Management Team

Oren is a partner at Orens Capital and Zeev Ventures.  He has extensive experience investing in technology companies and, over the past decade, has focused on Internet applications and digital media. Prior to Orens Capital, he was a partner at Apax Partners. In addition to Tipalti, Oren serves on the boards of Houzz, Chegg, Infolinks, Duda Mobile, Younow and Crossrider. Past investments include Audible (acquired by Amazon), Wibiya (acquired by Conduit), Mobixell Networks, Butterfly (acquired by TI), Native Networks (acquired by Alcatel), Commtouch (IPO), Tescom (IPO), and Smartshopper (acquired by Zango). Oren holds a BSc Cum Laude from the Technion, Israel Institute of Technology, and an MBA with distinction from INSEAD in France.

Dovi Frances is an international financier, an entrepreneur and managing partner of SGVC. Having raised over US$50MM, Frances launched SGVC Fund II in January 2016 with a focus on providing capital to early stage B2B, Enterprise Software, Financial and Real Estate Technology companies. SGVC Fund II has its roots in SGVC Fund I (2012) and SG, LLC (2010) which were also founded by Frances. He currently serves as a board member and an advisor to Addepar, Tipalti, SkyGiraffe, Covercy and YouNow and is a guest lecturer at UCLA Anderson on Behavioral Economics in the Digital World.

Richard Sarnoff is a Senior Adviser for KKR, focusing on publishing, digital media, and education businesses. Until 2011, Mr. Sarnoff was Co-Chairman of Bertelsmann Inc. and President of Bertelsmann Digital Media Investments (BDMI). A long standing senior executive at Bertelsmann, Mr. Sarnoff served as CFO and EVP of Random House beginning in 1998.  Later in the 2000’s, he established its corporate digital media investing arm, BDMI, and concurrently served as Chairman of the Association of American Publishers. Mr. Sarnoff graduated summa cum laude, from Princeton University in 1981 with a BA in Art and Archaeology, and earned an MBA from Harvard University in 1987. He serves on the Board of Directors of Activision Blizzard, Weld North, Ipreo, and Chegg.