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 Provider of a modular hardware and software platform for industrial automation. Vention has raised $263M in funding from investors like Georgian, Bain Capital Ventures and Real Ventures. The company has 162 active competitors, including 31 funded and 7 that have exited. Its top competitors include companies like Covariant, Palladyne AI and Mech-Mind.
Company Details
Provider of a modular hardware and software platform for industrial automation. The platform offers design, simulation, deployment, and operation tools. It provides a library of modular parts and pre-designed templates for various applications like palletizing, sanding, welding, and tending. The platform also offers AI-powered vision systems and remote support capabilities.
- Website
- vention.io
- Social
- 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 162 active competitors
Employee Count
354 as on Mar 31, 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 13 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Vention:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 27, 2026 | 1421052 | Series D | 2275303 | 1142629 | 5244006 | 7852510 |
Oct 10, 2023 | 6249143 | Series C | 6497000 | 8411636 | 3762566 | |
May 10, 2022 | 2159469 | Series C | 6930423 | 4425275 |
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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 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 0m | |
kpoieyb | Independent board member | - | Current | 1y 6m |
qmixwla | Independent board member | - | Current | 5y 2m |
vvpxkj{ | Independent board member | - | Current | 9y 1m |
vzoasmv | Independent board member | - | Current | 4y 9m |
View details of Vention's Founder profiles and Board Members
Vention's employee count trend
Vention has 354 employees as of Mar 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 Covariant, Palladyne AI and Mech-Mind. 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 | Provider of a modular hardware and software platform for industrial automation | $263M | 72/100 | ||
2nd |  Covariant 2017, Emeryville (United States), Series C | Developer of an AI robotics platform for warehouse automation solutions | $222M | 68/100 | |
3rd |  Palladyne AI 1983, Salt Lake City (United States), Public | Developer of an AI robotic software platform for various industries | $85.7M | 62/100 | |
4th | Developer of 3D vision technology and AI software for industrial robots | $200M | 62/100 | ||
5th | Wandelbots 2017, Dresden (Germany), Series C | Developer of a software platform for industrial robot automation and orchestration | $126M | 58/100 | |
6th |  Viam 2020, New York City (United States), Series C | Software platform for robotics and AI to build smart machines across industries | $117M | 58/100 | |
7th |  Energy Robotics 2018, Darmstadt (Germany), Series A | Provider of cloud and AI-based robotic software solutions | $17.9M | 56/100 | |
8th |  BOW 2020, Sheffield (United Kingdom), Seed | Robotics software platform | $4.99M | 53/100 | |
9th |  Picknik Ai 2015, Boulder (United States), Seed | Developer of robotics application platform and manipulation libraries for automation | $2M | 52/100 | |
10th |  Acumino 2021, Renton (United States), Seed | Provider of platform for training and testing robots | $6.5M | 51/100 |
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Vention's Investments and acquisitions
Vention has made no investments or acquisitions yet.
News related to Vention
Filter this listMedia has covered Vention for a total of 8 events in the last 1 year, 7 of them have been about company updates.
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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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Vention Unveils AI-Powered Bin Picking that Transforms Robots into Reliable, Autonomous OperatorsRoboticsTomorrow•Mar 19, 2025•Vention, Nvidia, McAlpine Plumbing
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