Investor Profile: Framework Venture Partners — Thesis, Cheque Size & How to Apply

Founders asking how to get funding from Framework Venture Partners should know this is a Canada-focused firm built around a data-driven model: it benchmarks startups against thousands of peers before it invests. Framework Venture Partners funding targets rapidly scaling Canadian technology companies, with a sharp focus on vertical software and artificial intelligence, and this profile covers its funds, portfolio and the free benchmarking tool any founder can use first.

Framework Venture Partners funding: thesis and sectors

Framework Venture Partners, known as FRAMEWORK, backs the next generation of vertical SaaS and AI founders in Canada and the United States. Its official site states it invests at late seed and Series A/B stage in vertical SaaS and AI-powered platforms. At launch, the firm said it would invest primarily in Canadian business-to-business SaaS companies applying machine learning to large industry-specific datasets, and companies reimagining how financial services are delivered on top of everyday software.

Fund size and cheque size

Framework Venture Partners announced the first close of FVP I in February 2019 with a goal of raising C$150 million, anchored by BDC Capital, Cadillac Fairview, Royal Bank of Canada and the BC Tech Fund, with a target of C$275 million in assets under management at final close. VentureBeat reported at the time that future commitments would average about $8 million per deal, with syndicated transactions of up to $50 million. The firm later announced a first close of Fund II at over US$100 million, targeting US$250 million. Whether Fund II closed at that target is not publicly disclosed in the sources reviewed, so its current fund size is treated here as not publicly disclosed.

Notable portfolio companies

The firm's current portfolio, as shown on its official site, includes Botpress, Maxa, Evidently, Quandri, Castellum AI, Airspeed, Liminal, ShipIn, Koverly, Vasco, QuoteToMe and Styx Intelligence. Third-party reporting credits the firm with leading a $12 million Series A in insurtech company Quandri alongside Intact Ventures in 2025. Earlier Fund I investments included Paper, Incode and MaxSold.

Partners and leaders

Framework Venture Partners was co-founded by Peter Misek, managing partner, and Andrew Lugsdin, who previously led BDC's Information Technology Venture Fund in Toronto and Vancouver and together brought more than 35 years of venture experience. The current team listed on the firm's site also includes partners Ajay Gopal and Jim Texier, who serves as partner and chief technology officer.

Programs, credits and perks

Framework's signature founder programme is the FRAMEWORK Startup Scorecard, a free benchmarking tool that compares a startup against a database of more than 30,000 North American startups, alongside its Investor Network and the Otto investment platform. No general startup credits or cloud perks bundle was documented in the sources reviewed.

How to apply for funding from Framework Venture Partners

There is no single public pitch portal advertised on the firm's homepage, but founders have a genuine front door: request a free Startup ScoreCard through scorecard.framework.vc, which puts the company on the firm's radar with benchmarked data, and approach the team via framework.vc. Come prepared with proprietary dataset or workflow advantages, since applied AI on industry-specific data is the core test.