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Key people at 7-Ventures.
7-Ventures, LLC operates as the corporate venture arm of 7-Eleven, strategically investing in and partnering with early-stage companies. This entity primarily targets startups developing consumer-facing technologies and innovative solutions, particularly within the food and beverage sectors, that naturally align with and enhance 7-Eleven's extensive retail operations. Its core function involves identifying external innovations that can be integrated to bolster the parent company's market position.
The firm was established in 2010, originating directly from 7-Eleven's corporate strategy to foster innovation externally. This initiative was born from the understanding that strategic investments in emerging technologies could effectively complement 7-Eleven's foundational mission, driving future growth and customer engagement. As a corporate venture vehicle, it serves as an extension of the parent company's innovation efforts rather than being founded by individual entrepreneurs.
7-Ventures engages with promising startups seeking both capital and strategic collaboration with a leading global retailer. Its overarching vision is to continuously integrate advanced technologies and new business models into 7-Eleven's ecosystem. This forward-looking approach aims to ensure the convenience store giant remains highly competitive and responsive to evolving consumer demands by leveraging external creativity and technological progress.
Key people at 7-Ventures.
7-Ventures has 2 tracked investments across 1 company. The latest tracked deal is $20.0M Series B in KeyMe in January 2016.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jan 1, 2016 | KeyMe | $20.0M Series B | Comcast Ventures | 2150, Blisce, Evolution Equity Partners, Foundry Group, Future Shape, Greylock, High Alpha, Hyperplane Venture Capital, Kima Ventures, Pareto Holdings, Ravelin Capital, Touchdown Ventures, Uncork Capital, Bradley Horowitz, DAN Springer, ROB Meyerson, Jens Molbak, Ravin Gandhi, Michael Brown, Polsky Family Office, Christian Hernandez |
| Apr 1, 2014 | KeyMe | $8.0M Series A | — | 2150, Blisce, Evolution Equity Partners, Future Shape, Greylock, Kima Ventures, Pareto Holdings, Uncork Capital, Bradley Horowitz, Ravin Gandhi, Battery Ventures, White Star Capital |