DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Funds / Battery Ventures Xi - a, L.P.
Battery Ventures Xi - a, L.P.
HarvestClosed to new capitalFeeder or parallelADV: Private Equity FundBattery Management Corp.Delaware
Amounts, each with its basis
- Vintage
- 2016basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $650Mwhat may be sold, not what was raised; file 021-258203, sworn by the adviser or filed under this vehicle
- Form D sold
- $650Mas of the filing of Feb 26, 2016, 73 investors
- First sale
- Feb 16, 2016
- Reported GAV
- $1.4Bon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 78
- Reported on ADV
- Mar 24, 2016 to Mar 29, 2024
Fundraising evidence
Closed to new capital
Form D filed or amended 2016-02-26: the stated $650.0M offering reported fully sold (fr-1)
evidence dated Feb 26, 2016. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Harvest
vintage over 7 years, still reported
age years: 10first sale: 2016-02-16vintage year: $2,016adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $650Mform d offering usd: $650Mform d latest filed at: 2016-02-26
The fund's own reporting through time
13 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 24, 2016 | Venture Capital Fund | $514M | 74 | 1% | yes | ||
| Jun 14, 2016 | Venture Capital Fund | $514M | 74 | 1% | yes | ||
| Mar 23, 2017 | Venture Capital Fund | $503M | 74 | 1% | yes | ||
| Mar 26, 2018 | Venture Capital Fund | $485M | 74 | 1% | yes | ||
| May 9, 2018 | Venture Capital Fund | $485M | 74 | 1% | yes | ||
| Mar 29, 2019 | Private Equity Fund | $647M | 74 | 1% | yes | ||
| Mar 30, 2020 | Private Equity Fund | $763M | 75 | 1% | yes | ||
| Apr 29, 2020 | Private Equity Fund | $763M | 75 | 1% | yes | ||
| Mar 31, 2021 | Private Equity Fund | $937M | 75 | 1% | yes | ||
| Mar 31, 2022 | Private Equity Fund | $2.3B | 75 | 1% | yes | ||
| Mar 30, 2023 | Private Equity Fund | $1.4B | 76 | 1% | yes | ||
| Apr 24, 2023 | Private Equity Fund | $1.4B | 76 | 1% | yes | ||
| Mar 29, 2024 | Private Equity Fund | $1.4B | 78 | 1% | yes |
Principals and agents
10 principals on Form D, 0 placement agents
- Roger Lee Executive Officer
- Neeraj Agrawal Executive Officer
- Dharmesh Thakker Executive Officer
- Chelsea Stoner Executive Officer
- Michael Brown Executive Officer
- Battery Partners XI, LLC Executive Officer
- Itzik Parnafes Executive Officer
- Russell Fleischer Executive Officer
- Jesse Feldman Executive Officer
- Scott Tobin Executive Officer
Limited partners and their reported performance
1 public LP report
| LP | Vintage (LP’s) | Committed | Paid in | Distributed | Remaining value | Net IRR | Multiple | As of |
|---|---|---|---|---|---|---|---|---|
| Alaska Permanent Fund Corporation apfc.org | 2016 | $25.0M | n/a | n/a | n/a | not meaningful yet | unknown | Dec 31, 2025 |
Each row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
3 events
- Dec 31, 2025APFC reports Battery Ventures XI-A LP: $25,000,000 committed, vintage 2016LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 24, 2016Battery Ventures Xi - a, L.P. first reported on Form ADV by Battery Management Corp. (Venture Capital Fund), GAV $514,130,771Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Feb 26, 2016Battery Ventures XI-A, L.P. filed Form D: $650,000,000 sold of $650,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
16 observations
Every observation on this vehicle
- Entity type: Limited Partnership Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $650M Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $650M Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2016-02-16 Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 73 Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: ONE MARINA PARK DRIVE, SUITE 1100, BOSTON, MA, 02210 Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2016 Feb 26, 2016 Fact SEC EDGAR Form D data sets (quarterly)