Convivialité Ventures (Pernod Ricard)

Investor profile | Builders Republic

About

Convivialité Ventures is the venture capital fund of Pernod Ricard, created in 2017 in San Francisco by Stéphane Longuet, who leads it, with teams in Paris, Mumbai, and Shanghai. It deliberately invests outside the group's wines and spirits, in products and services that help people connect, go out, and have fun: beverage brands, leisure and activity booking platforms, delivery, commerce and sustainability technologies, with check sizes from $250,000 to $10M. It boasts over 45 investments, including Fever, Glovo, Liquid Death, Outdoorsy, and ecoSPIRITS. In France, it includes Waysia, formerly Alorsfaim, joined during its 2022 Series B, VitiBot, the vineyard robot, joined in 2020, and Clone. For a French startup in leisure, consumer goods, or delivery, it is an investor backed by a major global conviviality group.

Key facts

Type
Corporate VC
Stages
Series A,Series B,Growth
Sectors
Consumer, B2C, B2B, Brand, Software/SaaS, Advertising/Media, Foodtech, Retail/Future of Commerce, Hospitality/Tourism/Travel
Headquarters
US
Offices
San Francisco, Paris, Mumbai, Shanghai
Geographic focus
France,USA,Asia
Founded
2017

Track record

  • Portfolio companies: 43
  • Total investments: 47
  • Exits: 4

Notable investments

Waysia, Clone, Sunday, Clone

Funds by stage

Other funds investing at the same stages, list by list.

Funds by sector

The funds investing in each sector, based on their rounds over the last 36 months.