Framework Ventures

Framework Ventures is a venture capital firm that invests in founders that enable blockchain technologies.

ActiveVenture Capital

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Updated: Feb 17, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Oct 1, 2025	Daylight	$15.0M Venture Round	—	CoinFund, Humbition, Bill Tai
Oct 1, 2025	Stardust	$60.0M Venture Round	—	Benchmark, Delta Blockchain Fund, Infinity Ventures Crypto, Sebastien Borget
Oct 1, 2025	Allora Labs	$35.0M Venture Round	—	CoinFund, David Namdar, MATR Ventures, Polychain Capital, Alexander Salnikov, Andrew Steinwold, Shayne Coplan, Stani Kulechov, Tegan Kline, Tony Sheng
Oct 1, 2025	Takenos	$5.0M Seed	—	6th Man Ventures, Infinity Ventures Crypto, Multicoin Capital, North Island Ventures, Polygon, Portal Ventures
Aug 1, 2025	Perle AI	$9.0M Seed	—	Andreessen Horowitz, Not Boring Capital, Susa Ventures
Jul 1, 2025	Promptfoo	$18.0M Series A	—	Abstract Ventures, Kevin Hartz, Andreessen Horowitz, C2 Investment, Greylock, Human Capital, Insight Partners, Pantera Capital, Paradigm, Seed Club Ventures, Sweater Ventures, Village Global, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christina Cacioppo, Chuck Eesley, Dylan Field, Frederic Kerrest, Gokul Rajaram, Jawed Karim, John Collison, Julia Hartz, Mark Cuban, Tobias Lutke, Varsha Rao
May 1, 2025	Catena Labs	$18.0M Seed	—	Andreessen Horowitz, Global Founders Capital, Hummingbird Ventures, Index Ventures, Not Boring Capital, Otherwise Fund, Sequoia Capital, Signia Venture Partners, Soma Capital, Susa Ventures, Andy Rubin, Balaji Srinivasan, Bradley Horowitz, Gokul Rajaram, Kevin Lin, Sam Palmisano
Mar 1, 2025	Bonus Health	$2.0M Seed	—	CoinFund, Humbition, Bill Tai
Mar 1, 2025	Town	$18.0M Seed	—	Abstract Ventures, Kevin Hartz, Andreessen Horowitz, Balderton Capital, byFounders, C2 Investment, Catapult Capital, Coelius Capital, Creandum, Flex Capital, Force Over Mass Capital, Goat Capital, Greylock, Hummingbird Ventures, Jetstream, La Famiglia, Msd Capital, Operator Collective, Pantera Capital, Paradigm, Quiet Capital, RTP Global, Seed Club Ventures, Sweater Ventures, True Ventures, Uncork Capital, Vibe Capital, Y Combinator, Aaron Levie, Adam D'Angelo, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Charlie Songhurst, Christian Reber, Christina Cacioppo, Dharmesh Shah, Dylan Field, Errol Damelin, Frederic Kerrest, Fredrik Hjelm, George Kurtz, Ilya Golubovich, Immad Akhund, Jawed Karim, Job Van Der Voort, John Collison, Julia Hartz, Kirill Makharinsky, Mark Cuban, Melissa Tan, Michael Staton, Roger Dickey, Stefan Lindeberg, Stewart Butterfield, Tobias Lutke, William Hockey
Jan 1, 2025	Merit Systems	$10.0M Seed	—	468 Capital, 6th Man Ventures, Alumni Ventures, Andreessen Horowitz, B Capital Group, Craft Ventures, Crowberry Capital, CVentures, Infinity Ventures Crypto, M12, Mischief Venture Capital, Multicoin Capital, North Island Ventures, Not Boring Capital, Polychain Capital, Polygon, Portal Ventures, Samsung NEXT Ventures, SLVC, Spark Capital, Susa Ventures, Balaji Srinivasan, Charlie Songhurst, Chris Schagen, Julius Genachowski, Ken Howery, Nicolas Berggruen, Regan Bozman
Jan 1, 2025	Applied Labs AI	$4.0M Seed	—	Abstract Ventures, Kevin Hartz, AirAngels, Andreessen Horowitz, Bond, C2 Investment, Cedar Capital Group, CRV, Greylock, Haun Ventures, Liquid 2 Ventures, NFX, Pantera Capital, Paradigm, Seed Club Ventures, Sweater Ventures, The Hit Forge, Tiger Global Management, Y Combinator, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christina Cacioppo, Dylan Field, Frederic Kerrest, Gokul Rajaram, Guillermo Rauch, Jawed Karim, John Collison, Julia Hartz, Kanjun Qiu, Mark Cuban, Paul Yacoubian, Scott Belsky, Stanley Druckenmiller, Tobias Lutke
Dec 1, 2024	Hyperbolic	$12.0M Series A	—	Alumni Ventures, M12
