Investor profile

Battery Ventures logo

Battery Ventures

VC

USGBILDEFRNLAUSGOtherB2B SaaSAI/MLFintechHealthtechCybersecurityDevtoolsEnterpriseMarketplacesDeep TechOther

See how your deck fits this investor's thesis, stage, and ticket size.

Analyse your fit

Investment thesis

Battery Ventures is a global, technology-focused investment firm that has been backing founders and talented teams since 1983. The firm partners with companies building category-defining businesses at all stages of growth — from seed through growth equity and traditional buyouts — operating a stage-agnostic model under a single brand. Battery invests in potentially cutting-edge businesses across application software, IT infrastructure, consumer internet and mobile, industrial technologies, fintech, healthcare IT, and life science tools, with a thematic, research-driven approach that emphasizes AI transformation, cybersecurity, and industrial technology as key focus areas. Currently investing from Battery Ventures XV ($3.25B), the firm targets AI across the full stack — infrastructure, developer tools, and vertical applications — emphasizing companies that enable or operationalize AI rather than merely experiment with it. Battery's investment philosophy is complemented by a deep portfolio-services platform offering hands-on support in talent, go-to-market, business development, marketing, and finance, reflecting its belief that long-term value creation requires both capital and operational partnership.

Notable quotes

Financial resources have been split about equally between three components: early stage, growth stage and traditional buyouts.

Michael Brown · Forbes, 'Battery Ventures Has An Unconventional Playbook For Its $3.8 Billion In New Funds' · 2022-07-13

I've been an investor at Battery Ventures for 25+ years now and can probably count on one hand the number of times I've seen POCs quickly scale into seven and eight-figure deals. That's what we're seeing with Blitzy.

Neeraj Agrawal · LinkedIn post by Neeraj Agrawal, Battery Ventures · 2025-01-01

Battery is targeting AI across the full stack: infrastructure (compute, data platforms), developer tools, and vertical applications. The strategy emphasizes companies that enable or operationalize AI rather than just experiment with it.

Battery Ventures (Fund XV team) · citybiz.co, 'Battery Ventures XV Bets Big on AI: Inside Its Strategy for the Next Wave of Innovation' · 2026-03-30

Team

Neeraj Agrawal

General Partner

B2B SaaSEnterpriseAI/ML

Michael Brown

General Partner

EnterpriseFintechB2B SaaS

Dharmesh Thakker

General Partner

AI/MLCybersecurityDevtools

Chelsea Stoner

General Partner

HealthtechB2B SaaSEnterprise

Jesse Feldman

General Partner

Deep TechOtherEnterprise

Morad Elhafed

General Partner

B2B SaaSAI/MLEnterprise

Recent investments

CompanyRoundSizeDate
1mindSeries A$40m2025-11-10
Imper.aiSeries B$28m2025-12-01
BlitzyGrowth$200m2025-01-01
GongSeries D2021-01-01
CoinbaseSeries B2013-01-01
BrazeSeries C2018-01-01
AmplitudeSeries D2020-01-01
Guidewire SoftwareSeries C2008-01-01
MarketoSeries B2010-01-01
GlassdoorSeries E2016-01-01

Frequent co-investors

Fit check

Is Battery Ventures a match for your startup?

Upload your deck and get an instant AI-powered fit analysis — see exactly how your startup aligns with this investor's thesis, stage focus, and ticket size.

Analyse your fit