# Dovi Frances

> Dovi Frances is a seed investor at Sunbit (Los Angeles) backing FinTech and Financial Services. See 63 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Sunbit](https://shizune.co/investors/profile/sunbit)
- Location: Los Angeles, United States
- Total investments: 63
- Last investment: Jun 2026
- Lead investor: 49%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/in/dovifrances
- Website: http://www.group11.vc

Dovi Frances is an Israeli-American venture capitalist and the Founding Partner of Group 11, a Los Angeles-based venture capital firm dedicated to supporting disruptive Israeli-related software companies from their inception through their global expansion.Over the course of his career, Frances has strategically invested over $600 million insoftware companies that have gone on to become some of Silicon Valley's most innovative and disruptive financial technology software platforms, including Tipalti, Navan (fka TripActions), Next Insurance, Sunbit, HomeLight, and Masterschool, to name a few.Frances is the youngest member to ever be elected to the Board of Governors of Ben-Gurion University of the Negev and serves on the Steering Committee of the Israel Collaboration Network (ICON).Prior to launching Group 11 in 2012, Frances spent nearly a decade in the financial services industry. He launched and managed an independent financial advisory firm, and also served as Vice President at Deutsche Bank AG Private Bank (NYSE: DB).He currently serves on the boards of Tipalti, HomeLight, Sunbit, Masterschool, EquityBee, Lili, Venn, Sorbet, BridgeWise, and Healthee. He is also an Advisor to Navan (fka TripActions).Frances earned his Bachelor’s degree from Ben-Gurion University of the Negev and went on to earn his MBA from UCLA Anderson School of Management.Frances was born in Holon, Israel in 1978. He moved to California in 2006 and currently resides in Brentwood, Los Angeles with his wife Roni Eshel, Israel’s former surf champion, and two children.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 11 | 17% |
| Financial Services | 7 | 11% |
| Software | 6 | 10% |
| Payments | 5 | 8% |
| Artificial Intelligence | 4 | 6% |

56 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 13 | 21% |
| Series B | 13 | 21% |
| Series A | 9 | 14% |
| Series C | 7 | 11% |
| Series D | 6 | 10% |

10 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 18 | 29% |
| Israel | 6 | 10% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Dream | Dream Security provides critical infrastructure defensive cyber solutions. | $260M | Series C | Jun 18, 2026 |  |
| Venn | Venn creates a new way of urban neighboring by managing homes, creating shared spaces, supporting hyperlocal business initiatives and services, programs events, and facilitating community engagement – all on a neighborhood-wide level. Operating by the motto, “If they build it, they will stay,” venn’s platform encourages urbanites to become activecreators and participants in the development of their community and enables developing neighborhoods to become as vibrant and desirable as the downtown core. Founded in 2016 by people raised in the Big City and in cooperative communities, venn is a new movement of neighboring that impacts tens of thousands of people in three cities (Tel Aviv, Brooklyn, and Berlin) with +75 employees | $52M | Series B | Nov 19, 2025 |  |
| Dream | Dream Security provides critical infrastructure defensive cyber solutions. | $45M | Secondary Market | Aug 31, 2025 |  |
| Healthee | Healthee provides an AI-driven platform designed to simplify health benefits navigation for employees and employers. The platform includes a plan comparison tool that assists employees in evaluating and selecting health plans based on individual or family needs. This tool utilizes self-reported health information to provide tailoredrecommendations, streamlining the open enrollment process. Healthee also offers wellness tracking features, enabling users to monitor essential health milestones such as annual physicals, dental exams, and vision appointments. This functionality supports preventive care and encourages proactive health management. | $30M | Series B | Apr 22, 2025 |  |
| Dream | Dream Security provides critical infrastructure defensive cyber solutions. | $100M | Series B | Feb 17, 2025 |  |
| Aeropay | Aeropay is America’s pay by bank network, making payments simpler and smarter for the digital economy.Our integrated products and national network turn bank linking, money movement, and risk prevention into a seamless and reliable part of any payment experience.Businesses of every size use Aeropay to lower payment costs, accelerate cashflow,and guarantee success—at scale. | $20M | Series B | May 16, 2024 |  |
| Bridgewise | Bridgewise aims to become the industry standard for equity research by applying advanced AI to provide faster, more accessible, and trusted coverage in every language for all global financial instruments. Nowadays, BridgeWise delivers high-quality and easy-to-read stock reports for >44,000 stocks in 134 exchanges. The unbiased machine-generatedrecommendation surface untapped investment opportunities and makes high-end research accessible to all active inventors worldwide. | $21M | Series A | Apr 16, 2024 |  |
| Healthee | Healthee provides an AI-driven platform designed to simplify health benefits navigation for employees and employers. The platform includes a plan comparison tool that assists employees in evaluating and selecting health plans based on individual or family needs. This tool utilizes self-reported health information to provide tailoredrecommendations, streamlining the open enrollment process. Healthee also offers wellness tracking features, enabling users to monitor essential health milestones such as annual physicals, dental exams, and vision appointments. This functionality supports preventive care and encourages proactive health management. | $32M | Series A | Mar 04, 2024 |  |
| Dream | Dream Security provides critical infrastructure defensive cyber solutions. | $33.6M | Seed | Nov 21, 2023 |  |
| Dream | Dream Security provides critical infrastructure defensive cyber solutions. | $33.6M | Series A | Nov 21, 2023 |  |

