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- Vention
Vention Revenue, Valuation, Funding & Investors
Vention is valued at $1.2B as of January 2026, a 16.4x multiple on its last reported $73M revenue.
Last Vention valuation
$1.2B
Series D · Jan 2026
Last Vention funding round
$90M
Series D · Jan 2026
Vention revenue
$73M
Series D · Jan 2026
Key investors in Vention
White Star Capital
Bain Capital Ventures
Real Ventures
Bolt
Georgian
Fidelity Canada
About Vention
Vention is a Montreal-based digital platform for custom factory automation equipment design and assembly. Engineers access a library of over 1,000 modular components including frames, actuators, and sensors to build machine cells, conveyors, and robot workstations via MachineBuilder 3D software. The AI-driven tool enables ordering fully assembled systems delivered in days. Vention serves manufacturers in automotive, electronics, and logistics across North America and Europe. Launched in 2016, it partners with Rockwell Automation and has facilitated over 10,000 machines.
Founded
2016
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription, Product sales
Revenue
$73M (Jan 2026)
Valuation
$1.2B (Jan 2026)
Vention Valuation
Vention is currently valued at $1.2B, based on its Series D in January 2026.
The $90M round was led by Investissement Quebec, with participation from NVentures, Desjardins Venture Capital and Fidelity Canada.
Vention's valuation has grown 1.2x from $1B at its Series C in May 2022 to $1.2B in January 2026, across 2 priced rounds.
Vention valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Jan 2026 | Series D | $1.2B | 16.4x |
| May 2022 | Series C | $1B | - |
Vention Revenue
Vention's latest recorded revenue is $73M, as of its Series D in January 2026. At a $1.2B valuation, that implies a 16.4x revenue multiple.
Vention revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Jan 2026 | $73M | $1.2B | 16.4x | Series D |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Vention Funding History
Vention has raised a total of $244M across 6 funding rounds.
Vention's first fundraising round was a $3M seed round in January 2018. The most recent completed round was a $90M Series D in January 2026.
Vention funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2026 | Series D | Investissement Quebec (lead); NVentures; Desjardins Venture Capital; Fidelity Canada | $90M | $1.2B | Vention, a Montreal-based industrial automation company founded in 2016, provides an AI-powered full-stack platform that unifies hardware, software, and physical AI to enable manufacturers to design, program, deploy, and operate turnkey or custom automation solutions in days rather than months. The platform targets enterprise clients in sectors like automotive, aerospace, logistics, food & beverage, and consumer goods, serving as a standardized automation backbone across global plants. It supports over 25,000 machines deployed in more than 4,000 factories worldwide, with customers including Boeing, L’Oreal, and Lockheed Martin; approximately 70% of customers are in the US, 20% in Europe, and 10% in Canada. On January 27, 2026, Vention raised $110M USD ($150M CAD) in a Series D round led by Investissement Québec, with participation from Desjardins Capital, Fidelity Investments Canada ULC, NVentures (NVIDIA’s venture capital arm), and other institutions. This all-primary round, consisting largely of equity with a small credit facility, brings total funding raised to over $300M CAD. The funding aims to accelerate physical AI research for smarter robots, expand the modular hardware library and pre-engineered applications, and scale operations globally, particularly in Europe via existing German offices. Vention hit $100M CAD in annual run rate in late December 2025, reflecting strong enterprise adoption amid U.S. and global manufacturing reshoring trends. The company employs roughly 330 people and positions itself against traditional automation's complexities, which delay 60% of manufacturer investments. Vention's growth is driven by Advanced Manufacturing Teams (AMTs) using its platform for multi-site deployments, bridging the automation gap through AI-automated workflows for machine design, configuration, and programming. |
| Oct 2023 | Series A | Fonds de solidarité FTQ (lead) | $15M | - | Vention is a Quebec-based company offering the only fully integrated manufacturing automation platform. On October 10, 2023, it received a $15 million USD investment from Fonds de solidarité FTQ to pursue strong growth and democratize industrial automation, enhancing productivity and competitiveness for manufacturing companies. This investment renews the partnership, supporting high-value job creation and economic growth in Quebec. Vention targets the $180 billion industrial automation market. |
| May 2022 | Series C | Georgian (lead); White Star Capital; BDC Capital; Walter Ventures; Bain Capital Ventures; Fidelity Canada; Bolt | $95M | $1B | Vention is a Montreal-based digital manufacturing automation platform (MAP) that enables companies to design, automate, order, and deploy factory equipment using a cloud-based drag-and-drop interface with certified hardware and software components from Vention and partners. The platform targets industries like aerospace, automotive, medical devices, and food & beverage, serving over 3,000 clients by May 2022 and addressing the $180B industrial automation market where 80% of US plants lack automation. On May 10, 2022, Vention closed a $95M USD Series C round led by Georgian, with participation from new investor Fidelity Investments Canada ULC and existing backers Bain Capital Ventures, Bolt Ventures, White Star Capital, and Walter Ventures. The funding was earmarked to expand go-to-market efforts, grow global distribution with offices in Montreal, Boston, and Berlin, and accelerate hardware/software development including MachineLogic programming, MachineCloud deployment tools, FANUC palletizers, and telescopic lift columns. In 2022, Vention reported 2x booking growth, a customer base increase of over 900 companies, 2.9x automation partner revenue growth, following 964% revenue growth from 2018-2021, and added partners like Groupe MCA and robots from Universal Robots, FANUC, and Doosan. An Osler report indicated the round valued Vention at over $1B USD, reflecting strong private market demand amid cooling tech stocks. Post-Series C, Vention continued expansion with a subsequent $110M USD ($150M CAD) round backed by Investissement Québec, Desjardins Capital, Fidelity, and others to advance Physical AI, scale pre-engineered applications, and grow operations in North America and Europe. Earlier rounds included a $38M CAD raise for platform development and a $17M CAD Series A led by Bain Capital Ventures. |
