Framework Venture Partners

Framework Venture Partners is a Toronto-based venture capital firm established in 2018 by Andrew Lugsdin and Peter Misek. The firm focuses on assisting founding teams and CEOs in building high-quality companies by utilizing a distinctive data-driven investment approach. Additionally, it emphasizes a collaborative engagement model that supports entrepreneurs and executives in scaling their businesses within high-growth global market segments. Through its strategic guidance and resources, Framework Venture Partners aims to foster the development of world-class enterprises.

Michael Dobbins

Venture Partner

Amy Dyck

Associate

Ajay Gopal

Partner

Jonathan Jennings

Associate

Boyang Li

Associate

Michel Lozeau

Venture Partner

Andrew Lugsdin

Co-Founder and Partner

Peter Misek

Co-Founder and Partner

Jim Texier

Partner

24 past transactions

Brizo Data

Series A in 2023
Brizo FoodMetrics is a leading data and analytics provider for the foodservice industry. Brizo helps the most competitive restauranteurs and restaurant vendors make better informed decisions and win their market.

Bonsai

Series A in 2022
Bonsai’s mission is to help people find and buy the products they want, as soon as they realize they want them. The company began in 2016 as a streetwear style and news app and turned into content-driven commerce. Bonsai is partnered with 30 publishers and has integrated 1,200 brands. The company's technology enables users to transact natively while browsing content. It makes the journey from seeing a product to buying it possible in two taps. Bonsai allows merchants to capture customers while they browse content, right when purchasing intent is being formed.

MaxSold Incorporated

Series B in 2022
MaxSold Incorporated is a goods sell easily and profitably from an estate

PAPER

Series D in 2022
Improve student achievement and teacher effectiveness with the leading Educational Support System. Leading school districts make Paper part of their strategic plan. Whether you need to support a high ELL population, improve math/English proficiency, reduce teacher turnover, or address opportunity gaps in a diverse socio-economic community, Paper helps you reach your district goals. Educational Equity Like Never Before Paper is the first comprehensive Educational Support System (ESS) featuring live help and writing feedback for students paired with real-time feedback and intervention tools for teachers.

AI Arena

Seed Round in 2021
AI Arena is a developer of play-to-earn games that combines artificial intelligence with gaming experiences. The platform allows users to own and train unique fighters represented as non-fungible tokens (NFTs), each possessing attributes like power, speed, and accuracy. These fighters are enhanced with artificial neural networks, which facilitate the development of AI intuition and literacy among players. Users engage in battles within the Arena, competing for supremacy while earning rewards through their gameplay. AI Arena emphasizes the integration of human and AI collaboration, providing an innovative mode of entertainment that fosters both gaming and technological engagement.

CarDoor

Seed Round in 2021
CarDoor is a Toronto-based technology company that is transforming the way people buy cars. CarDoor offers high-quality certified vehicles at great prices through a fully online customer experience. At CarDoor.ca, customers browse inventory online, buy the car that's right for them, trade in their current vehicle, and enjoy effortless at-home delivery. CarDoor is committed to making car shopping easy for all Canadians.

PAPER

Series C in 2021
Improve student achievement and teacher effectiveness with the leading Educational Support System. Leading school districts make Paper part of their strategic plan. Whether you need to support a high ELL population, improve math/English proficiency, reduce teacher turnover, or address opportunity gaps in a diverse socio-economic community, Paper helps you reach your district goals. Educational Equity Like Never Before Paper is the first comprehensive Educational Support System (ESS) featuring live help and writing feedback for students paired with real-time feedback and intervention tools for teachers.

Incode

Series A in 2021
Incode Technologies Inc. is a digital identity company specializing in biometric identity solutions that enhance customer experiences across banking, payments, hospitality, and retail sectors. The company has developed Incode Omni, an omnichannel platform that leverages artificial intelligence to provide secure identity verification through facial recognition and government-issued IDs. Its product suite includes Incode Hello, a chat and video conference solution; Incode Welcome, for applying for bank accounts or credit cards; Incode Facepay, a facial recognition payment system; Incode Talk, for app authentication; and Incode Greet. Founded in 2015 and headquartered in San Francisco, Incode operates globally, with additional offices in Europe and Latin America. The company is recognized for its enterprise-grade facial recognition capabilities and serves some of the world's largest banks, financial institutions, and retailers, setting a high standard for convenience and security in digital identity verification.

