Battery Ventures

Quick read

Battery Ventures is a multi-stage technology VC and private equity firm founded in 1983, headquartered in Boston with offices in San Francisco, London, and Tel Aviv. It closed Fund XV at $3.25 billion in February 2026, its largest fund yet, backing over 530 companies across venture, growth, and buyout markets in its four-decade history. The firm is stage-agnostic, writing checks from seed through buyout, and generated more than $10 billion in liquidity across its last five years alone.

Key facts

Founded

1983

Employees

241

Sectors

enterprise, saas, fintech, ai, devtools

Website

www.battery.com

Investment thesis

Battery backs category-defining technology companies from seed through buyout — with particular focus on application software, IT infrastructure, and industrial technology in the US, Europe, and Israel — using four decades of pattern recognition to identify durable businesses across every market cycle.

Recent activity

• May 2026investment
  Battery co-invested in Blitzy's Series B round alongside Northzone, PSG, and others. tracxn.com
• Apr 2026investment
  Battery participated in a funding round for Cursor, the AI coding tool nearing a $50B valuation. tracxn.com
• Feb 2026fundraise
  Battery closed Fund XV at $3.25 billion — an oversubscribed single close — to back technology companies globally across the US, Europe, and Israel. businesswire.com
• Feb 2026investment
  Battery invested in Aalyria's $100M round alongside J2 Ventures and DYNE. tracxn.com
• Feb 2026leadership
  David Coste, former Forterro executive, joined Battery as executive-in-residence in its London office to focus on European business-technology investments. businesswire.com
• Sep 2025leadership
  Marcus Ryu, co-founder and former CEO of Guidewire Software, was promoted to General Partner. Zak Ewen, Satoshi Harris-Koizumi, and Justin Rosner were each promoted to Partner. Barak Schoster was hired as a Partner in the Tel Aviv office. finance.yahoo.com

Notable investments

• BlitzySeries BMay 2026tracxn.com
• CursorGrowthApr 2026tracxn.com
• BasetenSeries E2025battery.com
• DatabricksGrowth2025finance.yahoo.com
• JFrogGrowthPriorbattery.com
• SprinklrGrowthPriorbattery.com
• MarketoGrowthPriorbattery.com
• ShopifyEarly StagePriorbattery.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Alex Benik · Partner
• Morad Elhafed · General Partner
  LinkedIn
• Dharmesh Thakker · General Partner
  LinkedIn
• Roger Lee · General Partner
  LinkedIn
• Marcus Ryu · General Partner
• Michael Brown · General Partner
• Max Schireson · General Partner
  LinkedIn
• Barak Schoster · Partner (Tel Aviv)
• Neeraj Agrawal · General Partner
• Chelsea Stoner · General Partner
• Dallin Bills · Partner

Sources

• Battery Ventures Raises $3.25 Billion to Back Innovative Tech Companies Worldwide
• Battery Ventures Raises $3.25 Billion (Yahoo Finance)
• Battery Ventures - 2026 Investor Profile, Portfolio, Team & Exits - Tracxn
• Battery Ventures Official Website

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• Founders Fund · Contrarian VC, San Francisco·
• Khosla Ventures · Multi-stage VC, Menlo Park·
• Greylock Partners · Early-stage VC, Menlo Park

Explore VCs by sector

• Enterprise software in United States
• SaaS in United States
• Fintech in United States

Globally

• Enterprise software worldwide
• SaaS worldwide
• Fintech worldwide

Frequently asked