Group 11
Venture capitalBeverly Hills · Seed–Series A · 11 people tracked
Also known as URSUS VENTURES
Investment thesis
Group 11 positions itself around discovering and backing tomorrow's leading founders, framing its selectivity through the metaphor of the coinage metals (copper, silver, gold) that historically underpinned the modern financial system. The firm emphasizes that the companies it backs are rare, precious, and carefully identified rather than found by chance, and that its own success is tied directly to the success of its portfolio founders.
Source: firm website, verified Aug 3, 2026.
Team · 11 people
from the firm's website & public directoriesWhat they invest in
from 11 of 26 portfolio companiesFintech ×8Enterprise Software ×4SaaS ×4AI & Machine Learning ×3Marketplaces ×3Data & Infrastructure ×2GovTech ×1InsurTech ×1
HQs:United States×9Canada×1
Investments · 26 tracked
founders shown can be your intro pathNavan is an AI-powered platform for corporate travel and expense management that combines booking, policy management, and real-time reporting for enterprise clients.
Enterprise SoftwareSaaSTravel & HospitalityPalo Alto, US
CohenTwig
New York, US
Dovi Frances(Director)Ben Nagar(Director)Ido Fishler(Director)Guy Benjamin(Director)Ofer Tal(Director)
Board seatDovi Frances· per SEC Form D · $11.1M raise · filed Feb 2022
Addepar is a portfolio management platform that enables investment teams and CIOs to aggregate, analyze, and report on diverse asset classes—including liquid equities and private markets—within a single consolidated system.
AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechMountain View, US
Joe Lonsdale(Founder)inEric Poirier(CEO)inLaurence Tosi(Director)Stephen Snyder(Executive Officer)Mitchell Bompey(Executive Officer)
BoardJuan Sabater(Director)
BridgeWise provides AI-driven market insights and investor engagement tools for financial institutions and brokerages, unifying fundamentals, technicals, news, and sentiment analysis.
AI & Machine LearningFintech
Equitybee operates a stock option funding marketplace that connects startup employees needing to exercise their vested options with accredited investors and managed funds, providing non-recourse financing that covers exercise costs and AMT bills in exchange for a share of exit proceeds.
FintechMarketplacesLos Angeles, US
Oded Golan(Executive Officer, Director)Oren Barziali(Executive Officer, Director)Arik Moav(Executive Officer, Director)
HomeLightoffers bridge loans and financial solutions that allow homebuyers to remove sale contingencies and access equity for home purchases.
Data & InfrastructureFintechMarketplacesPropTechSan Francisco, US
Tyler Sosin(Director)Andrew Uher(Executive Officer, Director)Oren Zeev(Director)
Next Insurance is an insurance agency that issues business insurance coverage for customers.
InsurTechPalo Alto, US
Nick Shalek(Director)Eitan Bek(Director)Guy Goldstein(Executive Officer, Director)Matthew McElhattan(Director)Nissim Tapiro(Director)Oren Zeev(Director)
OpenGov builds a unified software platform that local and state governments use to manage operations including budgeting, permitting, infrastructure management, procurement, and tax collection.
AI & Machine LearningEnterprise SoftwareGovTechSaaS<UNKNOWN>, US
Zac Bookman(Co-founder)Nate Levine(Founder)
Tango provides a digital-first rewards and incentives platform that enables businesses to send gift cards, prepaid cards, and charitable donations to customers and employees.
Enterprise SoftwareFintechMarketplacesSaaS
David Leeds(Founder)
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Frequently asked questions
- What stage does Group 11 invest at?
- Group 11 invests at the Seed, Series A stages.
- What is Group 11's typical check size?
- Group 11 typically writes checks of $5M – $20M.
- What sectors does Group 11 focus on?
- Group 11 focuses on Fintech, InsurTech, SaaS, Sector Agnostic.
- Where is Group 11 located?
- Group 11 is headquartered in Beverly Hills, US.
- Does Group 11 lead rounds?
- Yes, Group 11 leads investment rounds.
Media · Podcasts & interviews
featuring the teamGroup 11 Founding Partner Dovi Frances Interviews Masterschool Co-Founder Michael Shurp
Group 11 · Dovi Frances
Ep48: Dovi Frances | Founding Partner of Group 11 | Episode 48: Dovi Frances | Founding Partner of Group 11 Dovi is an entrepreneur and Founding Partner of Group 11. He has invested over $150M in many of... | By 20 Minute Leaders
Dovi Frances · facebook.com
Dovi Frances Interview 2026 Negev Conference: AI, the Negev, and the Premiership (English Subtitles)
Group 11
דובי פרנסס על ראשות הממשלה, AI והנגב | הראיון המלא עם גדעון אוקו בועידת הנגב 2026
Group 11
Dovi Frances - Full Interview | i24news Exclusive (English Subtitles)
Group 11
דובי פרנסס, ספרא כץ ואודי מוקדי: מובילים את מהפכת ה-AI | כנס IAC 2026 (כתוביות בעברית)
Group 11
Co-investors · 33
Zeev Ventures is a venture capital investor that backs technology startups, frequently participating from incorporation and seed stages and continuing through later rounds, often taking board seats.
Andreessen Horowitz's Strategic Partnerships page describes collaborations that connect its portfolio companies with established institutions to help scale and deploy their technology.
Chicago Ventures is an early-stage venture capital firm that partners with founders in industries it views as overlooked, writing high-conviction checks and taking board seats.
Menlo Ventures is a venture capital firm that backs transformative, early-stage technology companies reshaping how people live and work.
Ulu Ventures is a seed-stage venture capital firm focused on finding and funding early-stage founder teams, emphasizing diversity and data-driven investment decisions.
01 Advisors is led by former Twitter CEO Dick Costolo, former Twitter COO Adam Bain, and Facebook's former Chief Revenue Officer David Fischer, who bring first-hand experience scaling Twitter, Google, and Facebook from early revenue to tens of billions in sales. They operate as "venture coaches" who deliberately avoid taking board seats so they can provide candid advice without formal constraints, focusing on Series A and B companies that have product-market fit but need help building professional sales organizations and revenue operations.
Greenoaks is a venture capital firm that makes extremely concentrated bets, famously putting ~40% of its initial $50M fund into a single company (Coupang) that returned roughly $8B, and continues to hold and grow public equity positions in its breakout companies rather than exiting after IPO like most VCs. The firm backs only ~15 companies per fund with $25-75M initial checks and operates as a registered investment adviser with a lean team focused on contrarian, high-conviction investments that they partner with for decades.
Montage Ventures is a venture capital firm investing in startups across financial services, healthcare, and commerce, with a focus on AI-driven transformation of these sectors.
Krillion Ventures is a Miami-based venture capital fund investing in early-stage technology companies in healthcare, financial services, and real estate.
Lightspeed Venture Partners is a global venture capital firm known for backing AI and technology founders, emphasizing deep, hands-on partnerships with the companies it funds.
Insight Partners is a venture and growth-stage software investor featuring a large portfolio of technology companies across multiple sectors and regions.
▶21 more co-investors
BenchmarkBain Capital VenturesFoundation CapitalIVP (Institutional Venture Partners)Battery VenturesScale Venture PartnersMaveronBase10 PartnersGustoCyberstartsSarona VenturesEuclid Venture PartnersGlilot Capital PartnersFinch Capital10x GenomicsAlkeon CapitalFabric VCTakwin VenturesiAngels CapitalSilvertech VenturesJibe Ventures
Firms observed investing alongside Group 11, from public investor directories. Shared companies are the overlap with Group 11's recorded portfolio.
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