Navy Yard Capital

Tom Anselmo and Bob Cacchioli serve as managing partners and make all investment decisions jointly. Each has a prior track record as a startup founder and operator, which they apply directly to diligence and portfolio-company board work. The firm does not maintain a separate investment committee of outside advisors.

The firm focuses on Seed-stage companies, typically entering as the first or second institutional check. Its deployment range runs from a few hundred thousand dollars to roughly $2 million per initial investment. Navy Yard concentrates on early go-to-market execution and does not participate in growth equity or later-stage rounds outside of pro-rata follow-ons.

Enterprise infrastructure, cybersecurity, and physical automation sit at the core of the portfolio. The firm has disclosed positions in Shift5, a military and transportation platform security company, and Rescale, a simulation platform. It explicitly favors companies whose revenue paths run through federal procurement, industrial supply chains, or regulated critical infrastructure.

Yes. Navy Yard operates within an informal network of Mid-Atlantic and dual-use technology investors. Portfolio company board seats are shared with firms like Squadra Ventures and Lytical Ventures. The partnerships seek out generalist firms that also have domain expertise in government contracting and industrial operations.

Navy Yard invests directly in operating companies. There is no public record of the firm making fund-of-funds commitments or acting as a limited partner in other venture funds. Their capital is deployed as equity directly onto startup cap tables.