Marcus Ryu Joins Battery Ventures as Partner

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Marcus Ryu, Battery Ventures Partner (Photo: Business Wire)

Marcus Ryu, a veteran entrepreneur and technology startup advisor who co-founded and then served as chief executive of Silicon Valley vertical software-as-a-service (SaaS) company Guidewire Software, has joined Battery Ventures as a partner.

Battery—a global, technology-focused investment firm that in July announced it has closed new funds capitalized at $3.8 billion—worked closely with Ryu after investing in Guidewire in 2007. The company went public in 2012.

Guidewire provides a cloud-based, core system platform for property-casualty insurers for their underwriting, policy administration, billing and claims operations.

Earlier in his career, Ryu worked as an engagement manager at McKinsey & Co. and was vice president of strategy at Ariba. He is currently a director of Checkr, Bloomreach, Bestow and Guidewire; previously, he served on the boards of technology companies MuleSoft, Opower, Clearwater Analytics, Cornerstone OnDemand and Procore Technologies. Ryu studied philosophy at New College, Oxford University and holds an A.B. from Princeton University.

FinSMEs

06/10/2022