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VentureFirminstitutional vcexempt_reporting_adviser

Group 11

Venture Capital

Beverly Hills, CA

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Search this name across graphsid dfx:vc:579800e8-0cd8-4f11-89c9-92e4ee84eb48

Data as of Sep 17, 2026 (this record's last observation) from federal regulator filings, firm and issuer disclosures. Page built Sep 19, 2026, 1:55 AM UTC and rebuilt at most every 15 minutes.

Relationships: 56
Dated events: 23
On other graphs: 1
Observed: Sep 12, 2026 to Sep 17, 2026
44 observations

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

RIA / Wealth Managementidentity

GROUP 11

Registered adviser · shared crd

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Funds: 18
Vintages: 2014 to 2023
Funds with fundraising evidence: 0derived
Investments: 25
Portfolio companies: 25
Investments, 12m: 25
Partner-attributed: 0
People: 7
Investment professionals: 4derived
Co-investors: 0derived
LP relationships: 0
Stated sectors: fintechas stated by the firm
Latest Form D: Oct 4, 2024
Latest ADV filing: Mar 31, 2026
Website: group11.vc

Funds

Fund	Vintage	Lifecycle	Form D sold	GAV
Group 11 Tripactions IV, LLC	2023	Active deployment	$0	$4.4M
Group 11 Tripactions V, LLC	2023	Active deployment	n/a	$1.2M
Group 11 Fund VI, L.P.	2022	Active deployment	$100M	$65.8M
Group 11 Fund IV, L.P.	2020	Mature	$75.0M	$156M
SG Vc Fund III, L.P.	2017	Harvest	$51.0M	$189M
SG Vc Fund II, L.P.	2014	Harvest	$50.1M	$307M
Ursus Next, LLC	n/a	Unknown	n/a	$3.8M
Group 11 Tripactions III, LLC	n/a	Unknown	n/a	$2.9M
Ursus Globetouch I, LLC	n/a	Unknown	n/a	$115,733
Group 11 Sunbit II, LLC	n/a	Unknown	$0	$10.4M
Ursus Tipalti II, LLC	n/a	Unknown	n/a	$16.1M
Ursus Tripactions II, LLC	n/a	Unknown	n/a	$13.9M
Group 11 Fund V, LP	n/a	Unknown	$0	$203M
Ursus Tripactions I, LLC	n/a	Unknown	n/a	$16.8M
Group 11 Homelight I, LLC	n/a	Unknown	n/a	$9.8M
Ursus Sunbit I, LLC	n/a	Wound down	n/a	$9.3M
Ursus Tipalti III, LLC	n/a	Unknown	n/a	$2.9M
Ursus Tipalti I, LLC	n/a	Unknown	n/a	$16.4M

Investments

round size is never this investor's check

Company	State	Stage	Round size	Partner	Attribution	Observed
Company	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Opengov	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Tipalti	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Sunbit	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Next Insurance	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Homelight	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Dream	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Masterschool	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Aeropay	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Loop Commerce	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Deshe Analytics	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Healthee	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Redkix	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Venn	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Equitybee	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
CapitalOS	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Fintastic	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Giraffe Invest	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Tango Card	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Papaya Global	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Voca Ai	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Skygiraffe	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Navan	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Addepar	n/a	n/a	n/a	n/a	Unknown	Sep 16, 2026
Company	n/a	n/a	n/a	n/a	Unknown	Sep 13, 2026

Co-investors

pairs come only from shared rounds and listings

Investor	Co-investor	Shared deals	Shared companies	Last observed	Strength
Group 11	Innovation Endeavors: Reimagining the technical frontier	1	1	Sep 16, 2026	One time
Group 11	Institutional Venture	1	1	Sep 16, 2026	One time
Group 11	Weatherford Capital Management	1	1	Sep 16, 2026	One time
Group 11	Techaviv Management Co.	1	1	Sep 16, 2026	One time
Group 11	Grdnt LLC	1	1	Sep 16, 2026	One time
Aleph	Group 11	1	1	Sep 16, 2026	One time
Montage Ventures	Group 11	1	1	Sep 16, 2026	One time
Upper90	Group 11	1	1	Sep 16, 2026	One time
Blumberg Capital, L.L.C.	Group 11	1	1	Sep 16, 2026	One time
Valor Equity Partners	Group 11	1	1	Sep 16, 2026	One time
Swan & Legend	Group 11	1	1	Sep 16, 2026	One time
Menlo Ventures	Group 11	1	1	Sep 16, 2026	One time
XYZ Venture Capital	Group 11	1	1	Sep 16, 2026	One time
Group 11	Teamworthy Group LLC	1	1	Sep 16, 2026	One time
Group 11	Target Global Selected Opportunities LP	1	1	Sep 16, 2026	One time

Relationships

Invested in (25)

→ EquitybeeCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ CapitalOSCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ FintasticCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Giraffe InvestCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Tango CardCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Papaya GlobalCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Voca AiCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ SkygiraffeCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ NavanCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ AddeparCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ OpengovCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ TipaltiCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ SunbitCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Next InsuranceCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ HomelightCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ DreamCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ MasterschoolCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ CompanyCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ AeropayCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Loop CommerceCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ Deshe AnalyticsCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ HealtheeCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ RedkixCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ VennCompanyPortfolio listing
Sep 16, 2026 to presentfactThe subject's own site
→ CompanyCompanyPortfolio listing
Sep 13, 2026 to presentfactThe subject's own site

Employs (7)

