Framework Ventures

Profile

Framework Ventures is a San Francisco-based venture capital firm founded in 2019 by Vance Spencer and Michael Anderson, both former executives from major tech companies like Netflix and Snapchat. They initially rose to prominence as one of the first VCs to embrace the decentralized finance (DeFi) landscape, making early investments in successful blockchain projects. The firm is led by co-founders Michael Anderson and Vance Spencer, who have been joined by Rajiv Patel-O'Connor as a general partner, along with other team members from diverse financial backgrounds, contributing specialized skills in both traditional and digital finances.

Framework invests predominantly in emerging technologies, with a recent shift from a crypto-native focus to a broader frontier technology mandate. They target industries such as blockchain, AI, robotics, energy, and fintech, providing check sizes ranging from $1 million to $50 million. Their investment strategy covers pre-seed through Series A stages, encompassing both private equities and liquid digital assets. Framework currently manages around $1.28 billion in assets across multiple funds, including the $400 million fourth fund raised in 2026. Their LPs mainly consist of institutional investors, including an Ivy League endowment, contributing to their strong capital base.

The firm's notable investments reflect their diversified strategy, including companies like Mecka AI - AI solutions, Daylight - distributed energy networks, Hyperliquid - digital asset derivatives platform, Sky - yield-bearing stablecoins, and Plasma - stablecoin-focused blockchain. This mix of investments underscores their emphasis on frontier technologies, combining on-chain financial services with sectors like AI and energy.