Nov 1, 2024	Kong	$180.0M Series E	—	Abstract Ventures, Kevin Hartz, AirAngels, Alt Capital, Andreessen Horowitz, Awesome People Ventures, Balderton Capital, C2 Investment, Citi Ventures, CRV, Earl Grey Capital, Global Innovation Fund, Gradient Ventures, Greylock, Hanabi Capital, ICONIQ Capital, Innovation Endeavors, iNovia Capital, Insight Partners, LombardStreet Ventures, Mucker Capital, Glenn Solomon, Notable Capital, Not Boring Capital, Pantera Capital, Paradigm, Propeller VC, Radical Ventures, Seed Club Ventures, Silverton Partners, Supercharge.vc, Sweater Ventures, Vibe Capital, Aaron Levie, Allison Pickens (Allison Pickens Ventures), Ameet Patel, Amit Agarwal, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christian Reber, Christina Cacioppo, Dwipal Desai, Dylan Field, Frederic Kerrest, James Beshara, Jawed Karim, Jeff Bezos, John Collison, Julia Hartz, Mark Cuban, Rob Theis, Scott Belsky, Tobias Lutke, Yoshua Bengio
Oct 1, 2024	OpenGradient	$9.0M Seed	—	6th Man Ventures, Alloy Fund, Jana Messerschmidt, Dragonfly Capital Partners, ENIAC Ventures, Founders' Co-op, Infinity Ventures Crypto, Khosla Ventures, KRM Interests LLC, Lightbank, Multicoin Capital, North Island Ventures, Nyca Partners, Polygon, Portal Ventures, Red Swan Ventures, Renegade Partners, SID Venture Partners, Trucks Venture Capital, Julian Koh, Louis Beryl, Regan Bozman
Oct 1, 2024	Perle AI	$7.0M Seed	—	Alpine Meridien, AME Cloud Ventures, David Ibnale, Battery Ventures, CoinFund, Foundation Capital, GPO Fund, Hardware Club, Humbition, iNovia Capital, RRE Ventures, Tribeca Venture Partners, Zeev Capital, Assaf Wand, Bill Tai, Erik Matlick, Frank Barbieri
Oct 1, 2024	Clout Kitchen	$4.0M Seed	—	500 Global, 6th Man Ventures, Andreessen Horowitz, AppWorks, Browder Capital, Hoxton Ventures, Infinity Ventures Crypto, Lightbank, Multicoin Capital, North Island Ventures, Octopus Ventures, Polygon, Portal Ventures, Sunset Ventures, Y Combinator, Maroof Ahmed, Regan Bozman, Yusuf Sherwani
Oct 1, 2024	Butler	$850K Seed	—	Abstract Ventures, Kevin Hartz, Andreessen Horowitz, C2 Investment, Caffeinated Capital, GoAhead Ventures, Greylock, Nascent, Pantera Capital, Paradigm, Script Capital, Seed Club Ventures, Solana Ventures, Sweater Ventures, The General Partnership, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christina Cacioppo, Cory Levy, Dylan Field, Frederic Kerrest, Jawed Karim, John Collison, Julia Hartz, Mark Cuban, Roneil Rumburg, Tobias Lutke
Sep 1, 2024	XP Health	$33.0M Series B	—	Afore Capital, Bessemer Venture Partners, Comal Ventures, DGF Investimentos, ManchesterStory Group, QED Investors, SoftBank Investment Advisers, Valor Capital Group, Oded Hermoni
Aug 1, 2024	GenLayer	$8.0M Seed	—	6th Man Ventures, Infinity Ventures Crypto, Multicoin Capital, Node Capital, North Island Ventures, Polygon, Portal Ventures, Regan Bozman
Aug 1, 2024	Space and Time	$20.0M Series A	—	Alumni Ventures, Paradigm, Polychain Capital
Jul 1, 2024	Caldera	$15.0M Series A	—	Andreessen Horowitz, Bailhe, Founders Fund, FTX Ventures, Multicoin Capital, Sequoia Capital, Wave Financial, White Loop Capital
Jul 1, 2024	Edgen	$6.0M Venture Round	—	Bankless Ventures, Infinity Ventures Crypto, Mechanism Capital, Multicoin Capital, North Island Ventures, Pioneer Fund, Polygon
Apr 1, 2024	Paraform	$4.0M Seed	—	Abstract Ventures, A* Capital (A Star Capital), Andreessen Horowitz, C2 Investment, Greylock, GSV Acceleration, Heretic Ventures, Operator Collective, Pantera Capital, Paradigm, Precursor Ventures, Seed Club Ventures, Sweater Ventures, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Christina Cacioppo, Dylan Field, Frederic Kerrest, Jawed Karim, John Collison, Julia Hartz, Mark Cuban, Tobias Lutke
Apr 1, 2024	Double	$3.0M Seed	—	Abstract Ventures, Kevin Hartz, Alt Capital, Andreessen Horowitz, AngelPad, C2 Investment, Craft Ventures, Jenny Fielding, Scott Hartley, Greylock, Matrix, Merus Capital, Openview Venture Partners, Pantera Capital, Paradigm, Pioneer Fund, Seed Club Ventures, Sweater Ventures, Aaron Levie, Arash Ferdowsi, Balaji Srinivasan, Charlie Cheever, Charlie Songhurst, Christina Cacioppo, Cristina Cordova, Dylan Field, Frederic Kerrest, Immad Akhund, John Collison, Jon Brelig, Julia Hartz, Juney Ham, Mark Cuban, Melissa Tan, Mike Hennessey, Rayn Ong, Saran Chari, Tobias Lutke, Zack Kanter
Apr 1, 2024	Camion	$3.0M Seed	—	EQT Ventures, Jenny Fielding, Scott Hartley, Outrun Ventures, Point72 Ventures, Zeroth, Pierre Lavaux

