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
- 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
Ranked
1st among 224 active competitors
Employee Count
365 as on Jun 30, 2026
Legal entities associated with Vention
Vention is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Vention Inc. CIN: 912065-3 , Canada, Active | Dec 15, 2014 | - | - | - |
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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:
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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 |
View details of Vention's funding rounds and investors
Vention's founders and board of directors
Founder? Claim ProfileThe 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:
- Etienne Lacroix: Co-Founder & CEO of Vention. Contact Info: 1 email address
- Max Windisch: Co-Founder, CTO & CSO of Vention. Contact Info: 1 email address
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 |
View details of Vention's Founder profiles and Board Members
Vention's employee count trend
Vention has 365 employees as of Jun 26. Here is Vention's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Manufacturer of modular automation hardware and cloud based software platforms | $263M | 72/100 | ||
2nd | Palladyne AI 1983, Salt Lake City (United States), Public | Developer of an AI robotic software platform for various industries | $85.7M | 63/100 | |
3rd | Developer of 3D vision technology and AI software for industrial robots | $200M | 62/100 | ||
4th | 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 | Wandelbots 2017, Dresden (Germany), Series C | Developer of a software platform for industrial robot automation and orchestration | $126M | 57/100 | |
6th | Covariant 2017, Emeryville (United States), Series C | Developer of an AI robotics platform for warehouse automation solutions | $222M | 57/100 | |
7th | Energy Robotics 2018, Darmstadt (Germany), Series A | Provider of cloud and AI-based robotic software solutions | $17.9M | 57/100 | |
8th | Acumino 2021, Renton (United States), Seed | Provider of platform for training and testing robots | $19.5M | 54/100 | |
9th | Formant 2017, San Francisco (United States), Series B | Provider of cloud-based solution to control a fleet of robots | $45M | 48/100 | |
10th | Picknik Ai 2015, Boulder (United States), Seed | Developer of robotics application platform and manipulation libraries for automation | $2M | 47/100 |
Looking for more details on Vention's competitors? Click here to see the top ones
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
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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Digital Twins, Software Maturity Lead Manufacturing Automation TrendsSupply Chain Dive•Jul 02, 2026•ABB, Yaskawa, Eclipse Automation, Teradyne and 5 others
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Vention and FANUC America Expand Collaboration to Simplify Industrial Robot Deployment with AIRoboticstomorrow•Jun 22, 2026•Vention
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Industrial robotics startup Vention secures $110M fundingSiliconAngle•Jan 28, 2026•NVentures, Vention, Fidelity, Invest Quebec and 3 others
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Vention Advances Intelligent Manufacturing with AI and Developer PlatformPR Newswire•Oct 29, 2025•Vention
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Vention Launches Next-Generation Modular Palletizer for End-of-Line AutomationPR Newswire•Jul 14, 2025•Vention
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Vention's AI-powered automation controller, with built-in cellular, is now commercially available.
Roboticstomorrow•May 05, 2025•Vention
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