Predict your next investment

Venture Capital
framework.vc

See what CB Insights has to offer

Investments

11

Funds

1

About Framework Venture Partners

Framework Venture Partners is a Canadian venture capital firm founded in 2018 with the mission of helping founding teams and CEOs build world-class companies.

Framework Venture Partners Headquarter Location

47 Front St. E Suite 400

Toronto, Ontario, M5E 1B3,

Canada

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Framework Venture Partners News

08:36 ET CarDoor Raises $3M for Continued Development of Canada's Fastest Growing Online Car Retailer

Sep 15, 2021

News provided by Share this article Framework Venture Partners has led the latest round of seed financing for CarDoor's Online Platform TORONTO, Sept. 15, 2021 /CNW/ - CarDoor, Canada's fastest-growing online car retailing platform, has raised an additional $3 million in seed financing. The recent round of financing led by Framework Venture Partners will enable CarDoor to expand the online platform and service to reach across Canada in upcoming months. Matt McKenzie, Co-Founder and CEO of CarDoor (CNW Group/CarDoor) Launched in July 2021 in Toronto, CarDoor's online approach to selling cars simplifies the car buying process by offering a complete online buying and delivery concierge service to consumers. Consumers can browse a wide selection of high-quality vehicles at competitive prices and use the platform's end-to-end online e-commerce purchase experience which includes trade-ins, financing, and insurance. CarDoor also offers at-home test drives and free delivery with a standard 14-day money back guarantee, 90-day bumper to bumper warranty, and a 60-day exchange program on all vehicles. "We make car shopping easy. CarDoor is designed to make the consumer's car-buying experience enjoyable from start to finish." said Matt McKenzie, Co-Founder and CEO of CarDoor. "We strive to offer complete peace-of-mind with each purchase and this new round of funding will enable us to grow and take the platform to the next level. We're excited to expand the CarDoor experience and platform offerings to Canadian's coast to coast in the near future. "  CarDoor partners with premium dealers to ensure an extensive offering of high-quality vehicles. The free online marketplace platform enables dealers to list their inventory and participate in the digital retailing space without an additional investment in technology. "Framework Venture Partners is thrilled to be partnering with CarDoor and supporting their next stage of growth. Our team has surveyed the North American landscape of e-commerce enabled car dealers and we believe CarDoor represents a unique and powerful model providing buyers with selection and unparalleled convenience." Said Peter Misek, Co-Founder and Partner of Framework. The CarDoor platform and experience has been built with consumer wants and needs in mind. CarDoor focuses on ensuring the consumer has a positive experience as buying a car is often the largest purchase one makes all while catering to the transitioning buying habits of so many Canadians. "Our experience with CarDoor was professional, easy and enjoyable. The complete online experience worked very well, and our family is thrilled with our new car. We'll absolutely be recommending CarDoor to our friends and family." said Daina Wilkinson, CarDoor customer. To learn more about CarDoor visit  www.CarDoor.ca . About CarDoor 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 the car shopping easy for all Canadians. SOURCE CarDoor

Framework Venture Partners Investments

11 Investments

Framework Venture Partners has made 11 investments. Their latest investment was in CarDoor as part of their Seed VC on September 9, 2021.

CBI Logo

Framework Venture Partners Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/15/2021

Seed VC

CarDoor

$2.37M

Yes

1

6/30/2021

Series C

Paper

$100M

No

BDC Capital, Birchmere Ventures, Bullpen Capital, Institutional Venture Partners, Reach Capital, and Salesforce Ventures

5

3/4/2021

Series A

Countingup

$12.73M

Yes

Gresham House Ventures, and Sage

1

12/1/2020

Series B

Subscribe to see more

$99M

Subscribe to see more

10

9/9/2020

Series A

Subscribe to see more

$99M

Subscribe to see more

10

Date

9/15/2021

6/30/2021

3/4/2021

12/1/2020

9/9/2020

Round

Seed VC

Series C

Series A

Series B

Series A

Company

CarDoor

Paper

Countingup

Subscribe to see more

Subscribe to see more

Amount

$2.37M

$100M

$12.73M

$99M

$99M

New?

Yes

No

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

BDC Capital, Birchmere Ventures, Bullpen Capital, Institutional Venture Partners, Reach Capital, and Salesforce Ventures

Gresham House Ventures, and Sage

Sources

1

5

1

10

10

Framework Venture Partners Fund History

1 Fund History

Framework Venture Partners has 1 fund, including Framework Venture Partners Fund I.

Closing Date

Fund

Fund Type

Status

Amount

Sources

2/5/2019

Framework Venture Partners Fund I

Late-Stage Venture Capital

$76M

2

Closing Date

2/5/2019

Fund

Framework Venture Partners Fund I

Fund Type

Late-Stage Venture Capital

Status

Amount

$76M

Sources

2

Framework Venture Partners Team

2 Team Members

Framework Venture Partners has 2 team members, including current Founding Partner, Andrew Lugsdin.

Name

Work History

Title

Status

Andrew Lugsdin

BDC Venture Capital

Founding Partner

Current

Peter Misek

Founding Partner

Current

Name

Andrew Lugsdin

Peter Misek

Work History

BDC Venture Capital

Title

Founding Partner

Founding Partner

Status

Current

Current

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.