Private Equity Firm Software

Battery Ventures

Boston, Massachusetts, United States

Battery invests in potentially cutting-edge, category-defining businesses in markets including application software, IT infrastructure technologies, consumer internet and mobile services, and industrial technologies. Founded in 1983, the firm backs companies at stages ranging from seed to growth and private equity, and invests globally from offices including Boston.

Focus Areas
Application software, IT infrastructure technologies, Consumer internet and mobile services
Website
battery.com

Tracked deals

35

35 tracked deals across 2018-2026.

Recent pace

6

6 tracked deals announced in the last 12 months.

Deal mix

Buyout

13 buyout · 11 growth capital · 10 addon

Battery Ventures Acquisition Volume by Year

Last 9 years

Acquisition volume by year Annual acquisition counts for the last 9 years for Battery Ventures. 1 2018 1 2019 3 2020 5 2021 6 2022 5 2023 6 2024 5 2025 ~5 est. 3 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 35 tracked deals for Battery Ventures.

  • Buyer
    VertiGIS, Battery Ventures
    Target
    1Spatial
    Industry
    Data & Analytics
    Location
    Cambridgeshire, United Kingdom
    Type
    Buyout

    VertiGIS completed the acquisition of 1Spatial in a take-private deal valued at approximately £87.1 million. The combined offering integrates VertiGIS’ industry application workflows with 1Spatial’s location master data management (LMDM) rules engine to improve data quality and automation for AI-enabled geospatial networks.

  • Buyer
    steute Technologies GmbH & Co. KG, Battery Ventures
    Target
    Electro-Sensors, Inc.
    Industry
    IT Services
    Type
    Addon

    steute Technologies GmbH & Co. KG has entered into a definitive merger agreement to acquire Electro-Sensors, Inc. for $7.75 in cash per share, representing about a 75% premium over the April 20, 2026 closing price. The deal is expected to close in the first half of 2026, after Electro-Sensors shareholder and other customary regulatory approvals, and would make Electro-Sensors a wholly owned subsidiary.

  • Buyer
    Reliability Won, Battery Ventures
    Target
    Fluid Life
    Location
    Alberta, Canada
    Type
    Addon

    Reliability Won, a Battery Ventures–backed asset-reliability platform, has acquired Fluid Life, a lubrication and oil-analysis provider with four laboratories across the U.S. and Canada. The deal expands Reliability Won’s capabilities into oil-condition monitoring as an add-on to its existing Knowledge pillar and will keep Fluid Life operating under its existing brand and leadership.

  • Buyer
    Battery Ventures
    Target
    Signal AI
    Location
    United Kingdom

    Signal AI, a global risk and reputation intelligence platform, announced that Battery Ventures has agreed to lead a significant growth-equity investment. Battery will hold a majority stake, while existing minority investors Highland Europe, Mercuri, and MMC Ventures will retain minority positions. The transaction is expected to close in Q4 2025, subject to customary closing conditions.

  • Buyer
    Syndigo, Summit Partners, TJC, L.P., Battery Ventures
    Target
    1WorldSync
    Industry
    Cloud & SaaS
    Type
    Addon

    Syndigo has acquired 1WorldSync to create a combined AI-first Product Experience Management (PXM) business serving brands, retailers and distributors globally. The deal — which brings together Syndigo and 1WorldSync under a PE-backed ownership group including Summit Partners, TJC, L.P., and Battery Ventures — expands Syndigo's network, product capabilities and global footprint.

  • Buyer
    Battery Ventures, Bethpage Parent, Inc.
    Target
    Enzo Biochem, Inc.
    Type
    Buyout

    Battery Ventures will acquire Enzo Biochem in an all-cash transaction for approximately $37 million, valuing Enzo at $0.70 per share. The deal was announced after Enzo’s board entered into an Agreement and Plan of Merger on June 23, 2025, and is expected to close in the third quarter of 2025 subject to customary closing conditions and shareholder approval.

  • Buyer
    Reliability Won, Battery Ventures
    Target
    Noria Corporation
    Type
    Addon

    Reliability Won, a Battery Ventures–backed industrial asset-reliability platform, has acquired Noria Corporation, a Tulsa-based provider of lubrication management, oil analysis services, training and related software. The deal brings Noria into Reliability Won's portfolio alongside Mobius Institute to expand the platform's capabilities in lubrication, oil analysis, training and condition-monitoring services for industrial end markets.

  • Buyer
    Battery Ventures
    Target
    Signiant
    Industry
    Cloud & SaaS

    Battery Ventures has made a majority growth investment in Signiant, a Lexington, Massachusetts-based provider of cloud-native file transfer SaaS for the media industry. The terms were not disclosed; Signiant will use the funds to accelerate product development, go-to-market expansion and pursue potential acquisitions, and two Battery partners will join Signiant's board.

  • Buyer
    Battery Ventures
    Target
    TrueContext (formerly ProntoForms)
    Industry
    Software
    Location
    Ontario, Canada
    Type
    Buyout

    Battery Ventures has completed a take-private acquisition of Canadian field-service workflow software company TrueContext (formerly ProntoForms) for C$150 million (C$1.07 per share), resulting in TrueContext's delisting from the TSX Venture Exchange. TrueContext, headquartered in Kanata/Ottawa, provides a mobile SaaS platform for field data collection and workflow automation used by enterprise customers across healthcare, oil & gas, and industrial equipment markets; Battery intends to accelerate product development and scale the business organically and via targeted acquisitions.

  • Buyer
    Battery Ventures
    Target
    Labguru (BioData Inc.)
    Seller
    Holtzbrinck Digital
    Industry
    Cloud & SaaS
    Location
    Israel
    Type
    Addon

    Battery Ventures acquired Labguru (BioData Inc.) from Holtzbrinck Digital and will combine Labguru with its portfolio company Titian Software to create an integrated, global life-science lab- and sample-management platform. Labguru's ELN/LIMS/informatics capabilities will be folded into the Titian-led platform to expand end-to-end offerings for biotech, pharma and research institutions; terms were not disclosed.

  • Buyer
    LI-COR Environmental, Battery Ventures
    Target
    Onset (HOBO Data Loggers)
    Type
    Buyout

    LI-COR Environmental, backed by Battery Ventures, has acquired Onset, the maker of HOBO and InTemp data loggers, to broaden its environmental monitoring and sensor network capabilities. The deal brings Onset's data acquisition, sensor networks, and cloud-based monitoring technology into LI-COR's greenhouse gas measurement portfolio to support expanded applications in agriculture, coastal research, renewable energy, and cold-chain monitoring.

  • Buyer
    Battery Ventures
    Target
    AdaCore SAS
    Industry
    Software
    Location
    Île-de-France, France

    Battery Ventures has made a strategic growth investment in AdaCore SAS to support the company's expansion of high-integrity software development tools for safety- and security-critical systems. The capital will be used to enhance AdaCore's product portfolio — including static/dynamic analysis, formal methods, machine learning and safety-certification capabilities — while Robbie Payne (Battery EIR) will join AdaCore's board; DDA & Company served as AdaCore's exclusive financial advisor.

Related Acquisition Pages

Selling a company? Get in front of buyers like Battery Ventures

Turn tracked acquisition activity into an outreach-ready buyer list.