The Fort Worth-based Eagle Venture Fund has launched Eagle Freedom Fund II, the second in a series of investment funds dedicated to investing in tech innovation to fight human trafficking. Former Heisman Trophy winner and NFL quarterback Tim Tebow is a general partner.

The fund, which will target $50 million, builds on the success of Eagle Freedom Fund I, which already has invested in 20 high-growth companies delivering measurable impact across healthcare, law enforcement, technology, and frontline response. The Tebow Group is partnering with Eagle Freedom Fund to accelerate industry efforts to protect the most vulnerable, the firm said.

Dallas Innovates told you about the $18 million Freedom Fund 1 in April.

“The first Eagle Freedom Fund seeded the counter-trafficking industry,” Wes Lyons, general partner, Eagle Freedom Fund II, said in a statement. “The second Eagle Freedom Fund will grow the counter-trafficking industry.”

Per the firm, since its launch, Fund I portfolio companies have helped to:

  • Train 6,000 doctors and nurses to identify trafficking victims
  • Protect more than 50,000 children from online exploitation
  • Assist in the escape of 149 trafficking victims
  • Contribute to the arrest of 39 traffickers

 

These businesses have not only created measurable social impact—they are also experiencing strong financial growth, evidencing that purpose and profit can go hand-in-hand, Eagle Venture Fund said.

“We need bold, strategic action in the fight against trafficking,” Tebow said in a statement. “That’s what gets me excited about Eagle Freedom Fund II—the chance to reach a scale of impact that can reach millions of children. I just had a daughter, and I’m hungry to build a safer future for our children.”

The fund’s growth and reach have been amplified by leading wealth management partners like Keel Point. With the launch of the second fund, Eagle said it is welcoming additional “values-aligned investors.”

“We’ve been energized by our partnership with the Eagle Freedom Fund,” said Lyle Minton, CIO of Keel Point. “The first fund has been a successful addition to our values-based investment platform, and the portfolio companies are already producing tangible impact results for investors who want to align investment capital with their values and mission. We expect Eagle Freedom Fund II to continue to deliver impact and investment returns to our clients.”

A global impact venture capital firm, Eagle Venture Fund consists of several funds investing in early-stage technology companies that align profit with purpose. It also has offices in Zurich and Singapore.

Don’t miss what’s next. Subscribe to Dallas Innovates.

Track Dallas-Fort Worth’s business and innovation landscape with our curated news in your inbox Tuesday-Thursday.

 

R E A D   N E X T

  • The fund is said to be “the first investment fund in the world” dedicated to investing in tech innovation to fight human trafficking. “It’s an honor to partner with so many amazing leaders in our mission to protect the most vulnerable,” said former NFL QB Tim Tebow, a general partner in the fund.

  • Dallas-Fort Worth is the second metro to receive investment from the new $10M fund, as Flock and Homegrown bet on local entrepreneurs to grow jobs, storefronts, and economic momentum with flexible, non-dilutive capital.

  • Headquartered in Dallas with offices in 10 cities around the world, the PE firm said its latest commercial real estate firm will target opportunistic and value-add commercial real estate investments including direct commercial real estate equity, debt portfolios, and commercial real estate-related operating companies.

  • Dallas-based Cresta Fund Management said its second investment in Lapis reflects its continued conviction in the company’s leadership and strategy to develop bespoke carbon capture solutions for high-intensity emission sources.

  • Canyon’s CRED III represents the firm’s largest U.S. real estate debt fund to date, surpassing its $1 billion fundraising target and nearly doubling its $650 million predecessor fund.