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Battery Ventures

Battery Ventures

Venture Capital

Battery Ventures is a global, technology-focused investment firm with a four-decade track record.

Portfolio

6

companies


Portfolio companies

SA

Signal AI

Signal AI provides an artificial intelligence platform for corporate risk and reputation management.

Plain

Plain

Plain provides a collaborative customer support platform for modern businesses.

Hyperexponential

Hyperexponential

Hyperexponential builds pricing decision intelligence software for the insurance industry.

VM

Vita Mojo

Vita Mojo supplies full-stack software to automate restaurant operations and digital ordering.

Matillion

Matillion

Matillion offers a data productivity platform designed to prepare cloud data for analytics and artificial intelligence.

Soldo

Soldo

Soldo provides a digital pay and spend automation platform for businesses.


Team

Dharmesh Thakker

Dharmesh Thakker

General Partner

Dharmesh is a general partner at Battery Ventures, supporting early founders building artificial intelligence infrastructure and applications. He also holds investor roles across several organisations, including SambaNova, Fundamental, Baseten, Quantum Art, Reflection AI, and Tenzai.

LinkedIn
ME

Morad Elhafed

General Partner

ZE

Zak Ewen

Principal

MR

Marcus Ryu

Partner

NA

Neeraj Agrawal

General Partner

CS

Collier Searle

Principal

DT

Dave Tabors

Private equity partner


Recent investments

Series A
£12.0M

Battery Ventures led the Series A round to support platform development and US expansion.

"Support is no longer just about closing tickets – it’s about building long-term relationships. The migration to collaborative, real-time channels is changing the way businesses interact with customers. Plain is the platform designed for this new reality, helping companies deliver support that’s fast, effective, and aligned with their customers’ needs."
— Simon Rohrbach, Co-founder and CEO
Series B
£57.3M

Battery Ventures led the financing round, with participation from a16z and Highland Europe.

"We've focused on building a capital-efficient, independent business that was both high-growth and sustainable from the outset. Although we have more cash-on-hand than we've raised, we wanted to bring on new expertise in our target markets as we continue our growth into new verticals and geographies. We are delighted to have attracted a world-class set of investors who bring an unparalleled combination of experience, expertise, and support to hyperexponential in the next phase of our expansion."
— Amrit Santhirasenan, CEO
Series B
£24.8M

Battery Ventures led the financing round, which will support product enhancement and team growth across engineering and client success.

"The headwinds and opportunities facing restaurants today are enormous. Operators are adapting to changing customer preferences around dining and ordering as well as monumental market disruptions – first the pandemic, then supply-chain disruptions and a labour shortage. This has dramatically changed how restaurants operate and shrunk profit margins for those not able to adapt,"
— Nick Popovici, CEO
Seed
£108M

General Atlantic led the Series E financing round to support the company growth.

"Enterprises need to effectively close information gaps by rapidly transforming operational data into analytics-ready datasets that fuel business intelligence, AI, and ML innovation,"
— Matthew Scullion, CEO and Co-founder
Series C
£132M

Temasek led the oversubscribed Series C round with participation from Sunley House Capital and Citi Ventures.

"We are delighted to welcome Temasek as the lead investor. With a track record of investing in category-leading fintechs, Temasek’s insights will be valuable to us as we scale our platform and offering. Managing business spend is costly and challenging, yet Soldo continues to demonstrate its value and ease to customers of every size and across every industry. It’s clear this category will see exponential growth as more businesses realise the benefits and Soldo is well placed to support them."
— Carlo Gualandri, CEO and Founder
Series D+
£72.2M

Lightspeed Venture Partners led the Series D round, which included participation from Battery Ventures, Sapphire Ventures, Scale Venture Partners, and Silicon Valley Bank UK Branch.

"Modern data teams are facing an influx of data from across the enterprise, while under immense pressure to rapidly deliver the actionable insights required to compete in today's digital economy,"
— Matthew Scullion, CEO and Co-founder
Series B
£48.7M

The Series B round was co-led by Battery Ventures and Dawn Capital to accelerate international growth.

"I’m very proud of the team’s achievements over the past 12 months, but we have barely scratched the surface of the opportunity ahead of us. There are over 3 million businesses in our target markets, the UK and Italy, and over 5.5 million businesses in the next three largest markets in Europe. Most of these businesses are still using reimbursable expenses, spreadsheets and manual processes to manage the expense management cycle. The time saving and additional control over company spending and expense management that Soldo offers businesses of all sizes is a true game-changer, and we will continue to accelerate growth and consolidate our position as market leaders in the UK, Italy and Ireland over the next 12 months."
— Carlo Gualandri, CEO and Founder