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Dovi Frances

Founder of The Institute

Los Angeles Metropolitan Area

Overview 

Dovi Frances is a Founding Partner at Group 11, with notable achievements including leading seed rounds and co-leading Series A rounds for various companies like Dream, Masterschool, and Bridgewise. He has a strong background in financial modeling, private equity, and venture capital, investing in sectors like AI and FinTech in Los Angeles and Southern California. Frances holds an MBA from UCLA Anderson School of Management and has extensive experience as a board member and major investor in companies like Sunbit, Lili, and Healthee, showcasing his expertise in due diligence, corporate finance, and business strategy within the startup ecosystem.

Work Experience 

  • Founding Partner

    2012 - Current

Group 11 is a venture capital firm focused on financial technology companies.

  • Member - Board of Governors

    2023

  • Board Member and Largest Investor (Led Seed round, co-led A)

    2022

  • Board Member and Largest Investor (Led Seed round, participated or co-led follow on rounds)

    2021

  • Board Member and Largest Investor (Led Seed round, participated or co-led follow on rounds)

    2023

Bridgewise closes the financial information gap, empowering global investors to make informed decisions across markets and languages.

Raised $35,000,000.00 from SIX, L4 Venture Builder and Group 11.

  • Board Member and Largest Investor (Led Seed round, participated or co-led follow on rounds)

    2021

  • Board Member and Largest Investor (Led Series A)

    2021

Venn offers a platform that encourages urbanites to become active creators and participants in the development of their community.

Raised $100,000,000.00 from Hamilton Lane, Bridges Israel, Pitango VC and Group 11.

  • Board Member and Largest Investor (Led Seed round, participated or co-led follow on rounds)

    2019

Lili is a one-stop shop for small business financial needs like banking, accounting, and taxes.

Raised $80,000,000.00 from Target Global, SilverStone Investment, Google for Startups, Group 11, Foundation Capital, AltaIR Capital and Zeev Ventures.

  • Board Member and Major Investor (Led Seed round, participated or co-led follow on rounds)

    2016

Sunbit offers pay-over-time technology that allows users to finance everyday expenses by dividing payments into manageable installments.

Raised $1,124,970,000.00 from JP Morgan, Waterfall Asset Management, Mizuho Bank, Citi, Ares Management and Waterfall Asset Management.

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