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Framework Ventures.

Leadership Team

Key people at Framework Ventures.

Deep Dive

Framework Ventures is a San Francisco-based venture capital firm specializing in early-stage investments in blockchain technologies, particularly in DeFi (decentralized finance), stablecoins, AI, and blockchain infrastructure. Their mission is to partner with founders who enable blockchain ecosystems by providing capital, expertise, and access to a global network, aiming to back industry-defining companies that shape the future of blockchain[1][3][4].

Founded in 2019 by Vance Spencer and Michael Anderson (with backgrounds at Netflix and Snapchat), Framework Ventures quickly established itself as a leading crypto-native VC firm. The firm has raised significant funds, including $100 million and $400 million crypto funds, and typically leads investment rounds with check sizes ranging from $250,000 to $40 million. Their portfolio spans multi-stage projects in blockchain and digital assets, reflecting a high-conviction approach focused on early-stage opportunities[3][4][5][6].

Origin Story

Framework Ventures was founded in 2019 by Vance Spencer and Michael Anderson, leveraging their entrepreneurial and tech backgrounds to focus on blockchain innovation. The firm emerged as one of the first crypto-native venture capital firms, capitalizing on the growing momentum of decentralized finance and blockchain infrastructure. Early success and institutional support enabled them to raise large funds and expand their focus to include stablecoins and AI alongside DeFi[3][6].

Core Differentiators

Crypto-native focus: Early and deep specialization in blockchain and crypto sectors, giving them domain expertise.
High-conviction, lead investor: Often leads rounds with substantial check sizes ($250k to $40M), signaling strong commitment.
Network and operating support: Provides founders with capital, expertise, and access to a global network of resources.
Track record: Successful investments in prominent DeFi and blockchain projects, demonstrating ability to identify winners early.
Multi-sector approach: Invests across DeFi, stablecoins, AI, and infrastructure, positioning for broad blockchain ecosystem growth[3][4][5].

Role in the Broader Tech Landscape

Framework Ventures rides the wave of blockchain and decentralized finance, sectors experiencing rapid innovation and adoption. The timing is critical as blockchain moves from niche to mainstream, with increasing institutional interest and technological maturity. Market forces such as demand for decentralized financial services, token-based networks, and blockchain infrastructure underpin their investment thesis. By backing foundational protocols and applications, Framework Ventures influences the broader ecosystem by accelerating the development and adoption of blockchain technologies[1][3][4].

Quick Take & Future Outlook

Looking ahead, Framework Ventures is poised to deepen its influence in DeFi, stablecoins, and emerging AI applications within blockchain. Trends like regulatory clarity, cross-chain interoperability, and AI integration will shape their investment focus. Their growing fund sizes and network strength suggest they will continue to lead significant rounds and help scale the next generation of blockchain startups. Framework Ventures remains a key player in defining the future of blockchain technology by supporting visionary founders at the forefront of this transformative industry[3][4].

In summary, Framework Ventures combines early crypto expertise, strong founder partnerships, and substantial capital to drive innovation in blockchain, making it a pivotal force in the evolving decentralized technology landscape.

Sources

Origin Story

Core Differentiators

Crypto-native focus: Early and deep specialization in blockchain and crypto sectors, giving them domain expertise.
High-conviction, lead investor: Often leads rounds with substantial check sizes ($250k to $40M), signaling strong commitment.
Network and operating support: Provides founders with capital, expertise, and access to a global network of resources.
Track record: Successful investments in prominent DeFi and blockchain projects, demonstrating ability to identify winners early.
Multi-sector approach: Invests across DeFi, stablecoins, AI, and infrastructure, positioning for broad blockchain ecosystem growth[3][4][5].