→ Carrie DruryPersonOperations
factThe subject's own site
→ Dovi FrancesPersonFounding Partner
factThe subject's own site
→ Hadas SparfeldPersonChief Compliance Officer
Apr 1, 2022 to May 24, 2022inferenceForm ADV, The subject's own site
→ Devon MorrisPersonPartner
factThe subject's own site
→ Lian KimiaPersonHead of Business Development & Value Creation
factThe subject's own site
→ Roxane GooginPersonChief Futurist
factThe subject's own site
→ Dovi D FrancesPersonManager
Feb 1, 2022 to presentfactForm ADV

Manages (18)

→ Ursus Tipalti II, LLCFundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ Group 11 Fund V, LPFundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ Ursus Next, LLCFundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ Ursus Tripactions II, LLCFundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ Ursus Tipalti III, LLCFundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ Group 11 Fund IV, L.P.FundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ Ursus Globetouch I, LLCFundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ Ursus Sunbit I, LLCFundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ Ursus Tripactions I, LLCFundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ Group 11 Tripactions III, LLCFundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ SG Vc Fund II, L.P.FundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ Group 11 Sunbit II, LLCFundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ SG Vc Fund III, L.P.FundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ Group 11 Homelight I, LLCFundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV
→ Group 11 Fund VI, L.P.FundVenture Capital Fund
Mar 14, 2023 to presentfactForm ADV
→ Group 11 Tripactions IV, LLCFundVenture Capital Fund
Mar 14, 2023 to presentfactForm ADV
→ Group 11 Tripactions V, LLCFundVenture Capital Fund
Mar 14, 2023 to presentfactForm ADV
→ Ursus Tipalti I, LLCFundVenture Capital Fund
Sep 3, 2021 to presentfactForm ADV

Owns (5)

← Group 11 GP IV, LLCFirmGeneral Partner Of Group 11 Fund Iv, L.P.
Aug 1, 2019 to presentfactForm ADV
← SG Vc GP III, LLCFirmGeneral Partner Of Sg Vc Fund Iii, L.P.
Jan 1, 2017 to presentfactForm ADV
← SG Vc GP II, LLCFirmGeneral Partner Of Sg Vc Fund Ii, L.P.
Mar 1, 2014 to presentfactForm ADV
← Group 11 GP V, LLCFirmGeneral Partner Of Group 11 Fund V, L.P.
Feb 1, 2021 to presentfactForm ADV
← Group 11 GP VI, LLCFirmGeneral Partner Of Group 11 Fund Vi, L.P.
Feb 1, 2022 to presentfactForm ADV

Dated events

20 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
May 24, 2022
Person left
Hadas Sparfeld (Chief Compliance Officer) no longer on Schedule A of Group 11
Form ADVobserved 6 days ago
Occurred
Apr 1, 2022
Person joined
Hadas Sparfeld joined Schedule A of Group 11 as Chief Compliance Officer
Form ADVobserved 6 days ago
Occurred
Sep 3, 2021
Adviser's first ADV filing
Group 11 first filed Form ADV (ERA, venture capital fund adviser exemption)
Form ADVobserved 6 days ago

Show 20 bookkeeping events

First seen by DFX
Sep 17, 2026
date not stated
Company no longer listed on Group 11's portfolio page
Occurred
Mar 8, 2024
Ursus Sunbit I, LLC no longer reported on Form ADV by Group 11
Occurred
Mar 14, 2023
Group 11 Tripactions V, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $1,338,342
Occurred
Mar 14, 2023
Group 11 Tripactions IV, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $5,150,166
Occurred
Mar 14, 2023
Group 11 Fund VI, L.P. first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $64,598,625
Occurred
Sep 3, 2021
Ursus Globetouch I, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $34,667
Occurred
Sep 3, 2021
Ursus Sunbit I, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $9,314,591
Occurred
Sep 3, 2021
Ursus Tripactions I, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $13,384,198
Occurred
Sep 3, 2021
Group 11 Tripactions III, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $2,349,995
Occurred
Sep 3, 2021
Ursus Tipalti I, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $8,828,653
Occurred
Sep 3, 2021
Group 11 Sunbit II, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $2,899,989
Occurred
Sep 3, 2021
SG Vc Fund III, L.P. first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $213,861,415
Occurred
Sep 3, 2021
Group 11 Homelight I, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $14,543,867
Occurred
Sep 3, 2021
SG Vc Fund II, L.P. first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $257,298,260
Occurred
Sep 3, 2021
Ursus Tipalti II, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $8,686,522
Occurred
Sep 3, 2021
Group 11 Fund V, LP first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $142,226,566
Occurred
Sep 3, 2021
Ursus Next, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $7,228,549
Occurred
Sep 3, 2021
Ursus Tripactions II, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $11,065,458
Occurred
Sep 3, 2021
Ursus Tipalti III, LLC first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $1,543,400
Occurred
Sep 3, 2021
Group 11 Fund IV, L.P. first reported on Form ADV by Group 11 (Venture Capital Fund), GAV $280,033,193

Who to call

the organisation, the role and the published line, with the filing or website that published it; revealed to signed-in accounts

The firm's published line

Revealable: 2 business phones (Form ADV), 1 website (Form ADV) · as of 2026-09-12

Also named here, with no published line of their own (reach them through the firm): Carrie Drury (Operations), Dovi Frances (Founding Partner), Hadas Sparfeld (Partner), Devon Morris (Partner), Lian Kimia (Head of Business Development & Value Creation), Roxane Googin (Chief Futurist), Dovi D Frances (Manager).

Who to call is the organisation, the person's role and the line they published themselves: a business phone, office address, website or profile link from Form ADV, Form 13F or their own website, with that source named on every value. The counts above are what a reveal returns; a personal email is rarely published, so most reveals are the firm's line. Never data bought from a provider, never anything personal. Reveals by plan