15.04.25|Almog AzarThe high-profile Fund V saw its asset value fall to $184 million in 2024, continuing a downtrend since its $247 million peak.
07.04.24|Almog AzarAccording to Group 11's reports, most of the decrease in the value of assets in 2023, amounting to $33.6 million, is due to markdowns of assets. The fund explains the decrease by saying that in the last year none of the fund's holdings IPO'd and none are expected to go public this year either
29.08.23|Sophie ShulmanFollowing a public spat with Guez, Frances sent a letter to all Papaya's shareholders offering to sell his 2.8% stake in the company for $12.5 million, which represents a company valuation of around $444 million, 90% less than the $3.7 billion Papaya was valued at in its last funding round
31.07.23|Meir OrbachGuez is demanding a public apology and clarification from Frances for his claims that she endangered the company's funds by transferring them to the now-collapsed Silicon Valley Bank
17.08.21|Dovi Frances"We are in the midst of an all-out war that we have already won using unconventional means like AI/ML and all of these incumbents are ‘dead men walking’," writes Dovi Frances of Group 11
02.06.21|Elihay VidalDovi Frances, Managing Partner of Group 11, speaks about disruption, the changing of the guard, and the loneliness pandemic on the back of leading $60 million investment in Israeli prop-tech company Venn
20.05.21|Meir OrbachSunbit focuses on the American credit market and develops a payment method that allows stores to offer their customers the option to pay in installments
11.05.21|Meir Orbach The Israeli company has doubled its number of clients to 200,000 over the past six months and took its total funding raised over the past year to $80 million
17.03.21|Meir OrbachSimilar to its prior funds, Group 11 Fund V will invest primarily in Silicon Valley-based financial technology software companies often related to Israel through their founding teams and R&D centers
22.12.20|Allon SinaiThe Dovi Frances-led VC and Veev were announced as the first two listings on TASE UP, a new platform in which companies remain private and are not subject to any reporting or prospectus publishing requirements