Nava Ventures

Co-Founders Freddie Martignetti and Cory Rellas lead the firm alongside General Partner Kevin Chenault. Martignetti built his early-stage approach at Highland Capital Partners and his own Suffolk Equity Partners. Rellas brings operator leverage as the former co-founder and CEO of Drizly, which he sold to Uber for $1.1 billion in 2021. Chenault, a Harvard Business School graduate, contributes experience from DraftKings and Nickelodeon's digital strategy teams.

Nava relies heavily on the networks of its operating partners rather than a formal outbound engine. Rellas's network from Drizly and Uber connects the firm to e-commerce and marketplace founders. Martignetti brings access through his Harvard and Highland Capital relationships, while Principals Rollins Stallworth III and Tiantian Fang deepen ties into Stanford's engineering and athletic communities.

Nava does not publish a formal exclusion list. However, its portfolio and team biographies show no current exposure to hardware-intensive deep tech, pure biotech, space, or defense. The concentration sits in enterprise software, AI applications, digital health, fintech, and commerce — sectors where the partners' prior operating and investing experience is deepest.

There is no corporate affiliation. The link is through Co-Founder Cory Rellas, who founded Drizly and led it until Uber's 2021 acquisition. After the sale, Rellas spent 16 months on Uber's senior leadership team advising on product and strategy before leaving to co-found Nava full-time. The firm invests independently and does not function as a corporate venture arm for Uber.