Vention

Montreal, Canada Founded: 2016 • Age: 10 yrs
Modular hardware and software platform for industrial automation is provided.

About Vention

Vention is an Industrial Goods & Manufacturing company based in Montreal (Canada) founded in 2016 by Max Windisch and Etienne Lacroix. Modular hardware and software platform for industrial automation is provided. Vention has raised $263.41 million across 7 funding rounds from investors including Georgian, Fidelity Investments Canada and White Star Capital. Its chief executive, as recorded, is Etienne Lacroix. Its website vention.io draws about 162 thousand monthly visits. Vention offers products and services including MachineBuilder, MachineLogic, MachineAnalytics, and MachineMotion AI. Its focus areas include Enterprise Applications, Manufacturing Tech, Robotics and Production Management Software.

Company details

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.

  • Headquarters Montreal, Canada
  • Founders Max Windisch, Etienne Lacroix
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website vention.io
  • Social LinkedIn X Facebook
Key Metrics
  • Total Equity Funding
    $263.41M (USD)

    in 7 rounds

  • Latest Funding Round
    $110M (USD), Series D

    Jan 2026

  • Investors
    Georgian

    & 9 more

Products & Services of Vention

Vention offers a comprehensive portfolio of products and services, including MachineBuilder, MachineLogic, MachineAnalytics, and MachineMotion AI.

MachineBuilder
Design Platform

Tool for quickly designing automated equipment and robot cells.

MachineLogic
Programming Platform

Software for intuitive programming and simulation of automation devices.

MachineAnalytics
Monitoring Platform

System for real-time tracking of factory performance and events.

MachineMotion AI
Control System

AI-ready controller for plug-and-play automation hardware integration.

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 $263.41M
  • Total Rounds 7
  • Last Round Series D β€” $110M
  • Investors Count 10

All 7 funding rounds of Vention with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2026$110MSeries D–Invest Quebec
Oct 2023$15MSeries C––
May 2022$95MSeries C–Georgian
Jun 2020$27.81MSeries B–Georgian
Jan 2019$12.81MSeries A–Bain Capital Ventures
Jan 2018$2.8MSeed–White Star Capital
Feb 2017Seed–Bolt, Real Ventures
–
Valuation history

10 investors in total: 10 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital is provided to expanding B2B software companies.
2008georgian.ioToronto, Canada
A global technology investment platform operating in multiple cities with a focus on venture and digital asset funds.
whitestarcapital.com
Venture capital fund focused on investing in multiple sectors
baincapitalventures.comBoston, United States
Seed-stage investments in US companies are made by Bolt.
bolt.ioBoston, United States
Early-stage venture capital is provided to Canadian technology startups by Real Ventures.
realventures.comMontreal, Canada
nventures.ai
Investment solutions are provided by Fidelity Investments Canada.
fidelity.caToronto, Canada
Offers savings plans, investments, and financing for businesses and individuals.
1983fondsftq.comMontreal, Canada
investquebec.com
desjardins.com
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Investor details for Vention

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Vention

43 people are tracked at Vention (16 in leadership, 27 in team).

NameRoleGroup
Max Windisch
Co-Founder & CTOLeadership
Etienne Lacroix
Co-Founder & CEOLeadership
Francois Giguere
VP, Automation & Application R&DLeadership
Christian Poupart
VP, Legal & Government Relations, Corporate SecretaryLeadership
Jean-François Dionne
VP, Hardware EngineeringLeadership
Brent Wells
VP, SalesLeadership
Brian McHugh
VP, SalesLeadership
Alex Koepsel
Director Of Product MarketingLeadership
Sara Tibshirani
Global Talent And Culture DirectorLeadership
Simon Turcotte-Plamondon
Director Of Strategy & Operations - Ceo's OfficeLeadership
Brendan Sterne
Chief Product OfficerLeadership
Rob Lorbetskie Cpa
Chief Financial OfficerLeadership
Kahina Lydia Koulougli
Quality DirectorLeadership
Julie Lepage
VP Of ProductsLeadership
Maxime Bélanger
Director Of Engineering Software PlatformLeadership
Melissa Keller
Lead People And Culture Business PartnerLeadership
Mélanie Martin
Product ManagerTeam
Mauricio Hernandez
Project Lead, Automation & RoboticsTeam
Andrew Jia
Software Engineering ManagerTeam
Marc-Antoine Deragon
Engineering Team Lead - Application R&dTeam

23 more people are available in the full profile.

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Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Timeline of Vention

3 dated milestones of Vention across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Vention is founded.
  2. Funding First funding round.
  3. Funding Latest funding round, Series D, of $110.0M.

Web traffic of Vention

The website of Vention (vention.io) receives about 161.6K visits a month.

  • Monthly visits
    161.6K

    ▲ 21.4% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Frequently Asked Questions about Vention

Vention was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Vention is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.

Etienne Lacroix is the CEO of Vention, as recorded in our data. They have also founded this company.

Vention is a funded company, having raised a total of $263.41M across 7 funding rounds to date.

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.

Vention offers MachineBuilder, MachineLogic, MachineAnalytics, and MachineMotion AI.

Vention has 10 investors. Key investors include Georgian, Fidelity Investments Canada, White Star Capital, Bain Capital Ventures, and Bolt.

The website of Vention receives about 162 thousand visits a month.

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