10 of 63 investments shown.

## Co-investors
- [Zeev Ventures](https://shizune.co/investors/profile/zeev-ventures) — VC Fund, 26 deals together
- [AltaIR Capital](https://shizune.co/investors/profile/altair) — VC Fund, 7 deals together
- [Andreessen Horowitz](https://shizune.co/investors/profile/andreessen-horowitz) — VC Fund, 7 deals together
- [IVP](https://shizune.co/investors/profile/institutional-venture-partners) — VC Fund, 7 deals together
- [Lightspeed Venture Partners](https://shizune.co/investors/profile/lightspeed-venture-partners) — VC Fund, 7 deals together
- [Chicago Ventures](https://shizune.co/investors/profile/chicago-ventures) — VC Fund, 4 deals together

## About Sunbit

VC Fund · Los Angeles, United States

Sunbit is a buy now, pay later technology of service providers and retailers fulfilling the needs of thousands of local communities. Sunbit eases the stress of buying everyday things by offering access to fast, fair, and transparent payment options to people across the credit spectrum. Sunbit technology is offered in-store and online through nearly7,300 locations, including 1 in 4 auto dealership service centers, optical practices, dentist offices, and specialty health care services. Payment options through Sunbit can be found at these establishments www.sunbit.com/shop-directoryLoans are made by Transportation Alliance Bank, Inc., dba TAB Bank, which determines qualifications for and terms of credit.

5 contacts available at Sunbit.

| Name | Title | Profile |
| --- | --- | --- |
| Arad Levertov | CEO (Co-founder) | https://shizune.co/investors/profile/arad-levertov |
| Cait Finnigan Brittain | Head of Customer Strategy & Operations | https://shizune.co/investors/profile/cait-finnigan-brittain |
| Dovi Frances | Board of Directors | https://shizune.co/investors/profile/dovi-frances |
| Eric Thaller | Chief Capital Officer | https://shizune.co/investors/profile/eric-thaller-2 |
| Oren Zeev | Board of Directors | https://shizune.co/investors/profile/oren-zeev |

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## Featured in investor lists
- [Enterprise Angel Investors in Israel](https://shizune.co/investors/enterprise-angel-investors-israel)

## FAQ

### What does Dovi Frances invest in?

Dovi Frances invests primarily in FinTech, Financial Services and Software startups, most often at Seed and Series B stage. Most of the 63 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Dovi Frances last invest?

The most recent investment recorded for Dovi Frances closed in Jun 2026. Shizune tracks 63 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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