Vence Overview
- Year Founded
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2016
- Status
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Acquired/Merged
- Employees
-
28
- Latest Deal Type
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M&A
- Investors
-
1
Vence General Information
Description
Developer of a livestock management platform intended to offer virtual fencing and autonomous animal control for livestock breeders. The company's platform uses sensors placed throughout a dairy barn along with GPS technology and a sound amplifier to control the movement and grazing of animals directly from a smartphone as well as offers additional insights into animal behavior, health, and fertility, enabling clients to reduce fencing and labor costs and increases protein yield.
Contact Information
Website
www.vence.ioCorporate Office
- 16885 West Bernardo Drive
- Suite 100
- San Diego, CA 92127
- United States
Corporate Office
- 16885 West Bernardo Drive
- Suite 100
- San Diego, CA 92127
- United States
Vence Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Merger/Acquisition | 30-Sep-2022 | Completed | Generating Revenue | |||
| 8. Grant | 01-Jul-2022 | Completed | Generating Revenue | |||
| 7. Later Stage VC (Series A2) | 16-Mar-2022 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series A) | 15-Mar-2021 | Completed | Generating Revenue | |||
| 5. Accelerator/Incubator | 03-Aug-2020 | Completed | Generating Revenue | |||
| 4. Early Stage VC | 26-Feb-2019 | Completed | Generating Revenue | |||
| 3. Early Stage VC | 22-Feb-2018 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2018 | $100K | Completed | Generating Revenue | ||
| 1. Accelerator/Incubator | 23-May-2017 | $100K | $100K | Completed | Generating Revenue |
Vence Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A | ||||||||
| Seed 2 | ||||||||
| Seed 1 | 714,285 | $0.000010 | $0.39 | $0.39 | 1x | $0.39 | 2.04% | |
| Seed | 3,272,726 | $0.000010 | $0.64 | $0.64 | 1x | $0.64 | 9.37% |
Vence Comparisons
Industry
Financing
Details
Vence Competitors (6)
One of Vence’s 6 competitors is HerdDogg, a Venture Capital-Backed company based in Seward, NE.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| HerdDogg | Venture Capital-Backed | Seward, NE | ||||
| Nofence | Venture Capital-Backed | Oslo, Norway | ||||
| Afimilk | Private Equity-Backed | Afikim, Israel | ||||
| ProTag | Venture Capital-Backed | Te Aroha, New Zealand | ||||
| FarmIQ | Venture Capital-Backed | Wellington, New Zealand |
Vence Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Vence Patents
Vence Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| AU-2024356286-A1 | A system and method for managing power consumption during a location determination process of a plurality of animals | Pending | 01-Oct-2023 | ||
| EP-4788131-A1 | A system and method for managing power consumption during a location determination process of a plurality of animals | Pending | 01-Oct-2023 | ||
| WO-2025075894-A1 | A system and method for managing power consumption during a location determination process of a plurality of animals | Inactive | 01-Oct-2023 | ||
| AU-2019261293-A1 | Livestock management system and method | Active | 22-Apr-2018 | ||
| AU-2019261293-B2 | Livestock management system and method | Active | 22-Apr-2018 | A01K15/023 |
Vence Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Vence Former Investors (25)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Azul Ocean Ventures | Venture Capital | Minority | ||
| Cantos Ventures | Venture Capital | Minority | ||
| Coöperatieve Rabobank | Investment Bank | Minority | ||
| Elemental Impact | Growth/Expansion | Minority | ||
| Eniac Ventures | Venture Capital | Minority |
Vence FAQs
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When was Vence founded?
Vence was founded in 2016.
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Where is Vence headquartered?
Vence is headquartered in San Diego, CA.
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What is the size of Vence?
Vence has 28 total employees.
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What industry is Vence in?
Vence’s primary industry is Electronic Equipment and Instruments.
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Is Vence a private or public company?
Vence is a Private company.
-
What is Vence’s current revenue?
The current revenue for Vence is .
-
How much funding has Vence raised over time?
Vence has raised $22.5M.
-
Who are Vence’s investors?
Azul Ocean Ventures, Cantos Ventures, Coöperatieve Rabobank, Elemental Impact, and Eniac Ventures are 5 of 25 investors who have invested in Vence.
-
Who are Vence’s competitors?
HerdDogg, Nofence, Afimilk, ProTag, and FarmIQ are some of the 6 competitors of Vence.
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When was Vence acquired?
Vence was acquired on 30-Sep-2022.
-
Who acquired Vence?
Vence was acquired by Merck & Co.
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