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Company type | Private |
---|---|
Industry | Private equity |
Founded | 1983 |
Founders | Rick Frisbie, Howard Anderson, Bob Barrett |
Headquarters | Boston, Massachusetts, United States |
Products | Venture capital |
Total assets | $13 billion |
Number of employees | 100+ |
Website | www.battery.com |
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]
Battery Ventures was founded in 1983 in Boston, Massachusetts by Rick Frisbie, [3] Howard Anderson [4] and Bob Barrett. Since its inception, Battery has raised more than $13 billion in capital through the following fourteen funds and corresponding side funds. [5]
Fund | Vintage year | Committed capital ($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. [6]
As of 2021, Battery has invested in more than 450 companies, 69 of which have gone public and another 185 have merged or been acquired. [7]
The firm's current investment focus includes: [8]
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