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 Xiv, L.P.
Battery Ventures Xiv, L.P.
Amounts, each with its basis
- Vintage
- 2022basis: 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
- $3.5Bwhat may be sold, not what was raised; file 021-436919, sworn by the adviser or filed under this vehicle
- Form D sold
- $3.0Bas of the filing of Mar 11, 2022, 194 investors
- First sale
- Feb 24, 2022
- Reported GAV
- $2.9Bon the Form ADV filed Mar 29, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 212
- Reported on ADV
- Mar 30, 2023 to Mar 29, 2024
Fundraising evidence
Unknown
latest Form D 2022-03-11, older than 15 months (fr-1)
evidence dated Mar 11, 2022. 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
Active deployment
vintage 2 to 4 years
age years: 4first sale: 2022-02-24vintage year: $2,022adv gav as of: 2024-03-29vintage basis: form_d_first_saleform d sold usd: $3.0Bform d offering usd: $3.5Bform d latest filed at: 2022-03-11
The fund's own reporting through time
3 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 30, 2023 | Venture Capital Fund | $3.2B | 212 | $340,600 | 1% | yes | |
| Apr 24, 2023 | Venture Capital Fund | $3.2B | 212 | $340,600 | 1% | yes | |
| Mar 29, 2024 | Venture Capital Fund | $2.9B | 212 | $340,600 | 1% | yes |
Principals and agents
11 principals on Form D, 1 placement agents
- Michael Brown Executive Officer
- Zack Smotherman Executive Officer
- Dharmesh Thakker Executive Officer
- Battery Partners GP XIV, LLC Executive Officer
- Morad Elhafed Executive Officer
- Battery Partners XIV, L.P. Executive Officer
- Chelsea Stoner Executive Officer
- Roger Lee Executive Officer
- Jesse Feldman Executive Officer
- Russell Fleischer Executive Officer
- Neeraj Agrawal Executive Officer
- Goldman Sachs & Co. LLC placement agent
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 | 2022 | $24.0M | 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 XIV LP: $24,000,000 committed, vintage 2022LP commitment disclosed Fact Public pension and endowment private-markets disclosures (CalPERS, CalSTRS, WSIB, NYSCRF, Texas TRS, UTIMCO ...)
- Mar 30, 2023Battery Ventures Xiv, L.P. first reported on Form ADV by Battery Management Corp. (Venture Capital Fund), GAV $3,161,301,274Fund 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)
- Mar 11, 2022Battery Ventures XIV, L.P. filed Form D: $3,042,078,283 sold of $3,500,000,000, 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 Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Not Applicable Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: DELAWARE Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $3.0B Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $3.5B Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2022-02-24 Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 194 Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 340,600 Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: ONE MARINA PARK DRIVE, SUITE 1100, BOSTON, MA, 02210 Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2022 Mar 11, 2022 Fact SEC EDGAR Form D data sets (quarterly)