Battery Ventures Closes New Funds Totaling $38 Billion

Continued Support for Innovative Companies Worldwide

New York, NY – March 8, 2023 –

Battery Ventures, a leading global technology-focused investment firm, has announced the successful closing of its 14th flagship fund, Battery Ventures XIV, and companion fund Select Fund II, with a combined capital of $38 billion. This substantial investment will enable Battery Ventures to continue its mission of supporting and investing in cutting-edge, category-defining businesses around the world.

Since its inception in 1983, Battery Ventures has established itself as a trusted and experienced investor in venture capital and private equity markets across the globe. With offices strategically located in Boston, Silicon Valley, and New York, the firm has a proven track record of identifying and investing in early-stage companies with exceptional growth potential.

Battery Ventures invests in a diverse range of industries, including application software, IT infrastructure technologies, and consumer businesses. The firm's portfolio boasts an impressive roster of successful companies, including companies such as Grubhub, Wayfair, and Zoom. With its new funds, Battery Ventures is poised to continue its unwavering commitment to driving innovation and supporting the next generation of technology leaders.