Battery Ventures
About Battery Ventures
Battery Ventures was founded in 1983 by Rick Frisbie, Howard Anderson and Bob Barrett. The firm describes itself as a global, technology-focused investor with offices in Boston, Silicon Valley, Tel Aviv, London and New York. Its 15th fund, Battery Ventures XV, closed at $3.25 billion in early 2026, and the firm says it has raised more than $16 billion since inception. The firm reports more than 530 portfolio companies and 70-plus IPOs. Other partner names were not confirmed in the sources reviewed.
Battery has invested in AI infrastructure and applications for several years, and it now treats AI as a baseline feature in most products it evaluates. In February 2026 it announced an AI-powered freight logistics company, a company making AI tools for wealth managers, and a business that uses AI to analyze tabular data inside ERP and CRM systems. The firm also says it wants to help bootstrapped, often family-run tech businesses adopt AI. Recent AI rounds on the Lounge deals desk include Baseten, SambaNova, Together AI, G5 Labs and Baz. In July 2026, Battery co-led a $75 million round for Freehand, an enterprise AI company.
Battery describes its approach as stage-agnostic, spanning seed through growth and buyout deals. Directory listings name Pre-Seed, Seed, Series A, Series B, Series C and growth as stages. The firm has not published check sizes in the sources reviewed. Third-party directories conflict: one lists $1 million to $200 million, another $10 million to $50 million, and another $1 million to $500 million.
- Baseten: AI company, Series F of $1.5 billion (July 2026, Lounge deals desk)
- SambaNova: Series F of $1 billion (July 2026, Lounge deals desk)
- Together AI: Series C of $800 million (July 2026, Lounge deals desk)
- Freehand: enterprise AI company, $75 million round co-led by Battery (July 2026)
- Chai Discovery: listed in Battery's portfolio with $600 million total raised (July 2026, Parsers.vc)
- Arize AI: enterprise AI and data platform, Series C of $70 million (February 2025, TipRanks)
- Mews: Series D led by Battery (January 2026)
- G5 Labs: seed of $14 million led by Battery (September 2026, Lounge deals desk)
- Baz: seed of $9 million led by Battery (June 2026, Lounge deals desk)
- en.wikipedia.org/wiki/Battery_Ventures
- growthcapadvisory.com/firms/battery-ventures
- proskauer.com/release/proskauer-advises-battery-ventures-on-closing-of
- pitchbook.com/profiles/fund/29163-79F
- battery.com/blog/attacking-the-ai-opportunity-our-way-battery-ventures
- x.com/BatteryVentures/status/2024099080637710638
- dealroom.co/news/125984-battery-ventures-closes-3-25b-fund-in-four-mon
- f4.fund/firms/battery-ventures
Investing activity
Battery Ventures appears in 5 AI deals tracked by the AI Lounge deals desk, rounds totalling $3.31B, and led 2 of them. The rounds are mostly Seed, Series F and Series C, with a median round size of $800M and the largest at $1.5B. The most recent are G5 Labs (Seed, $14M, Sep 2026), Together AI (Series C, $800M, Jul 2026) and SambaNova (Series F, $1B, Jul 2026).
Battery Ventures most often invests alongside Nvidia, Pillar VC, Omega Venture Partners and Jeff Dean, and the companies it backs on AI Lounge are mostly in AI, AI cloud for open models and AI inference chips & systems.
Deals
Frequently asked questions about Battery Ventures
Who founded Battery Ventures and when?
Battery Ventures was founded in 1983 by Rick Frisbie, Howard Anderson and Bob Barrett. It is headquartered in Boston.
How large is Battery Ventures XV?
Battery Ventures XV closed at $3.25 billion in early 2026. The firm says it has raised more than $16 billion since it was founded.
Does Battery Ventures invest in AI startups?
Yes. Battery has backed AI infrastructure and AI applications for years, and recent examples include Baseten, SambaNova, Together AI and Freehand. Its February 2026 announcements included AI tools for wealth managers and AI analysis of data inside enterprise software.
What stages does Battery Ventures invest in?
Battery describes itself as stage-agnostic, investing from seed through growth and buyouts. Directory listings include Pre-Seed through Series C and growth. The firm has not published check sizes in the sources reviewed.
Where can I find the Battery Ventures portfolio?
Third-party trackers such as TipRanks and Parsers.vc list Battery's portfolio companies and funding rounds. The firm's own site is battery.com.
What AI companies has Battery Ventures invested in?
Battery Ventures's AI investments include G5 Labs, Together AI, SambaNova, Baseten and Baz. The 5 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Battery Ventures based?
Battery Ventures is based in Boston, US.
What stage does Battery Ventures invest at?
In the rounds tracked on AI Lounge, Battery Ventures has invested at Seed, Series F and Series C, with a median round of $800M. Battery Ventures led 2 of those rounds.
Who does Battery Ventures co-invest with?
Battery Ventures's most frequent co-investors on AI Lounge are Nvidia (2 deals), Pillar VC (1 deal), Omega Venture Partners (1 deal), Jeff Dean (1 deal) and Encoded Ventures (1 deal).
How can founders reach Battery Ventures?
Founders on AI Lounge can see Battery Ventures's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Battery Ventures to their Investor Pipeline to track the conversation.