Battery Management Corp. logo

Battery Management Corp.

Private equity with venture activitySEC-registered adviserClassification probable· Boston, MassachusettsBATTERY.COM

Battery Ventures is a global venture capital and private equity firm with a 40-year history of backing innovative technology companies.

In the firm's own words, from its website.

Reported fund assets
$13B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
10
Investment team
15
Latest vintage
2023
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

19 additional team members, 33 additional co-investors and affiliates, 96 additional investments, funds and LPs, 75 events, 2 verified contacts (1 general firm email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 10 companies
    new in 12 months

    10 new companies in the last 12 months. Latest round Miter, the AI Platform for Construction round ($40M round, led) on 30 Sep 2026. Took 1 board seat on new Form D filings in 90 days (Vetmab Biosciences).

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 3 of 5
    enter at Series B+

    Its site says early, multi stage stage, but 3 of 5 first entries on record are Series B or later.

    rounds to 23 Jul 2026 · A founder raising at the stage the site names should know where the cheques have actually gone.

    Derived5 rounds with a stated stage, against the firm's siteFor FoundersInvestments →
  3. 1 company
    portfolio raising

    One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 17 Sep 2026 ($11.4M sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
  4. 3 deals
    with Bessemer Venture Partners

    Invests most often alongside Bessemer Venture Partners (3 shared deals) and Trinity Ventures (3 shared deals).

    pair last observed on record 30 Sep 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people

Relationship network

133 connected entities20 observed rounds7 repeat counterparties8 dated rounds shown here, 2013 to 2026

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

What stands out
Reading the network
  • Sponsor
  • Company
  • Capital provider
  • Fund or vehicle
  • Person

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Battery Management Corp.: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Battery Management Corp.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

19 companies on record, 10 new in 12 months
Investments on record
19 companies, 17 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Miter, the AI Platform for ConstructionFunding roundleadunknown$40.0MunknownSep 30, 2026Fact Press release
Vetmab Biosciences, Inc.board seatunknown · boardNeeraj Agrawal (strongly supported)unknownunknownSep 29, 2026Inference Form D
TerminalFunding roundleadunknown$20.0MunknownJul 29, 2026Fact Press release
Stated thesis versus observed behaviour
23 observed deals
Stated (the firm’s website)
Sectors
ai, consumer, defense, devtools, logistics, industrial
Stages
early, multi stage
Geography
boston, global, globally, japan, new york
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation
series b 60%series a 40%
Stage at first entry
series b 60%series a 40%
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (1)
lead rate 63%follow-on rate 13%new companies, 12 months 10

Team

21 current, 7 departed
Decision makers
who to call first, and why; then everyone else by function

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team
21 current, 7 departed
8 departed (kept with end dates)
  • Tel Aviv · Investment Partners · ? to Oct 1, 2026 Inference
  • Brian Patrick O'Malley · Executive Officer · Jan 1, 2012 to Mar 25, 2014 Inference
  • Itzik Parnafes · Executive Officer · Sep 1, 2012 to Mar 31, 2022 Inference
Contacts
1 general firm email, 1 firm phone

1 general firm email, 1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

46 vehicles, 1 LPs disclosed
Funds and vehicles
46 reported, 14 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Battery Ventures Xiv (aiv I Cayman), L.P.Feeder or parallel · ADV: Private Equity Fund2023 adv first reportedActive deployment$1.2B
Mar 30, 2026
211unknownunknown
Battery Investment Partners Xiv (aiv I Cayman), L.P.Feeder or parallel2023 adv first reportedActive deployment$35.2M
Mar 30, 2026
44unknownunknown
Battery Ventures Xiv-Ef (aiv I Cayman), L.P.Feeder or parallel · ADV: Private Equity Fund2023 adv first reportedActive deployment$14.2M
Mar 30, 2026
65unknownunknown
Limited partners
1 LPs, 11 disclosed commitments
Known LPs and allocators
18 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Alaska Permanent Fund CorporationSOVEREIGN LINKED US ALLOCATORBattery Ventures Xi - a, L.P.$25.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Pennsylvania State Employees Retirement SystemSTATE RETIREMENT SYSTEMBattery Ventures Viii, L.P.$25.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure
Alaska Permanent Fund CorporationSOVEREIGN LINKED US ALLOCATORBattery Ventures X, LP$25.0M
committed
reported as of Dec 31, 2025Fact Pension disclosure

