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Morad Elhafed

General Partner
Joined Battery in 2008
Focus Areas: Application Software, Infrastructure Software
Areas of Interest: Industry-specific software
"I love backing great software leaders wherever they are—from businesses in Cincinnati to the Mittelstand in Germany—and helping teams scale their businesses in novel ways."

Morad, a native of Morocco, focuses on industry-specific software deals in the U.S. and Europe.


As a general partner at Battery, Morad focuses on growth and private-equity investments in the software sector. He is active in the firm’s investment activities in North America and Europe. Based in the firm’s Boston office, Morad works closely with Battery’s London team.

Currently, he is involved with Battery’s investments in 1WorldSync (a platform company including CNET Content Solutions, LANSA PIM, Simplus, Snap36, and Swogo); AdaCore; Clubessential Holdings (composed of BlueGolf, Clubessential, ClubReady, Exerp, foreUP, Innovatise, PrestoSports, The Assistant Company, and Vermont Systems); Craftview (composed of es2000, Gilde Software, KS21, Moser, OS Datensysteme and WinWorker); CrunchTime! (composed of discoverlink and Zenput); Forterro (composed of 123Insight, Abas Software, BPSC, Clip Industrie, Infocube, Jeeves, myfactory, Orderwise, Proconcept, Silog and Sylob); MadCap; ORTEC; Shiftmove (formerly Avrios/Vimcar); Smartling; Tech Soft 3D (composed of Ceetron AS, Redway3d and Visual Kinematics); VertiGIS (composed of AED-SICAD, Dynamic Design Group, EDP, Geocom Group, KMS, Latitude Geographics, Mapcom Systems and SynerGIS); and Vita Mojo.

He was also involved with CAMBRIO (acquired by Sandvik); IHS (acquired by Sabre); Mendix (acquired by Siemens); Neolane (acquired by Adobe); Olo (NYSE: OLO); SingleHop (acquired by INAP); and Vero Software (acquired by Hexagon).

Before Battery, Morad worked in the technology investment-banking practice at RBC Capital Markets, where he focused on M&A, equity and debt financings. Morad graduated with a BBA from the Ross School of Business at the University of Michigan.

He is a member of the Forbes Business Council, where he contributes regular thought leadership. Morad is often quoted on topics related to technology and business in publications such as Bloomberg, The Wall Street Journal, Mergers & Acquisitions, and others.

Morad was recognized as Growthcap’s Top 40 Under 40 Growth Investors of 2021.

Morad was recognized on Boston Business Journal’s 40 Under 40 list.

Morad shares his perspective on the increasing number of private-equity-backed companies going public in The Wall Street Journal.

Morad discusses the massive software-upgrade cycle taking place across industries in Mergers & Acquisitions.

In Bloomberg, Morad discusses Olo’s IPO and how the digital ordering platform for restaurants swiftly responded to its clients needs during the Covid-19 crisis.