Battery Ventures XI - B, L.P.
Battery Ventures · adviser of record: Battery Management Corp. · 2015 vintage
Battery Ventures XI - B, L.P. is a 2015 venture fund managed by Battery Ventures, with $650mm raised (Form D, amount sold). It reported $423mm in gross assets at year-end 2025, 0.65x its size, against a peak of $608mm in 2021.
- Latest value held
- $423mm year-end 2025
- Peak
- $608mm year-end 2021
- Fund size
- $650mm Form D, amount sold
- Held vs. size
- 0.65x peak 0.94x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $423mm | 0.65x | +16% over 2 yrs |
| 2023 | $364mm | 0.56x | -4% |
| 2022 | $380mm | 0.58x | -37% |
| 2021 | $608mm | 0.94x | +146% |
| 2020 | $247mm | 0.38x | +23% |
| 2019 | $201mm | 0.31x | +20% |
| 2018 | $168mm | 0.26x | +31% |
| 2017 | $128mm | 0.20x | -4% |
| 2016 | $133mm | 0.20x | -2% |
| 2015 | $136mm | 0.21x | – |
Other funds from Battery Ventures
- Battery Ventures XIV, L.P. 2022
- Battery Ventures XIV (Aiv I Cayman), L.P. 2022
- Battery Ventures Select Fund II, L.P. 2022
- Battery Ventures Select Fund II (Aiv I Cayman), L.P. 2022
- Battery Investment Partners XIV, L.P. 2022
- Battery Ventures XIV-EF, L.P. 2022
- Battery Investment Partners XIV (Aiv I Cayman), L.P. 2022
- Battery Ventures XIV-EF (Aiv I Cayman), L.P. 2022
- Battery Ventures Select Fund I, L.P. 2021
- Battery Ventures XIII (Aiv IV), L.P. 2021
- Battery Ventures XIII Side Fund (Aiv IV), L.P. 2021
- Battery Ventures Select Fund I (Aiv I Cayman), L.P. 2021
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-7638004188. Data updated October 13, 2026.
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