Vention

Vention is a Canadian industrial automation company that offers a cloud-based, self-serve digital manufacturing platform. Founded in 2016, it simplifies machine design and automation for manufacturers. Users can design, order, and commission custom industrial equipment quickly through an intuitive 3D interface. The platform features a wide range of modular parts, allowing users to create tailored machinery solutions. Vention's business model integrates machine design, parts ordering, and deployment. Users can design machines for free and only pay for the parts they order, which are often delivered the next day across the United States. The company also hosts a public marketplace where users can share and sell their machine designs. Vention aims to make industrial automation accessible and affordable, addressing challenges like labor shortages and rising production costs, empowering manufacturers to enhance their production capabilities without relying on specialized integrators.

Machinery Montreal, Canada Founded 2016 ~330 employees

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Employees
330
+1.2% in the 3 months to Jun 2025
Revenue / employee
$211K
Revenue ~$69.7M
Total funding
$157M
Last round Oct 2023
12-month attrition
20%
Tech: 19.8%
H1B sponsor
NA

Headcount trend

Vention went from 318 employees in Jul 2023 to 330 in Jun 2025. Jan to Jun 2025: 37 people joined, 22 left.

Headcount data through Jun 2025

Org structure

Headcount by department

Other117
Engineering90
Sales41
Operations30
Marketing13
HR12
Product9
Design9

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Funding

  • Oct 2023 · $15M · Fonds de solidarité FTQ
  • May 2022 · Series C · $95M · Georgian, Fidelity Investment Canada, White Star Capital
  • Jun 2020 · Series B · $38M · Georgian Partners, Bain Capital Ventures, White Star Capital
  • Jan 2019 · Series A · $17M · Bain Capital Ventures, White Star Capital, Bolt
  • Jan 2018 · Seed · $3.5M · Real Ventures, Bolt, White Star Capital
  • Feb 2017 · Seed · $2.8M · Real Ventures, Bolt, White Star Capital

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Vention FAQ

How many employees does Vention have?

Vention has about 330 employees, up 1.2% over the 3 months to Jun 2025.

What is Vention's revenue per employee?

Vention makes about $211K in revenue per employee, based on $69.7M annual revenue and 330 employees.

How much funding has Vention raised?

Vention has raised $156.58M in total funding.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.