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Group 11

17 stories about Group 11
דובי פרנסס מייסד ו מנכל של קרן ההון סיכון גרופ 11

Navan IPO lifts Group 11’s fifth fund after years of losses

19.04.26|Almog Azar
Dovi Frances’ publicly traded vehicle returns to profit on unrealized gains.
דובי פרנסס מייסד ו מנכל של קרן ההון סיכון גרופ 11

Group 11’s Fund V valuation tumbles 25% in two years

15.04.25|Almog Azar
The high-profile Fund V saw its asset value fall to $184 million in 2024, continuing a downtrend since its $247 million peak. 
דובי פרנסס Group 11

Group 11 venture fund registers 16% loss in 2023 after markdowns

07.04.24|Almog Azar
According 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
דובי פרנסס Group 11

Group 11 strikes $20 million deal for second fund holdings, including Tipalti, Navan, and Sunbit

07.12.23|Sophie Shulman
Investment firms StepStone Group and Industry Ventures are acquiring a 12% stake in Group 11’s second fund
מימין דובי פרנסס ו עינת גז

Dovi Frances threatening to sell Papaya holdings at 90% discount; Co-founder Guez says she’ll buy

29.08.23|Sophie Shulman
Following 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
דובי פרנסס Group 11

Group 11 strikes $50 million deal with StepStone Group for third fund holdings

06.04.22|Meir Orbach
Dovi Frances' fintech VC is selling 27% of its third fund which includes unicorns Tipalti, TripActions, Next Insurance, HomeLight, and Sunbit
צוות אינשורייטס

Health benefit platform Insurights raises $22 million seed round

19.10.21|Meir Orbach
The Israeli startup's digital platform helps employees find lower-cost providers and informs them about relevant preventive care benefits
דובי פרנסס Group 11

The inevitability of fintech’s trajectory

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
אליעז שפירא ויטל אילת-רייכל חברת הפינטק סורבה Sorbet

Fintech startup Sorbet completes $21 million Seed round

24.06.21|Meir Orbach
The Israeli startup’s platform allows employees to convert their unused Paid Time Off (PTO) into cash
דובי פרנסס Group 11

Multifamily property management platforms are proptech's Amazon Alexa

02.06.21|Elihay Vidal
Dovi 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
מייסדי סאנביט מימין: פרופ׳ תמיר חזן אורנית מיזל טל ריזנפלד ו ארד לברטוב

Fintech company Sunbit raises $130 million at $1.1 billion valuation

20.05.21|Meir Orbach
Sunbit focuses on the American credit market and develops a payment method that allows stores to offer their customers the option to pay in installments
לילך בר דוד ו לירן זליכה מייסדי LILI לילי

Fintech startup Lili raises $55 million series B

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
דובי פרנסס Group 11

Dovi Frances' Group 11 announces new $120 million fintech fund

17.03.21|Meir Orbach
Similar 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
מייסדי EquityBee מימין אורן ברזילי עודד גולן אריק מואב

Stock options marketplace EquityBee raises $20 million on back of accelerated growth

23.02.21|Meir Orbach
The Israeli startup offers a marketplace where startup employees who lack the necessary funds to exercise their stock options can find investors, in return for a part in future gains
דובי פרנסס Group 11

Silicon Valley VC Group 11 going public on the Tel Aviv Stock Exchange

22.12.20|Allon Sinai
The 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
דובי פרנסס מנהל ושותף ב קרן SGVC

Group 11 Joins Papaya Global as a Strategic Investor

01.06.20|Meir Orbach
“In spite of the world crisis, Papaya has maintained its exceptional growth,” says Group 11’s Dovi Frances
EquityBee אורן ברזילי עודד גולן אריק מואב

Stock Option Marketplace EquityBee Raises $6.6 Million

11.02.20|Meir Orbach
EquityBee offers a marketplace where startup employees who lack the necessary funds to exercise their stock options can find investors, in return for a part of the potential future gains