About Vention
Vention is a company based in Montreal (Canada) founded in 2016 by Max Windisch and Etienne Lacroix.. Vention has raised $263.41 million across 7 funding rounds from investors including Georgian, Fidelity Investments Canada and White Star Capital. Vention offers products and services including MachineBuilder, MachineLogic, MachineAnalytics, and MachineMotion AI. Vention operates in a competitive market with competitors including Onshape, Tech Soft, Cove.tool, ITI and Bezi, among others.
- Headquarter Montreal, Canada
- Founders Max Windisch, Etienne Lacroix
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Sectors
Industrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$263.41 M (USD)
in 7 rounds
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Latest Funding Round
$110 M (USD), Series D
Jan 27, 2026
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Investors
Georgian
& 9 more
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Employee Count
Employee Count
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Products & Services of Vention
Vention offers a comprehensive portfolio of products and services, including MachineBuilder, MachineLogic, MachineAnalytics, and MachineMotion AI. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool for quickly designing automated equipment and robot cells.
Software for intuitive programming and simulation of automation devices.
System for real-time tracking of factory performance and events.
AI-ready controller for plug-and-play automation hardware integration.
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Funding Insights of Vention
Vention has successfully raised a total of $263.41M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $110 million completed in January 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series D — $110.0M
- First Round First Round
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2026 | Amount | Series D - Vention | Valuation | Invest Quebec | |
| Oct, 2023 | Amount | Series C - Vention | Valuation |
investors |
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| May, 2022 | Amount | Series C - Vention | Valuation | Georgian |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Vention
Vention has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Georgian, Fidelity Investments Canada and White Star Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is provided to expanding B2B software companies.
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Founded Year | Domain | Location | |
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A global technology investment platform operating in multiple cities with a focus on venture and digital asset funds.
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Founded Year | Domain | Location | |
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Venture capital fund focused on investing in multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Vention
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Vention
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vention Comparisons
Competitors of Vention
Vention operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Onshape, Tech Soft, Cove.tool, ITI and Bezi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based 3D CAD system is accessed via web browsers.
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| domain | founded_year | HQ Location |
Provide 3D designing softwares for developers
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| domain | founded_year | HQ Location |
AI and web-based platform for AEC building design is utilized.
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| domain | founded_year | HQ Location |
CAD data migration, validation, and integration solutions are provided.
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| domain | founded_year | HQ Location |
3D design platform enabling whiteboarding, prototyping, collaboration, and handoffs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Vention
Frequently Asked Questions about Vention
When was Vention founded?
Vention was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Vention located?
Vention is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of Vention?
Etienne Lacroix is the current CEO of Vention. They have also founded this company.
Is Vention a funded company?
Vention is a funded company, having raised a total of $263.41M across 7 funding rounds to date. The company's 1st funding round was a Series C of $95M, raised on Feb 22, 2017.
What does Vention do?
Founded in 2016 in Montreal, Canada, the company operates in the industrial automation sector. A modular hardware and software platform is offered, encompassing tools for design, simulation, deployment, and operation. Modular parts libraries and pre-designed templates are available for applications such as palletizing, sanding, welding, and tending. AI-powered vision systems and remote support features are also included.
Who are the top competitors of Vention?
What products or services does Vention offer?
Vention offers MachineBuilder, MachineLogic, MachineAnalytics, and MachineMotion AI.
Who are Vention's investors?
Vention has 10 investors. Key investors include Georgian, Fidelity Investments Canada, White Star Capital, Bain Capital Ventures, and Bolt.
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