Morad Elhafed

General Partner, Battery Ventures
Morad Elhafed focuses on bootstrapped, founder-owned software, using control or structured deals to reset growth expectations, consolidating fragmented European verticals for U.S. expansion and demanding clear AI and go-to-market stories.
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Avg Check
$1M - $60M
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Does their fund Lead?
Yes
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Geos their fund invests in
USA, Europe, Israel
Morad Elhafed
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Sectors their fund invests in
SaaS
Consumer
Devtools
Deeptech / Hardware
Biotech
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$1M - $60M
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Leads?
Yes
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About Morad Elhafed

Morad Elhafed focuses on bootstrapped, founder-owned software companies and uses control or structured deals to help them reset to more realistic growth plans rather than forcing a unicorn narrative. He leads Battery's European software strategy by consolidating fragmented vertical software providers and bringing their technology to the U.S., while pushing founders to develop clear AI stories in both product and go-to-market.

About their Fund

Battery Ventures

Sectors
SaaS, Consumer, Devtools, Deeptech / Hardware, Biotech
Rounds
Seed - Series B+
Avg Check Size
$1M - $60M

Battery operates a stage-agnostic model under one brand, investing from seed to buyouts rather than splitting activities into separate funds, and built a dedicated buyouts arm alongside venture practice after the dot-com crash to back themes in both minority growth deals and full-control transactions. The firm provides a formal Portfolio Services platform that functions like an internal consulting group covering talent, go-to-market, marketing and finance, while deliberately doing fewer deals than comparable funds to concentrate capital and time on building category leaders.

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