Countingup

Series A in 2021
Countingup is a UK-based financial technology company that combines banking and accounting services into a single, user-friendly application. It simplifies financial management for small businesses by providing an integrated platform that allows users to manage their banking and accounting tasks seamlessly. The app is designed to be straightforward and efficient, enabling users to complete business tasks quickly without the complexity typically associated with traditional banking and accounting solutions. By focusing on ease of use, Countingup aims to transform how small businesses handle their financial operations, positioning itself as a leader in the fintech sector.

PAPER

Funding Round in 2020
Improve student achievement and teacher effectiveness with the leading Educational Support System. Leading school districts make Paper part of their strategic plan. Whether you need to support a high ELL population, improve math/English proficiency, reduce teacher turnover, or address opportunity gaps in a diverse socio-economic community, Paper helps you reach your district goals. Educational Equity Like Never Before Paper is the first comprehensive Educational Support System (ESS) featuring live help and writing feedback for students paired with real-time feedback and intervention tools for teachers.

Attunely

Series A in 2020
Attunely produces a machine learning model for debt collection, decreasing waste, and improving recovery yield. The company has developed behavioral and economic models trained and tested on over 100 million interactions and decades of collection history. It offers a proven, compliant, and trustworthy machine learning platform that makes the recovery of receivables easy, seamless, and profitable. Attunely was founded in 2018 and is headquartered in Seattle, Washington, USA.

Attunely

Series A in 2020
Attunely produces a machine learning model for debt collection, decreasing waste, and improving recovery yield. The company has developed behavioral and economic models trained and tested on over 100 million interactions and decades of collection history. It offers a proven, compliant, and trustworthy machine learning platform that makes the recovery of receivables easy, seamless, and profitable. Attunely was founded in 2018 and is headquartered in Seattle, Washington, USA.

Food.ee

Venture Round in 2020
Food.ee is a fun and simple service which delivers meals, snacks, cakes and alcohol to your office! All you need to do it 1. Pick a price point 2. Choose your food type 3. Build a menu. Its that easy.

Checkfront

Series A in 2020
Checkfront, Inc. develops cloud-based booking management application and e-commerce platform to tour providers, accommodation managers, and rental businesses in Canada and internationally. Its platform enables customers to manage their businesses, such as activities, tours, accommodations, events, rentals, and more, as well as process reservations and track customers. The company was incorporated in 2008 and is based in Victoria, Canada with an additional office in Vancouver, Canada.

Daisy Intelligence

Series A in 2019
Daisy Intelligence Corporation specializes in artificial intelligence software solutions tailored for the retail and insurance industries. Founded in 2003 and based in Vaughan, Canada, the company transforms transaction log data into actionable recommendations for promotions, pricing, and inventory forecasting. By analyzing operational and transaction data, Daisy Intelligence enables retailers to enhance logistics, operational effectiveness, and revenue while minimizing stock-outs and improving transaction sizes. Additionally, the company provides services for insurance clients, focusing on fraud detection and AI-powered underwriting. This approach helps identify fraudulent claims and networks before reimbursement, thereby improving accuracy and reducing the incidence of false positives.

FlipGive

Series A in 2019
FlipGive helps brands acquire new customers & drive loyalty. Our team funding app allows our members to pool their spend as a group to earn cash from everyday shopping spend. We're aggregating the traditionally fragmented youth sports market to create a direct digital channel between our 700+ merchant partners & the North American youth sports market.

Klue

Seed Round in 2017
B2B SaaS providing market and competitive intelligence. Helps sales, and the teams that enable them, leverage competitive intelligence to win more business. It was founded in 2015 by Jason Smith and Sarathy Naicker and is headquartered in Vancouver, Canada.

