Battery Ventures
UnclaimedAt a Glance
- Check Size
- $1M – $60M
- Stage
- Seed, Series A, Series B+
- AUM
- $13B
- Sectors
- Enterprise, Consumer, DevTools
- Founded
- 1983
- HQ
- Boston, MA
About Battery Ventures
Battery Ventures is a venture capital firm based in Boston, MA founded in 1983. Battery Ventures is a global venture capital and private equity firm with a 40-year history of backing innovative technology companies. The firm focuses on Seed, Series A, Series B+ investments across sectors including Enterprise, Consumer, DevTools. The firm manages $4B in assets under management. Notable portfolio companies include Wayfair, Glassdoor, Nutanix, Greenhouse, Akamai, Business Objects, SolarWinds and Bazaarvoice. Invests across stages from seed to buyouts, focusing on enterprise software, consumer internet, and industrial technology.
Investment Thesis
“Invests across stages from seed to buyouts, focusing on enterprise software, consumer internet, and industrial technology.”
Sector Focus
Investment Stage
Notable Portfolio Companies
View full portfolio →Key Team (8)
Fund History (5 funds)
| Fund | Vintage | Size | Status |
|---|---|---|---|
| — | $950M | — | |
| — | $700M | — | |
| — | $650M | — | |
| — | $400M | — | |
| — | $350M | — |
Fund History
Battery runs one of the longest continuous fund series in technology investing. SEC filings show Battery Ventures IX closing $709.6 million of a $750 million offering in March 2010; Fund X closing $650 million in February 2013 with a $250 million side fund; Fund XI-A closing $650 million in February 2016 with a $300 million side fund; Fund XII closing $800 million in February 2018; and Fund XIII closing $1.20 billion in February 2020.
The scale step came next. Fund XIV filed in March 2022 against a $3.5 billion offering and reported $3.04 billion sold. Fund XV closed $3.25 billion in February 2026, with a parallel XV-EF vehicle on file. Battery also opened a separate late-stage line in 2021: Battery Ventures Select Fund I closed $400 million that February, and Select Fund II reported $530 million against a $600 million offering in March 2022. Side funds and EF vehicles run parallel to most vintages, and the firm reports backing more than 450 companies across its history.
SEC Fund Filings
- Vehicles filed, last 24 months
- 3
- Latest filing
Battery Ventures filed a Form D for 3 fund vehicles between Sep 26, 2024 and Sep 25, 2026.
| Fund vehicle | Source |
|---|---|
| Battery Investment Partners XV, L.P. | SEC Form D, filed |
| Battery Ventures XV-EF, L.P. | SEC Form D, filed |
| Battery Ventures XV, L.P. | SEC Form D, filed |
A Form D is the notice a fund files with the SEC when it raises money in a private offering. Feeder funds, parallel funds and SPVs each file their own, so the count measures filing activity, not the number of flagship funds.
Source: SEC EDGAR Form D filings for pooled investment funds, original filings only (amendments excluded). Our filing data starts Jul 1, 2024. Vehicles are matched to Battery Ventures by fund name and checked against the sponsor address and named principals on each filing; offering amounts are not shown. Each “SEC Form D” link opens an EDGAR full-text search for that vehicle’s exact name, where the filing itself is listed. See every new fund filing on the Form D Radar.
Investment Timeline (10 deals)
2023
Blend
Growth2022
Amplitude
Growth2021
Coinbase
Growth2020
Glassdoor
Growth2019
Snowflake
2018
Carta
Series C$42M2017
Toast
Series B$30M2016
Instructure
Growth2015
Tech Data
Growth2014
Wayfair
GrowthTeam (8)
Chelsea Stoner
General Partner, Battery Ventures
Danel Dayan
Venture Capital Investor, Battery Ventures
Jesse Feldman
General Partner, Battery Ventures
Morad Elhafed
General Partner, Battery Ventures
Neeraj Agrawal
General Partner, Battery Ventures
Roger Lee
General Partner, Battery Ventures
Russell Fleischer
General Partner, Battery Ventures
Zack Smotherman
General Partner, Battery Ventures
Related Articles (3)
Frequently Asked Questions
What stage does Battery Ventures invest at?
Battery Ventures primarily invests at the Seed, Series A, Series B+ stages. This means they focus on companies that are building their initial product and finding product-market fit.
Where is Battery Ventures located?
Battery Ventures is headquartered in Boston, MA. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does Battery Ventures focus on?
Battery Ventures focuses on investments in Enterprise, Consumer, DevTools. Their portfolio reflects deep expertise and networks within these sectors.
What is Battery Ventures's typical check size?
Battery Ventures's typical investment check size ranges from $1M to $60M. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does Battery Ventures have under management?
Battery Ventures manages approximately $13B in assets under management (AUM) across their funds.
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