- Graduated Yale University, class of 2005. (May 2005)
- While a student at Harvard-Westlake High School, he performed leading roles in the school's drama productions, including the title character in Shakespeare's "King Lear", and "Judas" in the musical "Jesus Christ Superstar".
- He married Spencer Margaret Richmond on August 15, 2015. She is the daughter of actress Jaclyn Smith and cinematographer Anthony B. Richmond.
- Attended high school with Jake Gyllenhaal, who starred in Donnie Darko (2001), which was one of Kranz's first movies.
- Kranz attended Harvard-Westlake High School in North Hollywood, California.
- In college, Fran was a member of Suite 13 Sketch Comedy, and of the Exit Players improv comedy troupe.
- He is of German and Irish descent on his father's side, and of English, Irish, and Scottish descent on his mother's side.
- His ex-wife Spencer Margaret Richmond's godmother is actress Kate Jackson.
- Brother-in-law of Gaston Richmond.
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