Relationships across DFX

36 co-investors · on 5 other DFX graphs
Co-investors
36 counted from shared deals, for the whole firm
Across DFX and the capital chainon 5 other DFX graphs · 65 capital paths Show
Across DFX
  • Sponsor-market profile (matched by same CRD)
  • The same institution is held on Allocators, Private Equity, RIA and Wealth, Independent Sponsors, Private Credit, matched by identifier. See which records
Across the graphs

Battery Management Corp. is the same institution as 5 records in Allocators, Private Equity, RIA and Wealth, Independent Sponsors and Private Credit.

Allocators1Private Equity1RIA and Wealth1Independent Sponsors1Private Credit1

DFX found 5 relationships across 5 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Capital chain

Battery Management Corp. sits on 65 traced paths of capital across the graphs.

Allocator to VC fund to manager to company

DFX traced 65 paths of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

80 dated events, 79 observations from 4 sources
Timeline
80 dated events
  1. Dec 31, 2025
    APFC reports Battery Ventures Select Fund I LP: $20,000,000 committed, vintage 2021
  2. Mar 29, 2024
    Battery Ventures Ix (aiv II), LP no longer reported on Form ADV by Battery Management Corp.
    Fund no longer reportedFundsInferenceBattery Ventures Ix (aiv II), LPForm ADV
  3. Mar 30, 2023
    7535 no longer reported on Form ADV by Battery Management Corp.
    Fund no longer reportedFundsInferenceBattery Investment Partners VII, LLCForm ADV
  4. Mar 30, 2023
    Battery Investment Partners Xiv (aiv I Cayman), L.P. first reported on Form ADV by Battery Management Corp. (Venture Capital Fund), GAV $2,222,740
    Fund first reported on Form ADVFundsFactBattery Investment Partners Xiv (aiv I Cayman), L.P.Form ADV
  5. Mar 30, 2023
    4325 no longer reported on Form ADV by Battery Management Corp.
    Fund no longer reportedFundsInferenceBattery Ventures VII, LPForm ADV
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 60 private fundsShow
Headquarters
Boston, MAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Registered investment adviseradviserinfo.sec.gov
SEC exemption claimed
unknown
Latest Form ADV
Mar 30, 2026
Private funds reported
60 (6 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$16Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Regulatory AUM
$16Bthe adviser's RAUM, a regulatory measure, never a fund size
Employees
113
Owners on Schedule A
Battery Management Company LLC (Shareholder), owns 75% or more
Classification history
Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 30% of 60 private funds
  2. Sep 12, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 37% of 60 private funds
  3. Sep 12, 2026
    Private equity with venture activity (probable, 75%)
    Registered adviser; venture funds are 37% of 59 private funds
Evidence
86 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC funds reportedMar 30, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 30, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 30, 2026FactForm ADV
SEC adviser typeRegistered investment adviserMar 29, 2024FactForm ADV
First Form ADV filing2012-03-29Mar 30, 2026FactForm ADV
First Form ADV filing2012-03-29Mar 29, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2026-03-30Mar 30, 2026FactForm ADV
Latest Form ADV filing2024-03-29Mar 29, 2024FactForm ADV
SEC statusApprovedMar 30, 2026FactForm ADV
SEC status effective2014-04-18Mar 30, 2026FactForm ADV
Venture share of reported funds0Mar 30, 2026FactForm ADV
Venture share of reported funds0Mar 29, 2024FactForm ADV
Business phoneMar 30, 2026FactForm ADV
Business phoneMar 29, 2024FactForm ADV
Contact page urlOct 1, 2026Factno URL
Contact page urlSep 16, 2026Factno URL
