Mode VC
California

Group 11

Group 11, based in California, backs fintech startups at Seed and Series A, mostly leading rounds with checks from $3 million to $30 million, as seen with Navan and Tipalti.

Website
Entry stageSeed, Series A
Check size$3M to $30M
Leads roundsYes
FocusFintech
Latest fundn/a
Investing team3 peopleNo activity since Sep

Who you would pitch at Group 11

3 people on the investing team, 3 of them partners who can make the call. Partners are listed first.

Dovi FrancesFounding PartnerHe has a background in financial services and serves on several company boards.
Devon MorrisPartnerHe previously worked at SG, a financial advisory firm.
Hadas SparfeldPartnerShe previously worked as a tax attorney and in real estate investment and philanthropy.

Work here and something is wrong? Ask for a correction.

Writes $3M to $30M checks. Its smallest check is larger than 93% of firms in the atlas.

Bars: how many firms in the atlas report each band. Highlighted: this firm.

No recent activity since September 2026. Quiet does not mean closed.

Weekly count of activity updates. Activity is not a confirmed deal.

Before you pitch

Ownership target7-10%
How to reach them[email protected]

Notable investments

NavanTipaltiNext InsuranceSunbit
Founders and investors at a Mode VC gathering

Send Mode VC your deck

Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

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Alert me when Group 11 is active

One email when this firm shows new activity. Nothing else.

Firms like Group 11

Bonfire Ventures$3M to $10M · active Sep 23
Cathay Innovation$3M to $30M+ · active Sep 27
Blueprint Equity$3M to $30M
Canvas Prime$3M to $30M
Obvious Ventures$3M to $30M
PruVen Capital$3M to $30M

On these lists

Seed fintech investors in California70Series A fintech investors in California52Seed investors in United States2836Series A investors in United States1790Seed investors in California699Series A investors in California480Seed fintech investors225Series A fintech investors158

Questions

What stage does Group 11 invest in?

Group 11 reports entry at seed, series a.

How much does Group 11 invest?

Group 11 reports checks of $3M to $30M.

Does Group 11 lead rounds?

Yes. Group 11 says it can lead.

Who are the partners at Group 11?

Dovi Frances (Founding Partner), Devon Morris (Partner), Hadas Sparfeld (Partner).

Is Group 11 active right now?

No recent activity since September 2026.

Work at Group 11? Claim or correct this profile.