Mobify

Series A in 2016
Mobify is the #1 provider of Progressive Web Apps for eCommerce for retailers and brands that want to close the gap between desktop and mobile conversion rates, keep up with customer expectations and win loyal customer relationships. The Mobify platform delivers a unified customer experience across mobile web and apps, while building customer relationships through push notifications and store drivers. Leading global brands including Lancôme, Crabtree & Evelyn, Paula’s Choice, Carnival Cruise Line, London Drugs, Burlington, PureFormulas, Superdry, Columbia, eXtra Electronics, and ThinkGeek generate extensive revenue through the Mobify Platform and rely on Mobify to grow their customer lifetime value.

Diply

Venture Round in 2015
Launched in 2013, Diply is a leading social entertainment publisher that creates captivating content for millennials. Through serving its 68+ million social fans with fun, fresh stories daily, Diply generates five billion social impressions and one billion video views on Facebook monthly. Diply is a top 10 Lifestyle property and the 85th largest site in the U.S. with 42+ million monthly readers. Headquartered in London, Ontario, Diply has offices in New York, Chicago, Los Angeles, and Toronto.

Elastic Path

Venture Round in 2015
Proven Scalability. Proven Resiliency. Proven Capability. Elastic Path customers are innovators who seek the ultimate in flexibility and business agility. We help these innovators generate billions in revenue with our patented ecommerce technologies. Elastic Path's flexible enterprise commerce software seamlessly brings omnichannel e-commerce directly into marketing clouds and experience management platforms — enabling a complete digital customer journey that maximizes engagement and drives higher revenue. Our flexible and open platform enables our customers to rapidly adapt in an increasingly complex and changing world.

TouchBistro

Series A in 2015
TouchBistro, Inc. develops iPad-based point of sale (POS) solutions tailored for restaurants, cafes, bars, food trucks, and other food and beverage venues. The company offers a variety of specialized systems, including Restaurant POS for billing and payments, Food Truck POS for mobile operations, and Coffee Shop POS for efficient order management. TouchBistro's solutions enhance operational efficiency by allowing servers to take orders directly from customers and submit them instantly to the kitchen or bar, thereby reducing errors associated with traditional order entry methods. Additionally, the company provides a range of complementary products such as TouchBistro Reservations for guest management, cloud reporting and analytics tools, and a Kitchen Display system. Founded in 2010, TouchBistro is headquartered in New York, with an additional office in Toronto, and its products are available through the Apple App Store in the United States and internationally.

Wattpad

Series C in 2014
Wattpad Corp. operates an online platform that fosters a global community of readers and writers, enabling storytelling as a social and interactive experience. Founded in 2006 and based in Toronto, Canada, Wattpad connects over 65 million users who collectively engage with original stories for more than 20 billion minutes each month. The flagship app allows users to read, write, and share stories in multiple languages, while also enabling collaboration and feedback through comments and multimedia. In addition to the main platform, Wattpad offers Tap, a product featuring short, chat-based stories. Wattpad Studios collaborates with industry partners to adapt stories for film, television, and print, and Wattpad Brand Solutions provides advertising services aimed at engaging Millennial and Gen Z audiences. Through its innovative use of community and technology, Wattpad aims to entertain and connect people worldwide through diverse storytelling formats.

Trulioo

Series A in 2014
Trulioo Information Services Inc. is a global leader in identity verification, providing an online portal tailored for the online payments industry. Founded in 2009 and headquartered in Vancouver, Canada, with additional offices in Dublin and San Francisco, Trulioo operates a Digital Identity Network that enables businesses to verify identities efficiently and securely. Their GlobalGateway solution offers access to a vast array of data sources, covering over 5 billion individuals and 250 million companies, facilitating compliance with anti-money laundering and know-your-customer regulations. The platform employs both traditional data, like public records and credit files, and alternative data from social networks and mobile applications to ensure accuracy and reliability in identity verification. Trulioo serves a variety of sectors, including e-commerce, finance, banking, retail, insurance, gaming, and social media, while adhering to stringent security and privacy standards.

Wave

Series A in 2011
Wave is a company dedicated to improving the operations of small businesses by offering a range of financial management tools. Founded in 2009 and headquartered in Toronto, Canada, Wave provides free services that include accounting, invoicing, and payroll, along with affordable credit card processing solutions. With over 3 million small business owners across more than 200 countries utilizing its platform, Wave focuses on supporting micro and small businesses in managing their financial needs effectively.