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Vention - About the company

Vention is a series D company based in Montreal (Canada), founded in 2016 by Etienne Lacroix and Max Windisch. It operates as a Manufacturer of modular automation hardware and cloud based software platforms. Vention has raised $263M in funding from investors like Georgian, Bain Capital Ventures and Real Ventures. The company has 224 active competitors, including 37 funded and 12 that have exited. Its top competitors include companies like Palladyne AI, Mech-Mind and Viam.

Company Details

Manufacturer of modular automation hardware and cloud based software platforms. This business provides integrated systems for factory floor operations, including mechanical components such as extrusions, actuators, and conveyors. The software suite enables users to design, program, simulate, and monitor automated machinery through a digital interface. These tools facilitate the assembly and deployment of robotic cells and material handling equipment. The platform supports remote monitoring and diagnostic capabilities for industrial machinery.
Website
vention.io
Social
XFacebook
Email ID
*****@vention.cc
Phone Number
+1 **********
Registered Address
4338 av. Royal, Montréal
Key Metrics
Founded Year
2016
Location
Montreal, Canada
Stage
Series D
Total Funding
$263M in 7 rounds
Latest Funding Round
Investors
Ranked
Employee Count
365 as on Jun 30, 2026
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Vention's funding and investors

Vention has raised a total funding of $263M over 7 rounds. Its first funding round was on Feb 22, 2017. Its latest funding round was a Series D round on Jan 27, 2026 for $*****. 4 investors participated in its latest round. Vention has 14 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Vention:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 27, 2026
2087616
Series D
8509146
7665962
8919871
5870250
Oct 10, 2023
4359070
Series C
9371220
4930506
2751346
May 10, 2022
3529367
Series C
2525281
8723949
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Vention's founders and board of directors

Founder? Claim Profile
The founders of Vention are Etienne Lacroix and Max Windisch. Etienne Lacroix is the CEO of Vention.
Here are the details of Vention's key team members:

Vention's Board of Directors

Vention's board has 5 active members. Ajay Agarwal, Étienne Lacroix, Jean-françois Marcoux, Max Windisch and Emily Walsh are independent board members.
Here is the list of Vention's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
6y 3m
vljhjym
Independent board member
-
Current
5y 3m
miyafmd
Independent board member
-
Current
8y 6m
yboomiz
Independent board member
-
Current
8y 2m
pmuglrh
Independent board member
-
Current
2y 2m

Vention's employee count trend

Vention has 365 employees as of Jun 26. Here is Vention's employee count trend over the years:
Employee count trend for Vention
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Vention's Competitors and alternates

Top competitors of Vention include Palladyne AI, Mech-Mind and Viam. Here is the list of Top 10 competitors of Vention, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Vention
Vention
2016, Montreal (Canada), Series D
Manufacturer of modular automation hardware and cloud based software platforms
$263M
72/100
2nd
Logo for Palladyne AI
Palladyne AI
1983, Salt Lake City (United States), Public
Developer of an AI robotic software platform for various industries
$85.7M
63/100
3rd
Logo for Mech-Mind
Mech-Mind
2016, Haidian (China), Series C
Developer of 3D vision technology and AI software for industrial robots
$200M
62/100
4th
Logo for Viam
Viam
2020, New York City (United States), Series C
Software platform for robotics and AI to build smart machines across industries
$117M
58/100
5th
Logo for Wandelbots
Wandelbots
2017, Dresden (Germany), Series C
Developer of a software platform for industrial robot automation and orchestration
$126M
57/100
6th
Logo for Covariant
Covariant
2017, Emeryville (United States), Series C
Developer of an AI robotics platform for warehouse automation solutions
$222M
57/100
7th
Logo for Energy Robotics
Energy Robotics
2018, Darmstadt (Germany), Series A
Provider of cloud and AI-based robotic software solutions
$17.9M
57/100
8th
Logo for Acumino
Acumino
2021, Renton (United States), Seed
Provider of platform for training and testing robots
$19.5M
54/100
9th
Logo for Formant
Formant
2017, San Francisco (United States), Series B
Provider of cloud-based solution to control a fleet of robots
$45M
48/100
10th
Logo for Picknik Ai
Picknik Ai
2015, Boulder (United States), Seed
Developer of robotics application platform and manipulation libraries for automation
$2M
47/100
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Vention's Investments and acquisitions

Vention has made no investments or acquisitions yet.

Reports related to Vention

Here is the latest report on Vention's sector:

News related to Vention

lockFilter this list
Media has covered Vention for a total of 11 events in the last 1 year, 7 of them have been about company updates and 3 about partnerships.
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FAQs about Vention

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