Vence - About the company
Vence is an acquired company based in San Francisco (United States), founded in 2016 by Jasper Holdsworth. It operates as an Animal health solutions: pharmaceuticals, vaccines, technology, and virtual fencing. Vence has raised $14.7M in funding from investors like Eniac Ventures, Tyche Partners and Shell Ventures. The company has 69 active competitors, including 20 funded and 5 that have exited. Its top competitors include companies like Nofence, Stellapps and CowManager.
Company Details
Animal health solutions: pharmaceuticals, vaccines, technology, and virtual fencing. This company is dedicated to improving animal well-being through innovative products, services, and technologies. They offer a broad portfolio, including pharmaceuticals, vaccines, and advanced systems like virtual fencing for livestock management. Their solutions cater to various segments, including animal health professionals, producers, equine owners, and pet owners. The company focuses on contributing to public health, ethical business practices, and a sustainable food supply. They are committed to caring for animals, the environment, the industry, and people through partnerships, education, and responsible solutions. Their virtual fencing technology offers a SaaS solution for livestock management, enabling ranchers to monitor and manage grazing behavior, contributing to increased production and improved land health.
- Website
- vence.io
Key Metrics
Founded Year
2016
Location
San Francisco, United States
Stage
Acquired
Total Funding
$14.7M in 4 rounds
Latest Funding Round
Investors
Ranked
4th among 69 active competitors
Employee Count
17 as on Aug 31, 2026
Exit Details
Acquired by Merck Animal Health (Sep 22, 2022)
Legal entities associated with Vence
Vence is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
VENCE CORP CIN: - , Belgium, Active | Oct 05, 2016 | - | - | - |
Vence's acquisition details
Vence got acquired by Merck Animal Health on Sep 22, 2022.
Click here to take a look at Vence's acquisition in detail
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Vence's funding and investors
Vence has raised a total funding of $14.7M over 4 rounds. Its first funding round was on Nov 03, 2017. Its latest funding round was a Series A round on Mar 16, 2022 for $*****. 2 investors participated in its latest round. Vence has 19 institutional investors.
Here is the list of recent funding rounds of Vence:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 16, 2022 | 1401228 | Series A | 8604886 | 3085260 | 6334623 | 3689919 |
Mar 15, 2021 | 9536149 | Series A | 4028732 | 2159348 | 3943846 | |
Feb 22, 2018 | 2341245 | Seed | 3510389 | 7880680 |
View details of Vence's funding rounds and investors
Vence's founders and board of directors
Founder? Claim ProfileThe founders of Vence is Jasper Holdsworth.
Here are the details of Vence's key team members:
- Jasper Holdsworth: Co-Founder of Vence and founder of 1 other company.
View details of Vence's Founder profiles and Board Members
Vence's employee count trend
Vence has 17 employees as of Aug 26. Here is Vence's employee count trend over the years:
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Vence's Competitors and alternates
Top competitors of Vence include Nofence, Stellapps and CowManager. Here is the list of Top 10 competitors of Vence, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Virtual fencing for livestock, enabling efficient and sustainable grazing management | $38.7M | 56/100 | ||
2nd | Dairy tech company digitizing and optimizing milk production, procurement, and cold chain | $66.3M | 54/100 | ||
3rd | CowManager 2008, Harmelen (Netherlands), Unfunded | Integrated platform for livestock animal monitoring and data analytics | - | - | 45/100 |
4th | Vence 2016, San Francisco (United States), Acquired | Animal health solutions: pharmaceuticals, vaccines, technology, and virtual fencing | $14.7M | 45/100 | |
5th | Herddogg 2013, Ashland (United States), Series A | Provider of integrated hardware and software solutions for livestock monitoring | $21.1M | 43/100 | |
6th | Provider of virtual fencing systems for livestock grazing management and control | $35.2M | 42/100 | ||
7th | Provider of livestock identification and tracking system | - | 42/100 | ||
8th | Provider of cattle health monitoring and dairy farm management solutions | $151K | 37/100 | ||
9th | Provider of tracking & anti-theft solution for reducing livestock theft | $8.91M | - | 37/100 | |
10th | Provider of livestock GPS tracking system | $1.64M | 36/100 |
Looking for more details on Vence's competitors? Click here to see the top ones
Vence's Investments and acquisitions
Vence has made no investments or acquisitions yet.
Reports related to Vence
Here is the latest report on Vence's sector:
News related to Vence
•
MSD Animal Health buys livestock technology companyFusoes & Aquisicoes•Dec 18, 2022•Vence, Msd Saude Animal
•
Merck Animal Health to acquire virtual fencing tech maker VenceSeeking Alpha•Sep 22, 2022•Merck Animal Health, Vence
•
Shell, Merck Animal Health back regenerative agtech Vence for carbon & traceability capabilitiesAgFunderNews•Mar 16, 2022•Vence
•
Vence raises $12m to enable rotational grazing with virtual electric fencesAgFunderNews•Apr 28, 2021•Vence
•
Pitching a wearable to make cattle farming more sustainable, Vence raises $2.7 millionTechCrunch+•Feb 22, 2018•Vence, Eniac Ventures, Rabobank
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