7-Ventures

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.

Raja Doddala

VP Innovation and Ventures

7 past transactions

KeyMe

Series B in 2016
KeyMe is a mobile app that allows users to store, share, and duplicate their physical keys based on a digital image. The company provides an app for copying keys and robotic kiosks for new key fabrication. It offers customers a one-stop solution for all their locksmith needs ranging from lockouts and re-keys to complex installations and custom jobs. KeyMe smart kiosks are deployed in over 2,500 locations across leading retailers across 46 states, including (alphabetically): Acme, Albertsons, AutoZone, Bed Bath & Beyond, Brookfield, Dillons, Foodmaxx, Foodtown, Frys, Giant Eagle, GGP, Harmon Face Values, IKEA, Jewel-Osco, JLL Properties, Kmart, Kroger, Mall of America, Navarro, Ralphs Grocery, Randalls, Rite Aid, Safeway, Save-A-Lot, Save Mart, Sears, Simon Malls, Smith’s Food & Drug, Starwood, Tom Thumb, UNFI, Vons and 7-Eleven, among others. KeyMe kiosks are the first and only kiosks with the ability to duplicate the majority of vehicles and RFID keys on the market. The smart kiosks copy most keys in under 30 seconds, at a rate that is 10 times more accurate than the industry average. KeyMe investors include Battery Ventures, BlackRock, Comcast Ventures, Questmark Partners, Ravin Gandhi, River Park Ventures, and White Star Capital.

CORE Natural

Seed Round in 2015
Core Natural Perfect pH reverse osmosis water. Made from 100% recycled plastic bottles. + Fluoride and BPA free.

KeyMe

Series A in 2014
KeyMe is a mobile app that allows users to store, share, and duplicate their physical keys based on a digital image. The company provides an app for copying keys and robotic kiosks for new key fabrication. It offers customers a one-stop solution for all their locksmith needs ranging from lockouts and re-keys to complex installations and custom jobs. KeyMe smart kiosks are deployed in over 2,500 locations across leading retailers across 46 states, including (alphabetically): Acme, Albertsons, AutoZone, Bed Bath & Beyond, Brookfield, Dillons, Foodmaxx, Foodtown, Frys, Giant Eagle, GGP, Harmon Face Values, IKEA, Jewel-Osco, JLL Properties, Kmart, Kroger, Mall of America, Navarro, Ralphs Grocery, Randalls, Rite Aid, Safeway, Save-A-Lot, Save Mart, Sears, Simon Malls, Smith’s Food & Drug, Starwood, Tom Thumb, UNFI, Vons and 7-Eleven, among others. KeyMe kiosks are the first and only kiosks with the ability to duplicate the majority of vehicles and RFID keys on the market. The smart kiosks copy most keys in under 30 seconds, at a rate that is 10 times more accurate than the industry average. KeyMe investors include Battery Ventures, BlackRock, Comcast Ventures, Questmark Partners, Ravin Gandhi, River Park Ventures, and White Star Capital.

BellyCard

Series B in 2013
They are thrilled to announce our new company name: Hatch Loyalty. They believe Hatch represents the evolution, growth and innovation of our company. Belly will continue to thrive as our small business product and support our company mission to empower retailers to build more meaningful relationships with their customers.

Hatch Loyalty

Series B in 2013
Hatch Loyalty is a simple, adaptable platform designed to help retailers and brands build stronger relationships with their customers. More than a loyalty company, Hatch makes insights actionable, enabling a more personalized and meaningful customer experience for retailers of all sizes. The world’s largest retailers and brands have access to the Hatch platform’s full configurability, while small- to medium-sized businesses can access Hatch’s off-the-shelf marketing solution, Belly, which is already an industry-leading solution. Hatch Loyalty is headquartered in Chicago, Illinois and received funding from Andreessen Horowitz, Lightbank, NEA, and DAG Ventures.

Costa Coffee BaristaBot

Debt Financing in 2013
Costa Coffee BaristaBot is an automatic coffee-dispensing machine developed using robotic technology. It empowers people to create their own cups of coffee, integrating seamlessly into their active lives and enabling them to easily share their experience with their community. By combining specialty direct-trade ingredients with modern mobile technology, cloud computing, and AI-based robotics, they transform the entire coffee experience.

YooLotto

Seed Round in 2013
YooLotto is the first and only app that manages all of your lottery play so that you never miss out on another winning ticket. YooLotto is free and available to download now for iOS and Android users.
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