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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
Founders / Decision Makers
Team member
Employees 287
Industries AI, Automation, Hardware +1
Funding Stage Series D
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Product Sales, Usage Based
Social

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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.

Business keywords: 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 $110.00M 4
Desjardins Capital Fidelity Investments Canada nVentures
Desjardins Capital, Fidelity Investments Canada +2
01 Jan 2026
Growth Equity VC $15.00M 1
Fonds de solidarité FTQ
01 Oct 2023
Series C $95.00M 5
Bain Capital Ventures White Star Capital Fidelity Investments Canada
Bain Capital Ventures, White Star Capital +3
01 May 2022
Series B $38.00M 3
Bain Capital Ventures White Star Capital
Bain Capital Ventures, White Star Capital +1
01 Jun 2020
Series A $12.80M 1
Bain Capital Ventures
Bain Capital Ventures
01 Jan 2019
Seed $3.50M 5
Real Ventures Bolt White Star Capital
Real Ventures, Bolt +3
01 Jan 2018
Angel Undisclosed 3
Real Ventures Bolt Stevens Ventures
Real Ventures, Bolt +1
01 Feb 2017
Round Undisclosed 1
Creative Destruction Lab
Creative Destruction Lab
01 Oct 2016
Spinout Undisclosed 1
University of Toronto Asset Management Corporation
University of Toronto Asset Management Corporation
01 Jul 2016

Latest News

View All
White Star Capital closes $250M Fund IV to back global startups from Series A to B — Tech
White Star Capital closes $250M Fund IV to back global startups from Series A to B
Tech Aug 05, 2026
Into the Omniverse: How OpenUSD and Digital Twins Are Powering Industrial and Physical AI — Blogs.nvidia.com
Into the Omniverse: How OpenUSD and Digital Twins Are Powering Industrial and Physical AI
Blogs.nvidia.com Nov 23, 2025

Vention Alternatives & Competitors

View All Alternatives
Vention vs
Unchained Robotics
Unchained Robotics Germany

Making robotics and industrial automation transparent and accessible.

Series A
57 employees
AI, Automation
Compare Vention vs Unchained Robotics
Vention vs
Altınay Teknoloji Grubu
Altınay Teknoloji Grubu Turkey

Provider of welding, assembly, and electric vehicle technology.

72 employees
Automation, Robotics
Compare Vention vs Altınay Teknoloji Grubu
Vention vs
Robertpack
Robertpack The Netherlands

Smarter moves, better flows. Robertpack – dé specialist in robot automatiseringsoplossingen

38 employees
Automation, Logistics
View all alternatives

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 AI, Automation, Hardware and Robotics. Its work centres on manufacturing automation, digital manufacturing, machine design and automated equipment. Its customers include Enterprises, Small and Medium Enterprises (SMEs) and System Integrators.
Vention has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Product Sales and Usage Based.
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 Unchained Robotics, Altınay Teknoloji Grubu, Robertpack, Formic, Polund GmbH. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Vention and Unchained Robotics 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.

Source: BounceWatch company record for Vention, https://bouncewatch.com/company/vention, updated 20 July 2026. When citing, please name BounceWatch and link this page.

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