Group 11 | Activity | F4

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Group 11 Activity

Every public signal F4 has attached to this firm, with sources and cross-entity links.

Types

Time range

Investment

Group 11 led a $260M financing round in Dream Security at a $3B valuation. Dream is an AI cybersecurity company for national governments and critical infrastructure, founded by former NSO CEO Shalev Hulio and former Austrian Chancellor Sebastian Kurz.

Dream Security

Dream Security Group 11

en.globes.co.ilJUN 18, 2026

JUN 18, 2026

Milestone

Portfolio company BridgeWise partnered with X to add real-time market sentiment data to its AI investment intelligence platform.

BridgeWise

BridgeWiseGroup 11

timesofisrael.comMAY 4, 2026

MAY 4, 2026

Essay

Dovi Frances and Roxane Googin published a detailed investment thesis essay arguing the market is mispricing a $1.5T software paradigm shift. They articulate a five-layer AI architecture and argue that companies at the logic and business/control layers are being incorrectly valued as commoditized SaaS.

Group 11

Group 11Group 11

dovifrances.substack.comAPR 1, 2026

APR 1, 2026

Milestone

Portfolio company BridgeWise acquired Context Analytics to expand AI wealth-management intelligence.

BridgeWise

Context AnalyticsBridgeWiseGroup 11

ynetnews.comFEB 17, 2026

FEB 17, 2026

Investment

Participated in Venn's $52M Series B led by NOA and CIM Group.

Venn

Venn Group 11

accessnewswire.comNOV 18, 2025

finsmes.com

NOV 18, 2025

Exit

Portfolio company Navan (formerly TripActions) went public in October 2025, raising $923M at $6B valuation.

Navan

Navan Group 11

calcalistech.comOCT 2025

en.globes.co.il

OCT 2025

Essay

Dovi Frances and Roxane Googin published a major thesis essay articulating the "rip and replace" investment framework. They detail Group 11's focus on AI-native companies rebuilding legacy systems in regulated sectors (money movement, work/skills, cybersecurity, health benefits, housing operations, capital-markets intelligence) and predict $20BN+ in combined portfolio exit value by 2028.

Group 11

Group 11Group 11

linkedin.comAUG 29, 2025

AUG 29, 2025

Essay

Published a go-forward investment thesis around AI-native systems replacing legacy workflows in regulated, high-margin sectors.

The Great Reversal: From R.I.P. to Rip and Replace

Healthee Masterschool Dream SecurityBridgeWiseVenn Aeropay Group 11

linkedin.comAUG 29, 2025

AUG 29, 2025

News

Named among America's Top Venture Capital Firms of 2025 by TIME magazine.

TIME Magazine Recognition

Group 11

group11.vcAUG 19, 2025

AUG 19, 2025

Investment

Led EquityBee's $57M Series B round with participation from Greenfield Partners, Battery Ventures, Local Globe, and ICON.

EquityBee

EquityBee Group 11

equitybee.comMAY 6, 2025

MAY 6, 2025

Investment

Healthee raised $50M ($30M Series B + $20M credit). Group 11 participated as an existing backer. Healthee is a digital health platform that simplifies employee health benefits navigation.

Healthee

Healthee Group 11

calcalistech.comAPR 22, 2025

APR 22, 2025

Essay

Dovi Frances and Roxane Googin published a major thesis essay arguing that a once-in-a-century economic reset is underway, with AI as the only viable solution to the productivity crisis. The essay outlines Group 11's investment focus on specialized AI systems in regulated sectors (cybersecurity, education, healthcare, financial services, housing).

Group 11

Group 11Group 11

group11.vcAPR 20, 2025

APR 20, 2025

Exit

Group 11 portfolio company Next Insurance was acquired by Munich Re for $2.6B. Group 11 had been an investor since 2017, participating in follow-on rounds in 2018, 2019, and 2020.

Next Insurance

Next Insurance Group 11

techcrunch.comMAR 20, 2025

MAR 20, 2025

Milestone

Portfolio company Dream Security achieved $1.1B valuation in early 2025 funding round.

Dream

Dream Group 11

calcalistech.comJAN 2025

JAN 2025