Backswing Ventures

About The Fund

Backswing Ventures is an investment firm that likens its investment strategy to the meticulous process of perfecting a golf backswing. The company believes that an effective investment strategy, much like a successful golf stroke, is the result of extensive practice, focus, repetition, and refinement. Founded in 2020, Backswing Ventures began with Fund I during the onset of a global pandemic. Despite the challenges, Fund I has seen positive outcomes with two full exits and a partial secondary sale of an existing portfolio company. This early success and the lessons learned propelled the firm to launch Fund II in early 2023 with a more specialized focus on Defense and Dual-Use Technology spaces. By January 2025, Backswing introduced Fund III and has continued to actively seek capital commitments and new investment opportunities. Their investment thesis centers on three main pillars: a focus on founders, profitability, and impact. They are committed to investing in founders with passion and unwavering execution, companies that generate contract revenue with the potential for profitability within 12-18 months, and enterprises whose technology or services can significantly transform their industry with a competitive edge. Backswing Ventures invests in diverse fields including BioTech, FinTech, Financial Services, Blockchain, Cryptos, Insurance, InsurTech, Medical Devices, and Hospital Services. The firm has defined their investment size with a minimum of $100,000, a 'sweet spot' of $1,500,000, and a maximum of $5,000,000. Their specialties include seed and Series A funding rounds. Backswing's team includes professionals with strong backgrounds in venture capital and startups, such as founders Kyle Asman and Michael Vergura, as well as Principal Audrey Haugh, all of whom leverage their expertise to drive successful investment outcomes.