Group 11

Group 11 is a venture capital firm founded in 2012 by Dovi Frances, based in Beverly Hills, California. The firm invests in visionary entrepreneurs leveraging AI and fintech to redraw the landscape of their respective industries, having deployed over $600 million across six funds to date. The firm's name references the periodic table column containing copper, silver, and gold, the "coinage metals" that historically underpinned monetary systems, reflecting its belief that the companies it backs are similarly rare and foundational to the modern financial system. Group 11 focuses on fintech, AI, and insurtech, typically writing checks between $5M and $20M and often leading rounds. Its portfolio includes seven unicorns: Navan (NASDAQ: NAVN), Next Insurance (acquired by Munich Re for $2.6B), Tipalti, Sunbit, HomeLight, Masterschool, and Healthee, alongside investments in Papaya Global, EquityBee, Venn, and Lili. Group 11's investment criteria favor fintech startups with clear, scalable business models, large total addressable markets, and experienced founding teams with the drive and discipline to execute. The firm's approach emphasizes deep partnership with portfolio companies, viewing its own success as directly tied to the success of the founders it backs.