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Circle K Ventures operates as the corporate venture capital arm of Alimentation Couche-Tard, investing in startups. It focuses on identifying and supporting businesses developing innovative solutions to enhance the convenience store experience. Investments target technologies and services that streamline operations, improve digital customer engagement, and introduce novel retail capabilities within the Circle K ecosystem.
Established in 2020, Circle K Ventures was founded by Alimentation Couche-Tard, stemming from the insight that external innovation is crucial for the evolving retail technology landscape. The parent company recognized the need to strategically engage with emerging technologies. Jonathan Shaanan guides the fund as its Managing Director.
Solutions from Circle K Ventures' portfolio companies serve Circle K's customers, aiming for more seamless and engaging interactions. The fund's vision is to pioneer the future of convenience retail by fostering and integrating groundbreaking technologies. Through strategic partnerships, Circle K Ventures actively shapes the next generation of consumer experiences in the sector.
Key people at Circle K Ventures.
Circle K Ventures was founded in 2020 by Alain Bouchard (Chairman & Co-Founder) and Jacques D'Amours (Co-Founder) and Réal Plourde (Co-Founder and Vice President) and Richard Fortin (Co-Founder).
Key people at Circle K Ventures.
Circle K Ventures was founded in 2020 by Alain Bouchard (Chairman & Co-Founder) and Jacques D'Amours (Co-Founder) and Réal Plourde (Co-Founder and Vice President) and Richard Fortin (Co-Founder).
Circle K Ventures has 2 tracked investments across 2 companies. The latest tracked deal is $25.0M Series A in Food Rocket in April 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 26, 2022 | Food Rocket | $25.0M Series A | Circle K Ventures | — |
| Feb 1, 2021 | Jackpocket | $50.0M Series C | — | Raine Ventures, Spero Ventures, Richard Rosenblatt, David Blitzer, JON Ledecky, Sean Hayes, BRV Capital Management, Gaingels, Greenspring Associates, Gordon Rubenstein, TEGNA |