Battery Ventures

Battery Ventures is a global, technology-focused venture capital and private equity firm founded in 1983 in Boston, Massachusetts, by Rick Frisbie, Bob Barrett, and Howard Anderson, and operating from offices in Boston, San Francisco, Menlo Park, Tel Aviv, London, and New York City. The firm invests across the full company lifecycle from seed to buyout, with core focus areas including application software, IT infrastructure, consumer internet and mobile services, and industrial technologies. Battery has raised over $13 billion since inception across 15 flagship funds, with its most recent fund, Battery Ventures XV, capitalized at $3.25 billion. As of 2025, the firm has invested in over 530 companies, achieved over 70 IPOs, and completed over 200 mergers and acquisitions, with notable exits including Coinbase, Affirm, Amplitude, and numerous enterprise software businesses. Battery maintains a team-based, thesis-driven investment philosophy supported by a bench of experienced operators who provide value-add to portfolio companies.