Prepared Before the Moment That Matters.

Bringing discipline, preparation, and long-term perspective to every investment we make.

Built on the Backswing

In golf, the backswing is the sequence that brings the club to its apex before impact—the most critical phase of a well-executed stroke. It’s where balance is established, direction is set, and outcomes are shaped long before contact is made. We believe investing works the same way.

At Backswing Ventures, our work happens before the moment everyone else sees. We focus on preparation, fundamentals, and positioning—so when it’s time to execute, companies are built to perform.

Our Philosophy

An Approach Built on Preparation

Backswing Ventures was built with a clear mandate: invest selectively, operate with discipline, and remain focused on outcomes. In defense and national security, there is little margin for error. Execution matters. Reliability matters. And long-term relevance matters most.

Defense & National Security

We invest with conviction, guided by rigorous diligence and a long-term perspective.

Defense-Aligned Experience

We understand the realities of building and scaling companies in defense and national security markets.

Return-Driven Focus

Our responsibility is clear: protect capital and deliver durable, long-term returns for our investors.

Fund Overview

An Evolving Investment Platform

Fund I

Diversified early-stage investments.

Fund II

Security and defense-focused investments.

Fund III

National security and defense technologies (actively investing).

Our Team

Where Expertise Meets Discipline

Backswing Ventures is led by investors committed to disciplined capital deployment and long-term value creation. We work closely with founders, remain deeply engaged, and approach every partnership with preparation and intent.

Kyle Asman

Managing Partner

Kyle founded Backswing in 2020 and has since launched three funds focused in the defense and national security space, generating significant returns for investors. Before Backswing, he co-founded BX3 Capital and worked at several major investment banks. He’s a graduate of Arcadia University and an avid golfer and skier.

Michael Vergura

Partner

Mike is passionate about investing in and overseeing the growth of early-stage companies. He was one of the original investors in Backswing’s Fund I and became a Partner during the formation of Fund II. Mike is involved in all aspects of the Fund’s operation, from fundraising to investment selection. Before joining Backswing, Mike enjoyed a 30-year career as a commercial real estate underwriter and lender with investment and commercial banks, including Lehman Brothers, Capital One, and PNC Bank. He has been involved in alternative investments for over 10 years. Mike holds a Bachelor of Business Administration in Finance from the University of Notre Dame and a Master of Business Administration in Finance from the Stern School of Business at New York University.

Audrey Haugh

Principal

Audrey Haugh is a Principal at Backswing Ventures, where she supports deal sourcing, due diligence, investor relations, and fundraising across the firm’s defense and national security portfolio. She helps strengthen Backswing’s presence through strategic investor engagement, company evaluation, platform management, and relationships with organizations such as DARPA, NavalX, AFWERX, and Army DEVCOM. Her work focuses on identifying emerging dual-use technologies with potential for government and commercial adoption and supporting founders as they scale within the defense ecosystem. Audrey holds a Bachelor of Science in Kinesiology & Exercise Science, with a minor in Entrepreneurship, from the University of Texas at Austin. Outside of work, she is an avid skier and enjoys time with her family and two miniature schnauzers.

Built for Long-Term Outcomes

At Backswing Ventures, we believe the most important work happens before the moment of impact. That belief shapes how we invest, how we partner, and how we measure success—over the long term.

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