion valuation), as well as growing companies such as EquityBee, HomeLight, Lili Banking, and Sunbit. The firm's activity focuses on accompanying companies throughout their growth stages, combining capital investment with strategic involvement in management and business development. In 2021, one of Group 11's funds opened the possibility of investment to the public in Israel through the TASE UP platform of the Tel Aviv Stock Exchange. This move was designed to allow Israeli institutional and private investors to participate in investments of an international venture capital fund. Group 11 states that its success is entirely dependent on the success of its companies and that it wins when its founders win. The firm maintains a portfolio of fintech and technology companies and publishes news and insights related to fintech.

• 2021

  One of Group 11's funds opened investment to the public in Israel through the TASE UP platform of the Tel Aviv Stock Exchange.

• 2012

  Group 11 founded by Dovi Frances.

A fintech and AI-focused venture capital firm that partners with founders and takes a hands-on, growth-stage approach.

Product categories. Venture capital funds · Growth-stage equity investments

• 2020.02.11

  Reported2020.02.11

  EquityBee raises $6.6 million[4]EquityBee筹集660万美元tech.eu

  EquityBee raised $6.6 million in a funding round led by Group11, with participation from Battery Ventures and LocalGlobe.

Read more

1. 1Group 11 official websitegroup11.vc
2. 2Group 11 — Wikidatawikidata.org
3. 3Group 11 — Hebrew Wikipediahe.wikipedia.org
4. 4EquityBee筹集660万美元tech.eu