battery-ventures
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Battery Ventures Plays Every Stage of the Technology Stack
The 43-year-old investor combines venture capital, growth equity and buyouts under one technology thesis. Its newest $3.25 billion fund is a test of whether stage flexibility matters more than category fashion.
LEEO
LEEO is a commercial auto insurance managing general agent (MGA) that uses telematics, agentic AI, and data science to underwrite, price, and manage risk for fleets. Formerly known as Fairmatic, the company rebranded and relaunched on December 15, 2025 under CEO Jeffrey Chen. It serves brokers and fleet operators - focusing on segments like non-emergency medical transport, light business auto, and last-mile delivery - with fast AI-driven quoting and binding, actionable safety insights, and a telematics-based claims process that can detect crashes and auto-fill incident reports. LEEO is backed by Battery Ventures, Foundation Capital, and Aquiline Technology Growth.
Levelpath
Levelpath is a San Francisco-based enterprise software company building an AI-native procurement platform that unifies intake, sourcing, contracts, and supplier management in one system. Founded in 2022 by the team behind Scout RFP (acquired by Workday for $540M), Levelpath aims to make procurement software people actually enjoy using - mobile-first, fast, and powered by AI agents that automate the repetitive 'ugh' work of buying at large companies. It has raised roughly $100M total, most recently a $55M+ Series B led by Battery Ventures in June 2025.