Framestore was founded in 1986 by Sharon Reed, William Sargent, Jonathan Hills, Mike McGee and Alison Turner. Tim Webber joined Framestore in 1988 and led the company's push into digital film and television, developing Framestore’s virtual camera and motion rig systems. London's first application of computers for the creation of graphics and visual effects the company's work covered award-winning images in commercials, music videos, television graphics and television drama. In 1994 its film visual effects division was set up.
In 2004 Framestore opened their first satellite office in New York City, to focus on advertising. This was followed by another office in Iceland in 2008, which has since been closed and has reopened as a local VFX company, RVX. In 2013 Framestore opened an office in Montreal, followed by another in Los Angeles the same year.