Group 11

Group 11, based in Beverly Hills, California, is a venture capital firm that specializes in investing in disruptive financial technology (FinTech) companies. Since its founding in 2012 by Dovi Frances, Group 11 has deployed nearly $600 million across several funds. The firm has a strong track record of backing successful startups such as Tipalti, Navan (formerly TripActions), Next Insurance, Sunbit, and Masterschool. Group 11 focuses on early to growth-stage investments, often writing checks ranging from $5 million to $20 million. Their investment strategy emphasizes supporting companies through their entire lifecycle, from inception to global expansion. This approach has helped them consistently generate strong returns, earning them a top spot in global venture capital performance rankings by HEC Paris and DowJones. The leadership team, led by Dovi Frances, includes experienced professionals like Hadas Sparfeld (COO and CFO), Devon Morris (Partner), Lian Kimia (Head of Business Development and Value Creation), and Roxane Googin (Chief Futurist). The team leverages extensive industry networks and expertise to provide strategic guidance and operational support to their portfolio companies. Group 11's commitment to identifying and nurturing innovative FinTech companies has solidified its reputation as a leading venture capital firm in the financial technology sector​.