Vastera: Lead Investor Makes Significant Impact
Sector: Application Software
Stage: Venture + Growth
Location: Dulles, VA
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  • Vastera’s initial product was a point-automation solution to help major exporters (e.g., Nortel, Microsoft, Gateway) more efficiently process regulatory documentation.
  • Capital and expertise were required to expand the offerings and scale quickly to grab market opportunity.
  • Battery was the sole A round investor, finding the company through targeted research into the logistics-software sector.

The Battery Difference

  • Actively recruited an executive chairman and a new team of VPs.
  • Guided product expansion to include a full suite of international trade logistics solutions.
  • Repositioned the business to focus on a managed-service offering, which led to the signing of a major outsourcing contract with Ford Motor Company.
  • Facilitated several rounds of additional financing to fuel growth.


  • Battery helped guide the company from $2M to more than $80M in revenue.
  • NASDAQ: VAST, September 2000