Group 11 element

Healthee Secures $32M Series A Funding, Accelerating How Employees Interact With Their Healthcare

Retrieved on: 
Monday, March 4, 2024
Workplace, AI, General partnership, Growth, Health, Group 11 element, Organization, Knowledge, TriNet, Partnership, Health insurance

Healthee raises $32M Series A, revolutionizing employee healthcare with AI.

Key Points: 
  • Healthee raises $32M Series A, revolutionizing employee healthcare with AI.
  • We look forward to supporting Healthee on their journey to transform healthcare delivery to U.S. employees.
  • "We believe Healthee's platform leverages AI to simplify the benefits process for both employers and employees alike.
  • We are excited by Guy's vision to reshape the benefits landscape and look forward to partnering with Healthee in this next phase of growth."

Group 11 strikes $20M deal with StepStone Group and Industry Ventures for second fund holdings

Retrieved on: 
Thursday, December 7, 2023
Investment, Silicon, LOS, NeXT, HomeLight, StepStone Group, Partnership, Group 11 element, Like a Boss (film), Heel, Growth, Mohammad Mohammadi-Malayeri, IRR, Financial services, Bank, Tipalti

LOS ANGELES, Dec. 7, 2023 /PRNewswire/ -- Leading venture capital firm Group 11 has partnered with StepStone Group, a global private markets investment firm, and with Industry Ventures, a leading investment firm focused on private technology investments, through a $20M secondary transaction to acquire 12% of Group 11's second fund. The parties closed the deal directly, without the involvement of any placement agent or investment bank.

Key Points: 
  • The deal enabled investors in Group 11's second fund (2015 vintage) to realize their positions partially or entirely.
  • Through this deal, participating Group 11 investors received a ~3X net cash on cash return, representing a 20% net IRR on their investment.
  • This is the second deal we have executed with StepStone since 2022 and this is the first deal with Industry Ventures.
  • This deal with StepStone and Industry Ventures comes on the heels of significant growth in Group 11's assets under management.

GFG Provides Update on Rattlesnake Hills Gold Project Option Agreement with Group 11 Technologies

Retrieved on: 
Monday, September 11, 2023
Agreement, Blackjack, Rocky Mountains, GFG, Gold, Timmins, Group 11 element, Project, SAPIEN Technologies, Inc.

SASKATOON, Saskatchewan, Sept. 11, 2023 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces the termination of its option and earn-in agreement (the “Agreement”) with Group 11 Technologies Inc. (“Group 11”), a privately-owned corporation, to advance GFG’s Rattlesnake Hills Gold Project (the “Project”) in Wyoming, United States.

Key Points: 
  • SASKATOON, Saskatchewan, Sept. 11, 2023 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces the termination of its option and earn-in agreement (the “Agreement”) with Group 11 Technologies Inc. (“Group 11”), a privately-owned corporation, to advance GFG’s Rattlesnake Hills Gold Project (the “Project”) in Wyoming, United States.
  • Under the terms of the Agreement, Group 11 had the right to acquire, in multiple stages, up to 70% of the Project by completing a series of exploration and development expenditures and making staged cash and equity payments to GFG.
  • Brian Skanderbeg, President and CEO of GFG commented, “Through our Agreement and the positive metallurgical results from Rattlesnake Hills, Group 11 demonstrated the real potential for In-Situ Recovery application to be used in the gold industry.
  • The Rattlesnake Hills Gold Project is a gold exploration project located in central Wyoming approximately 100 km southwest of Casper.

Group 11 Ranked #3 Globally in HEC Paris and DowJones Venture Capital Performance Study

Retrieved on: 
Thursday, June 22, 2023
Group 11 element, Paris, HEC Paris, PE, Cryptocurrency, Retail, Preqin

LOS ANGELES, June 22, 2023 /PRNewswire/ -- Group 11 announced its #3 spot in the HEC Paris and DowJones Global Venture Capital Performance Ranking.

