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Chelsea Stoner

General Partner
San Francisco
Joined Battery in 2006
Focus Areas: Application Software
Areas of Interest: Vertical SaaS, healthcare IT
"I’m a people person—and a recovering chemical engineer—who will fly anywhere to find passionate people building the next great SaaS company. I love true grit and creativity in a team."

Chelsea specializes in seeking out promising, vertically focused software companies, including in healthcare-IT, and helping them scale to reach their potential.


Chelsea focuses on investments in the software sector. She is particularly interested in vertically focused SaaS companies, including the healthcare vertical. Chelsea serves on the boards of ContinuumCloud, Curve Dental, Maxio, Ontra (formerly InCloudCounsel), PageUp and Redox, and she is an investor in Honeybook. Her previous investments include Avalara (NYSE: AVLR), Brightree (acquired by ResMed), ClearCare (acquired by Wellsky), Data Innovations (acquired by Roper Industries), Glassdoor (acquired by Recruit Holdings), Groupon (NASDAQ: GRPN), Guidewire (NYSE: GWRE), Intacct (acquired by Sage), Marketo (NASDAQ: MKTO, acquired by Vista Equity Partners), RealPage (NASDAQ: RP) and WebPT (acquired by Warburg Pincus).

In 2013, Chelsea was named to the Forbes Midas “Hot Prospects” list of up-and-coming venture capitalists, and in 2018 she was included on Business Insider’s 23 Top Venture Capitalists in Enterprise Tech list.

Prior to Battery, she was an associate at the private equity firm Key Principal Partners. Earlier in her career, Chelsea was a manager at Accenture and she also has held positions with Merrill Lynch and with Classified Ventures. She received a BS with honors in chemical engineering from Northwestern University and an MBA from the University of Chicago. She also currently sits on the Northwestern University Engineering School Board, as well as the University of Chicago Booth School Private Equity Council. Currently Chelsea serves on the Healthcare Technology Advisory Council for the Cleveland Clinic.

Chelsea was recognized as GrowthCap’s Top 25 Healthcare Investors of 2022

Chelsea talks about Battery’s 13th family of funds, capitalized at a combined $2 billion, in this Fortune post.

Battery Ventures General Partner Chelsea Stoner explains why she looks for startups that can’t be reached by a direct flight in Business Insider.

Chelsea pens an op-ed in Mergers & Acquisitions on the booming outpatient physical therapy market.

Chelsea is profiled in Fortune’s Term Sheet.

Chelsea discusses the signs a small company needs to expand through acquisitions in TechCrunch

Chelsea delivers the 2016 commencement address at Northwestern University’s McCormick School of Engineering

Chelsea’s portfolio company Intacct is acquired by Sage for $850 million

Chelsea interviewed in “Women in Business” series with Huffington Post

Chelsea profiled as a “Rising Star” in Private Equity Analyst

The Business Journal’s Biz Women profile on Chelsea and her relationship with WebPT founder, Heidi Jannenga

The Wall Street Journal on Chelsea’s promotion to Battery general partner

Chelsea in the Seattle Times discussing Avalara’s business and company culture