About
Battery Ventures, founded in 1983 in Boston, represents one of venture capital's oldest and most enduring institutions, with over 40 years of continuous investing and $13 billion+ in total capital deployment. The firm has evolved from early focus on hardware-related technologies in the 1980s to modern emphasis on software, SaaS, and software infrastructure investments across all growth stages. Battery maintains offices across six major global locations, enabling cross-geographic investment opportunities and founder support. The firm's distinctive thesis—that great technology investments span all growth stages—differentiates Battery from single-stage-focused competitors. Battery's investment approach includes seed-stage companies, growth equity rounds, and buyout transactions for mature technology businesses, enabling deep founder relationships and follow-on support across company lifecycles. Battery Ventures XIV and Battery Ventures Select Fund II represent the firm's current capital vehicles, totaling $3.8 billion in committed capital, demonstrating sustained investor confidence in Battery's approach and track record. Notable Battery exits include Q2 (digital banking solutions, IPO at significant valuation), Zendesk (customer engagement platform, IPO, $10B+ valuation), and Upland Software (enterprise work management, public company acquisition). The firm's evolution reflects market changes: initial hardware focus (reflecting 1980s technology landscape) transitioned to software emphasis as technology shifted. Modern Battery invests in infrastructure software, SaaS, developer tools, and emerging areas including defense technology (reflecting U.S. geopolitical focus and DoD spending growth). Typical Battery checks range from $250,000 to $50,000,000 depending on stage and company maturity. The firm's operational approach includes board participation, customer introductions, and strategic guidance, positioning Battery as a stage-flexible partner for technology entrepreneurs across growth stages.