Key Points: 
  • LOS ANGELES, June 22, 2023 /PRNewswire/ -- Group 11 announced its #3 spot in the HEC Paris and DowJones Global Venture Capital Performance Ranking.
  • The study, conducted by Professor Oliver Gottschalg , evaluated the performance of 415 PE firms and 766 global funds, determining that Group 11 has consistently delivered exceptional returns, solidifying its position as the third top performing venture capital firm in the industry.
  • The HEC Paris and DowJones Venture Capital Performance Ranking identifies the firms that have generated the best performance for their investors and cumulatively raised greater than $100M compared against all other venture capital funds raised between 2009 and 2018.
  • The ranking is based on a comprehensive analysis of data on PE fund performance sourced from Preqin and directly from PE Firms, employing a unique methodology devised by Professor Oliver Gottschalg.

Dryden Gold Corp Enhances Its Management Team & Board of Directors

Retrieved on: 
Wednesday, June 14, 2023
Social responsibility, Battle North Gold, Goldcorp, University, Queen, Alamos Gold, Ontario Greenbelt, Independent director, Research, See, Golden, Treasury, Lakehead University, Cross section, Gold, Evaluation, Group 11 element, Knowledge, Qualified person (European Union), Queen's University, Mining, Typesetting, Science, Newmont, Woman, Dryden District School No. 5

Dryden, Ontario--(Newsfile Corp. - June 14, 2023) - Dryden Gold Corp. ("Dryden Gold or the Company") is pleased to announce two important additions to it management team and Board of Directors.

Key Points: 
  • Dryden, Ontario--(Newsfile Corp. - June 14, 2023) - Dryden Gold Corp. ("Dryden Gold or the Company") is pleased to announce two important additions to it management team and Board of Directors.
  • The Company has also strengthened its Board with the addition of Janet Lee-Sheriff as Independent Director.
  • Dryden Gold is a privately held company with extensive property holdings in the Dryden District of Northwest Ontario.
  • Trey Wasser, Dryden Gold CEO, commented, “Dryden Gold has now consolidated 100% of a large strategic property package in the under-explored Dryden District (See Figure 1).

Equitybee Appoints Susan Woodard as Chief Compliance Officer and CEO of Equitybee Securities

Retrieved on: 
Tuesday, December 13, 2022
Professional Services, Small Business, Human Resources, Finance, Fintech, Consulting, Retirement, Group 11 element, Exercise, IShares, CCO, BlackRock, ETF, Battery Ventures, Security (finance)

Equitybee , the startup employees' stock options funding solution, today announced the appointment of Susan Woodard as chief compliance officer (CCO) and CEO of Equitybee Securities, LLC.

Key Points: 
  • Equitybee , the startup employees' stock options funding solution, today announced the appointment of Susan Woodard as chief compliance officer (CCO) and CEO of Equitybee Securities, LLC.
  • Woodard has more than 20 years of experience building compliance operations for global businesses.
  • At BlackRock, Woodard supported its suite of packaged investment products, including the creation of a proprietary set of retirement indexes.
  • Woodard brings deep fintech startup experience, having enhanced the compliance program for EQIS Capital Management, an investment advisor that provides a turnkey asset management program.

GFG Closes Oversubscribed Private Placement Financing

Retrieved on: 
Thursday, October 6, 2022
News, CFO, Unit, Group 11 element, Sale, TSX, MI, NYSE, FOR, Warrant, Corporation, Technology, Income Tax Act 1967, Premium, Company, GFG, Exercise, Industry, Minority, TSX Venture Exchange, Legislation, CEO, AGI, Gold, GLOBE, Offering, Income Tax Act, NOT, Security (finance), Bank, Life insurance

SASKATOON, Saskatchewan, Oct. 06, 2022 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) has closed the oversubscribed, private placement financing (the “Offering”) (see news releases dated August 30, 2022 and October 5, 2022) for gross proceeds of C$2,051,743. As part of the Offering, GFG is pleased to announce that its strategic investor, Alamos Gold Inc. (TSX: AGI; NYSE: AGI) (“Alamos”), participated in the Offering on a pro-rata basis.

