![](\"https:\/\/mms.businesswire.com\/media\/20260527090690\/en\/2815492\/5\/Patron_Points_Logo_2024_High_Resolution.jpg\"){kind=logo}
<\/a><\/a>\nThis partnership will advance the development of loyalty, promotions, mobile tools, and AI powered business intelligence, tailored specifically for the convenience store ecosystem. By ensuring all segments have access to robust data and sophisticated solutions, Patron Points aims to boost margins, increase same-store traffic, and drive larger basket sizes for retailers.<\/p>
\nThe upcoming launch of its enhanced customer portal and expanded self-service tools positions Patron Points at the forefront of the industry's evolution. Backed by this new growth investment, Patron Points is uniquely equipped to scale its technology solutions across its established 49-state footprint and expand to more retailers nationwide. This expansion ensures operators of all sizes have the tools necessary to adapt to rapidly shifting consumer behaviors.<\/p>
\n\"We are thrilled to welcome Straylight Capital as a strategic partner at this pivotal moment in our journey,\" said Erik Ogren, <\/b>CEO of Patron Points. \"This investment is a powerful validation of our vision and the hard work of our team, who will continue to lead our day-to-day operations. With Straylight\u2019s support, we are poised to accelerate our product roadmap and deliver next-generation solutions that provide real value to our retail partners and their customers.\"<\/p>
\nStraylight Capital\u2019s involvement goes beyond growth capital\u2014its deep expertise in scaling high-potential enterprises will provide Patron Points with the strategic guidance necessary to navigate its next phase of rapid expansion.<\/p>
\n\"Straylight Capital is dedicated to partnering with forward-thinking companies that are solving acute pain points for their customers,\" said Kathleen Kaulins at Straylight Capital<\/b>. \"We have been impressed by Patron Points\u2019 trajectory and the depth of platform they have built within the convenience space. We believe Patron Points\u2019 vertically focused offering provides a differentiated suite of tools that enable retailers to drive meaningful business outcomes. Our investment will act as a catalyst for continued growth, enabling Patron Points to offer even more robust strategic solutions to a market that is ripe for innovation.\"<\/p>
\nHennepin Partners served as the exclusive financial advisor to Patron Points.<\/p>
\nAbout Patron Points<\/b><\/p>
\nPatron Points is a leading, purpose-built provider of loyalty and customer engagement technology solutions for the convenience industry. Based in Woodbury, MN, the Company specializes in Loyalty, Mobile App Development, Scan Data Analytics, and its proprietary platform, formi\u2122. These solutions help retail and consumer goods manufacturing partners maximize efficiency and consumer engagement in an ever-changing marketplace. Learn more at www.patronpoints.com<\/a>.<\/p> \nAbout Straylight Capital<\/b><\/p> \nStraylight Capital is a growth equity firm that backs gritty founders and teams that aren\u2019t supported by the traditional systems of coastal venture capital and private equity. Straylight partners with founder-led B2B technology companies that are in \u201cthe magnificent middle\u201d of their growth journeys\u2014early growth-stage businesses that have product-market fit and are ready to scale, but are overlooked by conventional capital providers. Straylight brings deep expertise in software and tech-enabled services, a dedicated value creation team of operators, and a hands-on commitment to helping management teams with the next stage of growth. Headquartered in Detroit, Michigan, Straylight invests across North America. To learn more, visit www.straylightcapital.com<\/a>.<\/p>