Battery Ventures is a global, technology-focused investment firm. Founded in 1983, the firm makes venture-capital and private-equity investments in markets across the globe from offices in Boston, Silicon Valley, San Francisco, Israel and London. Since inception, the firm has raised over $13 billion and is now investing its fourteenth funds, Battery Venture XIV and Battery Ventures Select Fund II, with a combined capitalization of $3.8 billion.
History Battery Ventures was founded in 1983 in Boston, Massachusetts by Rick Frisbie, Howard Anderson and Bob Barrett. Since its inception, Battery has raised more than $13 billion in capital through the following fourteen funds and corresponding side funds. Fund Vintage year Committed capital ($M)Battery I1984$34Battery II1988$42Battery III1994$85Battery IV1997$200Battery V1999$444Battery VI 2000$850Battery VII2005$450Battery VIII2007$750Battery VIII SF2008$200Battery IX2010$750Battery X2013$650Battery X SF2013$250Battery XI 2016 $650Battery XI SF2016 $300Battery XII2018$800Battery XII SF2018$450Battery XIII2020$1,200Battery XIII SF2020$800Battery Select Fund I2021$400Battery XIV2022$3,300Battery Select Fund II2022$530
The firm has offices in Boston, San Francisco, Menlo Park, Tel Aviv, London, and New York City.
Investments As of 2025, Battery has invested in more than 530 companies, 70 of which have gone public and another 185 have merged or been acquired.
The firm's current investment focus includes:
Application software Infrastructure software Consumer Industrial tech + life sciences
References
Further reading
Venture Capitalists Ride Boom in Technology IPOs. Bloomberg, June 25, 2011 Drama and Pragmatism Drive Fight Over a Hiring. The New York Times, December 24, 2001 Venture Capitalists See Investors Grow Mutinous. The New York Times, April 14, 2002
External links Official website