Vention
Montreal, Quebec, Canada
How Vention hit $13.6M revenue and 100K customers in 2023.
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.
2016
Founded
$13.6M
2023 Revenue
173.2%
YOY
$48.2M
Funding
Vention Revenue
In 2023, Vention revenue run rate hit $13.6M in revenue.
-
2023
Vention hit $13.6M in revenue in 2023
-
2021
Vention hit $3M in revenue in 2021
-
2016
Vention launched in 2016 with $0 revenue
Vention Funding History
-
2020
Vention raised a of in June, 2020
-
2019
Vention raised a of in January, 2019
-
2018
Vention raised a of in January, 2018
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| June, 02 2020 | |||
| January, 15 2019 | |||
| January, 16 2018 |
Team
Vention has 285 total employees and 2 sales reps that carry a quota. They have 100,000 customers an engineering team of 1 and a marketing team of 1.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 285 |
| Engineer | 1 (0%) |
| Sales | 2 (1%) |
| Marketing | 1 (0%) |
Founder / CEO
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
-
What's your age?
-
-
Favorite online tool?
-
-
Favorite book?
-
-
Favorite CEO?
-
-
Advice for 20 year old self
-
Customers
Churn
Vention Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Etienne Lacroix | CEO | [email protected] | - |
Vention Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Etienne Lacroix | CEO | [email protected] | - |
Frequently Asked Questions about Vention
-
When was Vention founded?
Vention was founded in 2016.
-
How much revenue does Vention generate?
Vention generates $13.6M in revenue.
-
Who is the CEO of Vention
The CEO of Vention is Etienne Lacroix.
-
How much funding does Vention have?
Vention raised $48.2M.
-
How many employees does Vention have?
Vention has 285 employees.
-
Where is Vention headquarters?
Vention is headquartered at Montreal, Quebec, Canada
People Also Viewed
Locus Technologies
Locustec is a software company that provides environmental software solutions for organizations to proactively manage their environmental compliance and sustainability performance. Their software helps clients track and report on environmental data, manage regulatory compliance, and improve their environmental sustainability practices.
Unito
Solve your workflow problems with Unito! Sync popular project management tools together and optimize collaboration across tools, teams and projects.
ZenChef
Zenchef (formerly 1001menus) is the easiest marketing and booking system for restaurants, and is an all-in-one marketing SaaS that helps restaurants attract customers and increase loyalty.
QikServe
QikServe is the enterprise platform for guest self-service in hospitality.
Revenuecat
RevenueCat is a technology company that provides a platform for mobile app developers to manage in-app subscriptions and purchases. The company's platform allows app developers to easily integrate and manage subscriptions and other revenue-generating features across multiple app stores and platforms, including Apple's App Store and Google Play. RevenueCat's platform also provides analytics and insights to help developers optimize their revenue strategies. The company is based in San Francisco, California and was founded in 2017.
Eventbase
Provider of an enterprise event app platform that scales from global conferences to small events. The company's event management application offers customizable branding and design, and attendee-focused engagement tools that make it easy for event organizers to deliver a secure, branded digital event experience to all of their attendees, from global conferences to small roadshows and corporate events, enabling enterprise customers to better understand and shape the journey of their attendees.