Vention logo — One platform to Design, Automate, Deploy, and Operate automa...

Vention

One platform to Design, Automate, Deploy, and Operate automated equipment

Founded 2016 Canada Montreal, Canada 287 employees Series D Total: $274.30M AI, Automation +2

General Information

Company Name Vention
Founded Year 2016
Location Canada Montreal, Canada +2
Founders / Decision Makers
Team member
Employees 287
Industries AI, Automation, Hardware +1
Funding Stage Series D
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About Vention

Vention, founded in 2016, is a pioneering force in the field of manufacturing automation. With its headquarters in Canada, the company provides an online-first Manufacturing Automation Platform (MAP), allowing clients to seamlessly design, automate, deploy, and operate equipment via their web browser. This innovative approach has attracted significant attention and propelled Vention into over 2,000 factories across 5 continents.

The startup operates at the intersection of key industries: AI, Automation, Hardware, and Robotics. In May 2022, Vention secured a substantial $95.00M Series C investment from a consortium of prominent investors, including Bain Capital Ventures, Bolt, Georgian Partners, Fidelity Investments Canada, Walter Ventures, White Star Capital, and BDC Venture Capital. These endorsements underscore Vention’s strategic potential and rapid scalability in revolutionizing factory automation processes globally.

Taxonomy: manufacturing automation, digital manufacturing, machine design, automated equipment, robot cells, tooling, conveyors, cloud-based CAD, industrial automation, cobots, mechanical engineering, cloud robotics, AI-enabled technology, modular parts, production floor automation

Services & Products

AI-powered automation platform
CAD software for factory equipment design
Cloud-based collaboration and deployment
On-demand remote support
Modular hardware ecosystem
Programming and simulation for robotics
Pre-engineered robot cells and applications
Performance monitoring with analytics

Target Customers

Enterprises Small and Medium Enterprises (SMEs) System Integrators Research Laboratories Manufacturing Plants

Funding Rounds & Investors (9)

View All
Funding Stage Amount Investors Lead Investors Date
Series D •••••• 4
Investor Investor Investor Investor
01 Jan 2026
Growth Equity Vc •••••• 1 •••• •••• 01 Oct 2023
Series C •••••• 5
Investor Investor Investor Investor
•••• ••••
01 May 2022
Series B •••••• 3
Investor Investor
•••• ••••
01 Jun 2020
Series A •••••• 1
Investor
01 Jan 2019

View All 9 Funding Rounds

Vention Alternatives & Competitors

View All Alternatives
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FAQ About Vention

One platform to Design, Automate, Deploy, and Operate automated equipment
Vention was founded in 2016.
Vention is headquartered in Montreal, Canada.
Vention operates in the following industries: AI, Automation, Hardware, Robotics.
Vention has approximately 287 employees.
Vention has completed 9 funding rounds, raising a total of $274.30M. The latest funding stage is Series D.
Vention offers: AI-powered automation platform, CAD software for factory equipment design, Cloud-based collaboration and deployment, On-demand remote support, Modular hardware ecosystem, Programming and simulation for robotics, Pre-engineered robot cells and applications, Performance monitoring with analytics.
Top alternatives and competitors to Vention include RYAM, Beauce Atlas, ERM Automatismes, RPC, Optessa | Division of Eyelit Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Vention and RYAM are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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