Convivialite Ventures

Convivialite Ventures is the corporate venture arm of Pernod Ricard, the global leader in wines and spirits, based in San Francisco, United States. Established to invest in the future of "convivialité," the fund strategically supports innovative startups that align with Pernod Ricard's long-term vision for social experiences, sustainable consumption, and the evolving landscape of food and beverage. This includes areas such as new consumption modes, digital transformation in hospitality, and eco-friendly solutions within the industry.

The venture arm primarily focuses on early-stage investments, targeting companies from Seed to Series B rounds. Convivialite Ventures seeks to partner with entrepreneurs who are developing disruptive technologies and business models that can enhance social interactions and consumer experiences related to drinks and hospitality. Beyond capital, they offer portfolio companies access to Pernod Ricard's extensive global network, industry expertise, and potential for strategic partnerships, providing a significant advantage for market entry and scaling.

Financially, Convivialite Ventures launched a dedicated fund of $100 million in 2021 to fuel its investment activities. Their typical initial check sizes range from $500,000 to $5 million, reflecting their commitment to providing meaningful early-stage capital. The firm has been an active investor, having made over 50 investments in various startups across different geographies, demonstrating a robust pipeline and a proactive approach to identifying and nurturing future leaders in the convivialité space. Their strategic investments aim to not only generate financial returns but also to foster innovation that can be integrated into Pernod Ricard's core business, ensuring a synergistic relationship between the parent company and its venture portfolio.