Key Points: 
  • NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES
    SASKATOON, Saskatchewan, Oct. 06, 2022 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (GFG or the Company) has closed the oversubscribed, private placement financing (the Offering) (see news releases dated August 30, 2022 and October 5, 2022 ) for gross proceeds of C$2,051,743.
  • As part of the Offering, GFG is pleased to announce that its strategic investor, Alamos Gold Inc. (TSX: AGI; NYSE: AGI) (Alamos), participated in the Offering on a pro-rata basis.
  • The Company is pleased to close the oversubscribed financing and grateful for the continued support from our long-standing shareholders and new owners during these challenging market conditions, stated Brian Skanderbeg, President and CEO of GFG.
  • GFG is a North American precious metals exploration company focused on district scale gold projects in tier one mining jurisdictions, Ontario and Wyoming.

GFG Increases Previously Announced Private Placement Financing

Retrieved on: 
Wednesday, October 5, 2022
News, History of monetary policy in the United States, National instrument, Group 11 element, Sale, TSX, MI, Technology, Company, GFG, Industry, Minority, TSX Venture Exchange, CEO, National Instrument 43-101, Unit, Gold, Offering, Policy, Printed circuit board, Cryptocurrency, Security (finance)

SASKATOON, Saskatchewan, Oct. 05, 2022 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSX-V: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces that due to investor demand it has increased the size of its previously announced private placement financing (the “Offering”) (see news release dated August 30, 2022) to an aggregate total of up to C$2.06 million. As part of the current Offering, the Company is pleased to announce that its strategic investor, Alamos Gold Inc. (TSX: AGI; NYSE: AGI) (“Alamos”), has committed to participate in the Offering on a pro-rata basis.

Key Points: 
  • The Offering is being made by way of private placement in Canada and such other jurisdictions as the Company may determine.
  • It is anticipated that certain directors and officers of the Company will acquire Units under the Offering.
  • GFG is a North American precious metals exploration company focused on district scale gold projects in tier one mining jurisdictions, Ontario and Wyoming.
  • President, CEO and Director of GFG, a qualified person within the meaning of National Instrument 43-101.

Fintech VC Group 11 Hosts Webinar Series on the Future of the Office of the CFO

Retrieved on: 
Wednesday, September 14, 2022
Group, CFO, Efficiency, Industry, Venn, Investment, Technology, Group 11 element, Solution, Science and technology in Asia, Financial technology, TripActions, Automation, HomeLight, Silicon, Multimedia, Globe, CFOS, Management, Bank, Online shopping, Renewable energy

LOS ANGELES, Sept. 14, 2022 /PRNewswire/ -- Leading enterprise-fintech venture capital firm Group 11 has announced a webinar series called Digitizing the Office of the CFO featuring portfolio company executives who are revolutionizing financial services.

Key Points: 
  • As the role of the modern CFO expands, so too does the need for investments in technology to enable effective oversight.
  • Automation and digitization are vital processes that drive success for modern executives, often leaving the late-adopters behind.
  • "At Group 11, we have been investing in the future of fintech long before its contemporary buzzword status.
  • We have seen firsthand how CFOs and financial leaders have struggled to adapt during the pandemic and manage the resulting chaos," says Dovi Frances, Founding Partner of Group 11.

GFG Announces Private Placement Financing of up to C$2.0 Million

Retrieved on: 
Tuesday, August 30, 2022
CEO, Technology, National instrument, GFG, MI, Group 11 element, Sale, TSX Venture Exchange, Minority, TSX, Unit, National Instrument 43-101, Company, News, Gold, Quality control, Policy, Qualified person (European Union), Industry, Energy Policy Act of 2005, Offering, Nature, Printed circuit board, Security (finance)

SASKATOON, Saskatchewan, Aug. 30, 2022 (GLOBE NEWSWIRE) -- GFG Resources Inc. (TSXV: GFG) (OTCQB: GFGSF) (“GFG” or the “Company”) announces a private placement to raise gross proceeds of up to C$2.0 million (the “Offering”).

Key Points: 
  • The Offering is being made by way of private placement in Canada and such other jurisdictions as the Company may determine.
  • The Company may pay finder's fees on a portion of the Offering of up to 6% of the aggregate gross proceeds raised.
  • The finder's fees shall be paid in accordance with applicable securities laws and the policies of the TSX Venture Exchange.
  • GFG is a North American precious metals exploration company focused on district scale gold projects in tier one mining jurisdictions, Ontario and Wyoming.