Group 11
Description
Group 11 is a prominent venture capital firm based in Beverly Hills, California, with a dedicated focus on the financial technology (FinTech) sector. Established in 2012, the firm primarily targets early-stage companies, typically investing in Seed and Series A rounds. Their investment thesis centers on identifying and backing B2B SaaS FinTech solutions that leverage technology to innovate and disrupt traditional financial services, including payments, lending, insurance, and enterprise software for financial institutions.
Group 11 is known for its hands-on approach, often taking an active role in supporting its portfolio companies beyond capital infusion. They aim to partner with founders who are building scalable, defensible businesses with strong unit economics and a clear path to market leadership. The firm emphasizes long-term partnerships, providing strategic guidance, operational support, and access to their extensive network within the FinTech ecosystem.
The firm boasts a robust portfolio of successful companies, including notable names like Tipalti, Next Insurance, and Navan (formerly TripActions). Group 11 has demonstrated a strong track record, with their portfolio companies collectively raising over $10 billion in follow-on funding from leading global investors. In 2022, Group 11 successfully closed its fourth fund, Group 11 Fund IV, at $200 million, further solidifying its capacity to support promising FinTech startups. This latest fund brought their total assets under management to over $500 million, underscoring their significant presence and influence in the FinTech venture landscape.
Investor Profile
Group 11 has backed more than 66 startups, with 2 new investments in the last 12 months alone. The firm has led 28 rounds, about 42% of its total and boasts 6 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series B, Series A rounds (top funding stages).
- Majority of deals are located in United States, Israel.
- Strong thematic focus on FinTech, Financial Services, Software.
- Typical check size: $1M – $10M.
Stage Focus
- Seed (26%)
- Series B (23%)
- Series A (23%)
- Series C (11%)
- Series D (9%)
- Series E (2%)
- Debt Financing (2%)
- Series F (2%)
- Convertible Note (2%)
- Series G (2%)
Country Focus
- United States (88%)
- Israel (12%)
Industry Focus
- Fintech
- Financial Services
- Software
- Saas
- Payments
- Enterprise Software
- Finance
- Insurtech
- E-commerce
- Artificial Intelligence (Ai)
Frequently Asked Questions
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