Details

Industries

Retail

Founded date

Jan 1, 2013

Operating Status

Active

Investor Type

CVC

7-Ventures is focused on learning about new products, services and transformational business models that can create marketplace disruptions and enable 7-Eleven’s core business with unique strategic levers for our continued sustainability and accelerated growth. Digital first or digitally-enabled technologies with defendable competitive advantages are favored. Our current areas of interest include: Loyalty & Rewards, Financial Services and On-Demand Delivery.

7-Eleven joins the growing number of large corporations with venture capital funds, including Google, Intel and Samsung, amid a decline in traditional venture capital investments. Corporate provides all the resources, knowledge and distribution, and the entrepreneurs provide the ideas, new technology and that agility to bring concepts to market quickly.We are not only your corner store, we are a global brand. 7-Eleven—the world’s largest convenience retailer—operates, franchises or licenses 56,000 stores around the world. In 2014 alone, 7-Eleven stores generated $85.7 billion in total worldwide sales, serving over 47 million customers daily across 18 countries.