Tech-active · Toronto, ON

Framework Venture Partners

Active capital for Canadian Series A/B SaaS & AI

← Investors in Ontario
Cheque
$4.1M to $13.6M
Role
Can lead a round
Pace
Actively deploying
Kind
Tech-active
Based in
Toronto, ON
Vehicle size
$136M
Founded
2018
Works in
EN
Last deal seen
June 2026
Stages
Seed, Series A, Series B and later
Sectors
SaaS, AI and machine learning, Fintech and insurtech, Cybersecurity, Marketplaces and consumer

Their thesis, in full

Framework Venture Partners is a Toronto-based fund founded in 2018 by former BDC partners Peter Misek and Andrew Lugsdin. The thesis rests on "active capital": cheques of $4M to $14M CAD at Series A and B, with a lead posture and intensive operational accompaniment (GTM, finance, governance) for Canadian founders in vertical SaaS, applied AI, fintech, cybersecurity and B2B marketplaces. Fund I at $105M CAD, Fund II with a first close of US$100M toward a US$250M target. Not to be confused with Framework Ventures (San Francisco, crypto). Framework distinguishes itself through metric and business-model rigor.

What they bring past the cheque

  • Active capital playbook
  • Vertical SaaS expertise
  • Finance & metrics rigor
  • GTM scaling
  • Cross-border syndication

Questions they usually ask

Have an answer ready for each one before the first call.

  1. Are you at $2-10M ARR in vertical SaaS, AI or fintech with proven retention and efficiency metrics?
  2. Are you ready for a hands-on lead investor who will work weekly on GTM and finance?
  3. Do you have a Series B path that includes US institutional capital?

Follow-on

Framework reserves substantial follow-on capital for Series B and selectively co-leads up rounds with US firms. Strong preference for founders who run a tight metrics-driven board.

Who to talk to

Portfolio

Names they back, most notable first.

  • AirspeedSeries A · 2026
  • BotpressSeries B · 2025
  • Castellum AISeries A · 2025
  • Quandri
  • ShipIn
  • ZayZoon
  • Koverly

Often in the same rounds

Investors seen alongside them in past rounds.

Similar investors

Overlapping sectors and stages. Useful to build a list of 10 to 20 names for one round.

See how they fit your round

Set your stage, sector and amount once. Fractal App tells you if Framework Venture Partners can lead it, tracks every follow-up, and counts the days of silence. Free, no card.

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Checked October 2026 from public sources. source ↗ · Website ↗ · LinkedIn ↗