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Oct '25 - 600 MSPs on waitlist, Lisbon launch week, raise planned Jan '26

Update #4

COMMUNITYMSPOPENFRAMEPLATFORM UPDATES

October 2025 - October 2025

Reporting Period

June 5, 2026

Published

Michael Assraf

Michael Assraf

Founder and CEO

Hi Everyone,

I hope this message find you well.

Highlights

  • Waitlist momentum: We blew past our 150 goal - 600 validated MSPs on the OpenFrame waitlist.
  • Community traction: 100 MSPs in the OpenMSP Slack and 70 registered to OpenMSP.

Release Plan

OpenFrame Release Plan (PDF)

  1. Alpha (Oct-Nov): Partnering with 1-5 design partners to stabilize core workflows.
  2. Beta (Nov-Jan): Out of stealth; wave-based access codes to the waitlist as we scale capacity.
  3. Launch (End of Jan '26): Full product launch with billing enabled.
Figma Design

PR & Launch Week

  • PR announcement: October 28.
  • Team on site: Gathering in Lisbon for announcement week - to respond quickly to feedback and celebrate ~5 months of intense build.
  • Second wave of access codes goes out the same week to convert waitlist interest into active usage.

Fundraising

  • Planning to raise a new round the week of Jan 4 or Jan 11, 2026 (post-beta signal, pre-billing).
  • We are not taking investor calls yet while we finalize the deck and stay focused on execution.

Financials

  • Burn: Increased from $65-70k/mo to $80-85k/mo, driven by DevOps & automation QA hiring and community marketing support.
  • Cash: We remain in a strong position; plan is to reach January with a solid cohort of onboarded MSPs to carry momentum into the raise.

Near-Term Focus (next 30-60 days)

  • Ship alpha; hit stability targets with design partners.
  • Execute Oct 28 PR + Lisbon launch week; convert waitlist via wave-based access.
  • Finalize the investment deck and KPIs for January conversations.

LFG,
Michael 🦩

Key Metrics

OpenMSP Slack Members
+200%
171
vs previous:57
OpenFrame Waitlist Signups
+93.3%
1.0K
vs previous:535

Michael Assraf

Founder and CEO

Serial tech entrepreneur with over 15 years of experience and deep knowledge of MSP partnerships and operations. A decade ago he founded a cybersecurity company that continues to protect and support MSPs today, sharpening his insight into the challenges service providers face.

What We've Been Up To

Product Releases

Oct '25 - 600 MSPs on waitlist, Lisbon launch week, raise planned Jan '26 | Flamingo Company Hub