Vention
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 |
---|---|---|---|---|
Revenues | 1.5m | 7.0m | 17.2m | 39.5m |
% growth | - | 367 % | 146 % | 130 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | - | ||
N/A | Angel | ||
$3.5m | Seed | ||
$12.8m | Series A | ||
* | CAD38.0m | Series B | |
* | $95.0m | Series C | |
* | $15.0m | Growth Equity VC | |
Total Funding | €140m |
Recent News about Vention
EditVention.io is a cloud-based platform that specializes in automating manufacturing processes. The company operates in the industrial automation market, serving innovative companies looking to streamline their manufacturing operations. Vention.io's platform offers a one-stop solution for designing, automating, ordering, and deploying automated equipment, reducing the complexity and effort traditionally associated with these tasks by up to 40%.
The platform's intuitive interface allows users to design manufacturing equipment in 3D directly from their web browser. It offers a library of thousands of pre-loaded modular parts that can be easily dragged and dropped onto the design. The platform also provides real-time pricing and assembly times, part recommendations, and automatic validation, simplifying the design process.
Vention.io's business model is based on providing a comprehensive solution for manufacturing automation. Clients design and order their components online, and the company ships them the next day. The platform also supports code-free programming and Python, allowing users to program, simulate, and deploy industrial automation sequences directly from their browser.
Additionally, Vention.io facilitates collaboration on industrial equipment projects, enabling teams to work efficiently from anywhere. It also streamlines digital procurement and allows users to manage access to their engineering files.
In summary, Vention.io is a comprehensive, user-friendly platform for automating manufacturing processes, from design to deployment.
Keywords: Manufacturing Automation, Cloud-Based Platform, Industrial Automation, 3D Design, Code-Free Programming, Next-Day Shipping, Collaboration, Digital Procurement, User-Friendly, Comprehensive Solution.