DescriptionOct 1, 2026Factno URL
DescriptionSep 16, 2026Factno URL
DescriptionSep 13, 2026Factno URL
Employees113Mar 30, 2026FactForm ADV
Employees117Mar 29, 2024FactForm ADV
HeadquartersBoston, MAMar 30, 2026FactForm ADV
HeadquartersBoston, MAMar 29, 2024FactForm ADV
Office addressMar 30, 2026FactForm ADV
Office addressMar 29, 2024FactForm ADV
Legal formCorporationMar 30, 2026FactForm ADV
PE funds reported54Mar 30, 2026FactForm ADV
Private funds reported60Mar 30, 2026FactForm ADV
Private funds reported60Mar 30, 2026FactForm ADV
Private funds reported59Mar 29, 2024FactForm ADV
Private fund gross assets (reported)$16BMar 30, 2026FactForm ADV
Private fund gross assets (reported)$16BMar 30, 2026FactForm ADV
Private fund gross assets (reported)$16BMar 29, 2024FactForm ADV
Regulatory AUM (adviser, not fund size)$16BMar 30, 2026FactForm ADV
Regulatory AUM (adviser, not fund size)$16BMar 29, 2024FactForm ADV
Schedule a diffsadiff-1Mar 30, 2026FactForm ADV
Stated geographyBoston, global, globally, japan, new york
“geography words on the home page”
Oct 1, 2026Factno URL
Stated geographyBoston, global, globally, japan, new york
“geography words on the home page”
Sep 16, 2026Factno URL
Stated geographyBoston, global, globally, japan, new york
“geography words on the home page”
Sep 13, 2026Factno URL
Stated sectorsAI, consumer, defense, devtools, logistics, industrial
“sector words on the home page”
Oct 1, 2026Factno URL
Stated sectorsAI, consumer, defense, devtools, logistics, industrial
“sector words on the home page”
Sep 16, 2026Factno URL
Stated sectorsAI, consumer, defense, devtools, logistics, industrial
“sector words on the home page”
Sep 13, 2026Factno URL
Stated stagesEarly, multi stage
“stage words on the home page”
Oct 1, 2026Factno URL
Stated stagesEarly, multi stage
“stage words on the home page”
Sep 16, 2026Factno URL
Stated stagesEarly, multi stage
“stage words on the home page”
Sep 13, 2026Factno URL
Team pageOct 1, 2026Factno URL
Team pageSep 16, 2026Factno URL
Team pageSep 13, 2026Factno URL
Venture funds reported6Mar 30, 2026FactForm ADV
Venture funds reported6Mar 30, 2026FactForm ADV
Venture funds reported12Mar 29, 2024FactForm ADV
WebsiteSep 12, 2026FactForm ADV
WebsiteMar 29, 2024FactForm ADV
Site titleOct 1, 2026Factno URL
Site titleSep 16, 2026Factno URL
Site titleSep 13, 2026Factno URL
How this is scored
Scores, classification basis and filing advisersPrivate equity with venture activity, probableShow
Importance
61
high
Active deployment
55
elevated
Emerging
0
low
Freshness
100
high
Private equity with venture activity · probableSEC registered investment adviser

Registered adviser; venture funds are 30% of 60 private funds

The inputs behind each score
importance
gav: $0 · funds: 0.75 · people: 0.88 · investments: 0.51 · scale basis: Venture-typed funds only (Private equity with venture activity): 9 funds, $377M of $13.2B reported · co investors: 0.63
active deployment
investments 12m: 1 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-30
emerging manager
fund count: 60 · reported gav: $13B · first adv filing: 2012-03-29 · years since first filing: 14.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

11 scored matches, best firstas of
  • score 43.3confidence 90%
    Why: stage fit; activity; cap table
  • score 43.3confidence 90%
    Why: stage fit; activity; cap table
  • score 38.3confidence 90%
    Why: stage fit; activity; cap table

+8 more scored matches

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

2 dated events on the change ledger, latest event first
  • LP commitment disclosed
    2025-12-31source on record
  • Adviser's first ADV filing
    2012-03-29source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.