Framework Ventures

Overview

Framework Ventures is a crypto-native venture capital firm based in San Francisco that invests in early-stage companies in DeFi, stablecoins, AI, and blockchain infrastructure.¹² It leads investment rounds with check sizes ranging from $250k to $40 million and has raised funds totaling over $500 million.¹⁴

History

Founded in 2019 by Vance Spencer and Michael Anderson, formerly of Netflix and Snapchat.¹ The firm raised its first fund of $100 million and a second of $400 million, focusing initially on crypto-native investments.¹ It has expanded to manage multiple funds, including Framework Ventures III (closed) and Framework Ventures IV (in market as of Aug 2024).⁴

Reputation

Framework Ventures is recognized among crypto investors for its early focus on DeFi and high-conviction investments in blockchain infrastructure.¹² Professionals note its track record with founders in emerging crypto sectors, though specific criticisms are not detailed in available sources.¹

Sources (4)

1. https://www.framework.ventures/about-us
2. https://framework.ventures
3. https://www.bdc.ca/en/bdc-capital/venture-capital/portfolio/framework-ventures
4. https://www.privateequityinternational.com/institution-profiles/framework-ventures.html