Loading people...
Dovi Frances is the Founder and Managing Partner of Group 11, an early-stage venture capital firm based in Los Angeles, California. He directs the firm's overall investment strategy across a portfolio managing over $1 billion in assets, backing prominent financial technology unicorns such as Tipalti, Navan, and Next Insurance. Prior to establishing Group 11 in 2012, Frances worked in private wealth management at Deutsche Bank and founded the independent financial advisory firm SG LLC. His early background includes serving as a company commander in the Israel Defense Forces before earning a bachelor's degree from Ben-Gurion University and an MBA from the UCLA Anderson School of Management. Frances recently closed a $200 million fund and maintains a primary focus on scaling enterprise software and fintech startups that are modernizing the global financial services industry.
Dovi Frances stands as the visionary Founding Partner of Group 11, a leading venture capital firm renowned for its strategic investments in the early-stage technology landscape. Based in Los Angeles, Group 11, under Frances's leadership, has carved a niche by focusing on transformative companies within the fintech and enterprise software sectors. His role involves identifying groundbreaking startups, conducting rigorous due diligence, and providing crucial guidance to founders, helping them navigate the complexities of growth and market expansion.
Frances's investment philosophy is deeply rooted in his belief in the power of innovation to reshape industries. He actively seeks out companies that are not just incrementally improving existing solutions but are fundamentally disrupting markets with novel approaches. His keen eye for identifying promising ventures has positioned Group 11 as a significant player in the venture capital ecosystem, consistently backing companies poised for substantial impact and long-term success.
Before co-founding Group 11, Dovi Frances cultivated a robust career background marked by entrepreneurial drive and a deep understanding of financial technology. His prior experiences include founding and leading successful ventures in the payment processing industry, which provided him with invaluable firsthand knowledge of the operational challenges and opportunities within fintech. This entrepreneurial journey equipped him with a unique perspective, allowing him to empathize with founders and offer practical, experience-backed advice.
Under his guidance, Group 11 has built an impressive portfolio of companies that are now household names in their respective domains. Notable investments include Tipalti, a comprehensive payment automation platform; Papaya Global, a global payroll and workforce management solution; Next Insurance, an insurtech company revolutionizing small business insurance; and Sunbit, a leading point-of-sale financing technology. These investments underscore Frances's ability to spot companies with strong product-market fit and significant scalability potential.
Dovi Frances's commitment extends beyond capital injection; he is a hands-on partner who actively engages with portfolio companies, leveraging his extensive network and strategic insights to accelerate their development. His leadership at Group 11 continues to drive innovation, foster entrepreneurial talent, and contribute significantly to the evolution of the global technology landscape, particularly in the critical areas of financial technology and enterprise solutions.
Dovi Frances is the Founding Partner of Group 11, a prominent venture capital firm. He is known for his strategic investments in early-stage fintech and enterprise software companies.
Dovi Frances primarily invests in early-stage fintech and enterprise software companies through Group 11. His portfolio includes companies in payment automation, global payroll, insurtech, and point-of-sale financing.
Dovi Frances works as the Founding Partner at Group 11, a venture capital firm headquartered in Los Angeles. He leads the firm's investment strategies and portfolio management.
