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Ventic LLC develops and operates connected vehicle platform technologies, delivering advanced automotive connectivity solutions. The company employs a customizable, microservices-based architecture to provide service flexibility, speed, and operational efficiency. This framework facilitates rapid application deployment and dynamic rule adjustments within connected car ecosystems.
Ventic was formed as a joint venture between Volkswagen Group of America and Aeris, an IoT technology leader, in January 2020. This partnership stemmed from a conviction that robust connected vehicle technology is vital for the automotive sector's progression. The collaboration enables Volkswagen to manage its connected car programs with inherent adaptability.
The company's platform primarily serves Volkswagen brand vehicles in North America, enriching their in-car experience with advanced Car-Net features. Ventic's vision extends beyond basic remote services, aiming to enable new business models through third-party integration and establish support for vehicle-to-everything (V2X) communications, targeting pervasive vehicle connectivity.
Ventic has 1 tracked investment across 1 company. The latest tracked deal is $2.0M Seed in Saidot in October 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2023 | Saidot | $2.0M Seed | Crowberry Capital, Ventic | Amplify Partners |