Group 11

2011

Founded

56

Investments

United States

Offices

Venture Fund

Investor Type

About

Group 11 is a Los Angeles-based venture capital firm specializing in supporting disruptive Israeli-related software companies from their inception through global expansion. Founded in 2012 by Dovi Frances, the firm has strategically invested over $600 million in software companies that have become some of Silicon Valley’s most innovative financial technology platforms, including Tipalti, Navan (formerly TripActions), Next Insurance, Sunbit, HomeLight, and Masterschool. Group 11's investment philosophy focuses on identifying rare and precious companies, akin to the coinage metals—copper, silver, and gold—that once formed the foundation of the modern financial system.

The firm emphasizes a sector-specific, agile approach, heavily investing in Israeli-related tech, and publicly sharing performance insights through in-depth macro-research. This distinct approach has led to significant recognition, including being named the #1 Top Performing Venture Capital Fund Manager in America by Preqin in 2024. ( Additionally, Group 11 secured over $120 million for its fifth fintech fund in 2024, underscoring its strong position in the venture capital landscape.

Portfolio Companies

Tipalti, Navan, Next Insurance, Sunbit, HomeLight, Masterschool, Healthee, Dream, BridgeWise, Lili

Gepgraphic Focus

United States, Israel

Key Differentiators

Sector-specific investment approach, Agile investment strategy, Focus on Israeli-related tech, Public sharing of performance insights

Thypical Investment Size

Not specified

Total Funds Raised

Over $600 million

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FinTech

Software

E-Commerce

RetailTech

Artificial Intelligence & Machine Learning (AI/ML)

Health & Wellness

Pre-Seed

Seed

Series A

Series B

Series C

Series D

United States