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Vention revenue is $3 million

Vention team size is 148 employees


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Vention

- Montreal, Quebec, Canada

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How Vention hit $3M Revenue with 100K customers in 2022.

Provider of a browser-based digital manufacturing platform created to design, order and assemble industrial equipment. The company's platform consists of a library of structural, motion and control components, a free cloud-based 3D Machine Builder and artificial intelligence-enabled 3D constraints, enabling users to design, order and assemble custom industrial equipment directly from a web browser easily.

Founded

2016

Founded

Revenue

$3M

2022 Revenue

YOY
-----

YOY

Funding

$48.2M

Funding


Vention Revenue

In 2022, Vention revenue run rate hit $3M in revenue.

  • 2021

    Vention hit $3M in revenue in 2021

  • 2016

    Vention launched in 2016 with $0 revenue

$3M

Vention Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2020

    Vention raised a of $31.3M

  • 2019

    Vention raised a of $14M

  • 2018

    Vention raised a of $2.9M

FUNDING DATEROUNDAMOUNTVALUATION
06/02/2020 $31.3M
01/15/2019 $14M
01/16/2018 $2.9M

Team

Vention has 148 total employees and 2 sales reps that carry a quota. They have 100000 customers an engineering team of 1 and a marketing team of 1

2021
DISTRIBUTIONQTY
Total team size
148
Engineer
1(1%)
Sales
2(1%)
Marketing
1(1%)

CEO/Founder

Etienne Lacroix

Etienne Lacroix is a business leader and entrepreneur building and turning around engineering-intensive businesses. He is the founder and CEO of Vention, a software and hardware platform that enables manufacturing professionals to automate their production in just a few days. Before Vention, Etienne spent five years at McKinsey & Company as an Associate Principal with the Operations and Product Development Practices. In this role, he led enterprise-wide strategic, operational, and turnaround programs at global industrial and high-tech companies. Before joining McKinsey, he held various positions in product management, product development, and supply chain at General Electric as part of the Technical Leadership Program. He holds an MBA from Harvard Business School and a BA in mechanical engineering from the École de Technologie Supérieure.

Q&A

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Customers

Vention has 100K customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Vention has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Vention

Monthly Revenue

$253.1K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Vention Board of Directors

NamePosition

Vention Executives

NamePosition
Etienne Lacroix CEO

Vention Employees

NamePosition
Etienne Lacroix CEO

Frequently Asked Questions about Vention

When was Vention founded?

Vention was founded in 2016.

How much revenue does Vention generate?

Vention generates $3M in revenue.

Who is the CEO of Vention?

The CEO of Vention is Etienne Lacroix.

How much funding does Vention have?

Vention was raised $48.2M.

How many employees does Vention have?

Vention has raised 148 employees.

Where is Vention headquarters?

Vention headquater is at Canada