The firm’s latest fund, Battery Ventures XV, comes at a time when AI is disrupting models, but is viewed as an opportunity that it is able to pursue through its global offices.
Battery Ventures, a global technology investment firm, has closed Battery Ventures XV, a $3.25 billion fund supporting innovative tech companies in the U.S., Europe, and Israel.
The latest fund follows 15 announced exit events in 2025, and the firm reports over $10 billion in liquidity realized over the past five years. This highlights the effectiveness of its multi-stage model across market cycles.
Overall, Battery has reported great success, investing in 530+ companies globally (excluding seed-stage deals), resulting in 73 IPOs and 225+ M&A events.
With its oversubscribed, single-close fund in place, it is positioned to meet strong investor demand for multi-stage firms. This is occurring at a time when artificial intelligence is transforming software and infrastructure markets.
A venture capital fund designed for the AI era
Battery’s leadership positioned the new fund in response to the significant shift in AI platforms.
General Partner Michael Brown described AI as “one of the most consequential eras in the history of technology”. He stated that Battery is well-positioned to capitalize on this opportunity due to its global presence and established focus on software and enterprise technology.
The Fund’s Stage-diversified investing
Battery Ventures XV Fund will continue to invest in seed and early-stage ventures through growth equity and buyout.
Because AI-driven disruption is not limited to startups, it requires follow-on funding.
Established categories like cybersecurity, developer tools, data infrastructure, and industrial software are being transformed. These are areas where both early innovation and later-stage scaling can generate meaningful value.
They offer funding opportunities for application software, Infrastructure software (including data/AI), developer tools, cybersecurity, and industrial technology and life-science tools.
Notably, AI adoption is also becoming “horizontal,” impacting nearly every enterprise workflow, including IT operations, analytics, sales automation, risk management, and compliance in regulated industries.
Global footprint and operating resources
The firm operates as “one global team” with offices in Boston, San Francisco, Menlo Park, New York, London, and Tel Aviv.
It has expanded its European presence, with its London office supporting investment activity throughout the region.
Recent team changes include the promotion of Marcus Ryu (co-founder and former CEO of Guidewire Software) to general partner, additional partner promotions, and the addition of a new partner in Tel Aviv.
These moves reinforce Battery’s commitment to enterprise software expertise and international coverage.