| Jun 2020 | Series B | Georgian (lead); Real Ventures; White Star Capital; Bain Capital Ventures | $28M | - | Vention is a Montreal-based manufacturing automation company founded in 2016 that democratizes industrial automation through a cloud-based platform. The platform enables clients to design, program, simulate, order, and commission automated equipment in a single digital environment, significantly reducing time and cost compared to traditional industrial automation. In June 2020, Vention announced a Series B funding round of $38 million CAD led by Georgian Partners, with participation from previous investors Bain Capital Ventures and White Star Capital. The funding was intended to further develop the cloud platform, expand its library of plug-and-play automation components, and support international expansion. By 2023, Vention had achieved significant traction, ranking #29 on Deloitte's Technology Fast 50 Canada list with three-year revenue growth of 636% from 2019 to 2023, and was being used in over 1,000 factories across three continents. The company operates in the $180 billion industrial automation market. |
| Jan 2019 | Series A | Bain Capital Ventures (lead); Real Ventures; White Star Capital; Bolt | $13M | - | Vention is a Montreal-based startup that provides a cloud-based MachineBuilder 3D software platform and modular hardware library, enabling industrial manufacturing professionals to design and order custom factory equipment. On January 15, 2019, the company closed its Series A funding round led by Bain Capital Ventures, with participation from Bolt Innovation Management, Real Ventures, and White Star Capital. Sources report the round size as $13.5 million or $17 million, with proceeds allocated to accelerate software development, expand the hardware library, and launch additional solutions. |
| Jan 2018 | Seed | White Star Capital (lead); Real Ventures; Louis Tetu; Jon Stevenson; Rob Stevens; Bolt | $3M | - | Vention is a Montreal-based digital manufacturing platform specializing in machine design and automation. The company raised $3.5 million in seed-stage financing in early 2018, with participation from investors including White Star Capital. Vention later grew significantly, raising $110 million USD ($150 million CAD) in a 2026 financing round that valued the company at over $1 billion, with support from Investissement Québec, Desjardins Capital, Fidelity Investments Canada, and NVIDIA's venture capital arm (NVentures). |
Who has invested in Vention?
15 investors have backed Vention across its funding rounds, including White Star Capital, Bain Capital Ventures, Real Ventures, Bolt, Georgian and Fidelity Canada.
Lead investors include Investissement Quebec, Fonds de solidarité FTQ, Georgian, Bain Capital Ventures and White Star Capital.
Vention Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Jan 2018 | ||
| 3 | Participant | Jan 2018 | ||
| 3 | Lead | Jan 2019 | ||
| 3 | Participant | Jan 2018 | ||
| 2 | Lead | Jun 2020 | ||
| 2 | Participant | May 2022 | ||
| 1 | Lead | Oct 2023 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | Jan 2018 | ||
| 1 | Participant | May 2022 | ||
| 1 | Participant | May 2022 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | Jan 2018 | ||
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Start Free TrialVention Competitors
Vention competitors include listed companies like Zwsoft and Shenzhen Sunwin, and private ones like I-care Group, Motive, Augury and Periodic Labs.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $115M | - | $1.2B | 10.2x | ||
| Private | $600M | - | $1.2B | - | ||
| Publicly listed | $133M | $12M | $1.3B | 6.9x | ||
| Private | $100M | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Publicly listed | $20M | ($147M) | $687M | - |
Vention Public Comps
Vention is still privately-owned, but its public comps include Imdex, ZoomInfo, Braiin, Zwsoft, Nagarro, Fractal Analytics, Vitec Software, BigBear.ai, iFLYHealth and Smarter Microelectronics.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $370M | $94M | 3.7x | 3.6x | 14.6x | 11.4x | |||
| $1.2B | $326M | 2.0x | 2.1x | 7.8x | 5.1x | |||
| $73M | ($15M) | 15.8x | 13.0x | (76.1x) | 89.6x | |||
| $133M | $12M | 7.4x | 6.9x | 79.9x | 49.1x | |||
| $1.2B | $134M | 1.2x | 1.2x | 10.2x | 8.0x | |||
| $344M | $50M | 3.7x | 3.4x | 25.8x | 21.0x | |||
| $371M | $151M | 3.7x | 3.5x | 9.1x | 9.0x | |||
| $128M | ($295M) | 8.3x | 7.6x | (3.6x) | (27.8x) | |||
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Common questions about Vention
| When was Vention founded? | Vention was founded in 2016. |
| Where is Vention headquartered? | Vention is headquartered in Montreal, Canada. |
| Is Vention publicly listed? | No, Vention is a private, VC-backed company. |
| What is Vention's valuation? | Vention was last valued at $1.2B in its Series D in January 2026. |
| How much funding has Vention raised? | Vention has raised $244M across 6 funding rounds. |
| What was Vention's last funding round? | Vention's last funding round was a $90M Series D in January 2026, led by Investissement Quebec. |
| Who are Vention's investors? | Vention's investors include White Star Capital, Real Ventures, Bain Capital Ventures, Bolt, Georgian, Fidelity Canada, Fonds de solidarité FTQ, NVentures, Louis Tetu, BDC Capital and 5 others. |
| What is Vention's revenue? | Vention's latest recorded revenue is $73M (January 2026). |
| What is Vention's revenue multiple? | Vention's latest valuation implies a 16.4x revenue multiple ($1.2B valuation on $73M of revenue). |
| Which companies are comparable to Vention? | Companies comparable to Vention include I-care Group, Motive, Zwsoft, Augury, Periodic Labs and Shenzhen Sunwin. |
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