Nava Ventures

Nava Ventures is an early-stage venture capital firm that partners with ambitious companies seeking to pioneer new markets, disrupt established industries, and deliver meaningful positive impact on a global scale. The firm emphasizes a hands-on approach, providing founders with strategic connections, operational expertise, and more than just capital to accelerate growth. With a focus on transformative technologies, Nava targets sectors including artificial intelligence, healthcare technology, data infrastructure, and fintech innovations.

Founded in 2021 and based in San Francisco, California, Nava Ventures was established by seasoned investors drawing on over a decade of venture capital experience. Key founders include Freddie Martignetti, who previously founded Suffolk Equity Partners and worked at Highland Capital Partners, investing in successes like Warby Parker and Drizly; Cory Rellas, co-founder and former CEO of Drizly, which Uber acquired for $1.1 billion; and Kevin Chenault, a Harvard alumnus with experience at Nickelodeon and DraftKings. The firm emerged from these partners' shared vision to support exceptional founders reshaping industries through AI and modernization of legacy sectors.

Nava Ventures has built a diverse portfolio of 15 investments, featuring standout companies such as Hydrolix (elastic cloud data platform, $80M Series C in 2025), Yurts (secure enterprise AI, $40M Series B in 2024), Open Loop (telehealth platform), Legion (secure AI for critical teams), Union (AI data analytics), Superscript (healthcare pricing), GrowthBook (feature flags), and Gel (open-source database). Recent deals include SmartAC.com ($3M Series B-III in 2025), highlighting the firm's active role in Series A through growth-stage rounds across AI, healthtech, and observability tools.

The Nava team combines deep operational, entrepreneurial, and investment expertise. Freddie Martignetti excels in founder networks from his Harvard background and prior roles; Cory Rellas brings CEO experience from scaling Drizly and Uber strategy; Kevin Chenault offers product and sales acumen from DraftKings and media; with additional principals like Blake Patterson. This craftsman-like approach positions Nava as a 'first-call' partner for founders navigating complex markets.