Battery Ventures
Global technology-focused investment firm
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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[1] and is now investing its fourteenth funds, Battery Venture XIV and Battery Ventures Select Fund II, with a combined capitalization of $3.8 billion.[2]
 | |
| Company type | Private |
|---|---|
| Industry | Private equity |
| Founded | 1983 |
| Founders |
|
| Headquarters | Boston, Massachusetts, United States |
| Products | Venture capital |
| Total assets | $13 billion |
Number of employees | 100+ |
| Website | www.battery.com |
History
Battery Ventures was founded in 1983 in Boston, Massachusetts by Rick Frisbie, Howard Anderson[3] and Bob Barrett.[4] Since its inception, Battery has raised more than $13 billion in capital through the following fourteen funds and corresponding side funds.[2]
| Fund | Vintage year | Committed capital ($M) |
|---|---|---|
| Battery I | 1984 | $34 |
| Battery II | 1988 | $42 |
| Battery III | 1994 | $85 |
| Battery IV | 1997 | $200 |
| Battery V | 1999 | $444 |
| Battery VI | 2000 | $850 |
| Battery VII | 2005 | $450 |
| Battery VIII | 2007 | $750 |
| Battery VIII SF | 2008 | $200 |
| Battery IX | 2010 | $750 |
| Battery X | 2013 | $650 |
| Battery X SF | 2013 | $250 |
| Battery XI | 2016 | $650 |
| Battery XI SF | 2016 | $300 |
| Battery XII | 2018 | $800 |
| Battery XII SF | 2018 | $450 |
| Battery XIII | 2020 | $1,200 |
| Battery XIII SF | 2020 | $800 |
| Battery Select Fund I | 2021 | $400 |
| Battery XIV | 2022 | $3,300 |
| Battery Select Fund II | 2022 | $530 |
The firm has offices in Boston, San Francisco, Menlo Park, Tel Aviv, London, and New York City.[5]