Eagle Venture Fund: Company Profile

Background

Founded in 2017, Eagle Venture Fund is a venture capital firm headquartered in Southlake, Texas, with additional offices in Zürich, Switzerland, and Singapore. The firm is dedicated to investing in bold entrepreneurs who are committed to fostering human flourishing through innovative solutions. Eagle Venture Fund's mission is to eliminate the tension between profit and impact by supporting companies whose core offerings inherently produce significant social and economic benefits.

Key Strategic Focus

Eagle Venture Fund specializes in early-stage investments, particularly in B2B technology companies that leverage advanced technologies such as artificial intelligence (AI), virtual reality (VR), and blockchain. The firm targets sectors including healthcare, information technology, big data, infrastructure, wellness, manufacturing, SaaS, and B2B payments. Geographically, Eagle Venture Fund focuses on the Mid-Atlantic and Texas regions in the United States, as well as countries in Western Europe and Southeast Asia.

Financials and Funding

Since its inception, Eagle Venture Fund has made 40 investments, with 35 active portfolio companies and three exits. The firm actively seeks new investment opportunities and has demonstrated a commitment to supporting ventures that align with its mission of combining profitability with social impact.

Pipeline Development

Eagle Venture Fund's portfolio includes a diverse range of companies at various stages of development. Notable investments include:

Immerse: A virtual reality language tutoring platform that has become the #1 education app in the metaverse, teaching English and Spanish.

Vurvey: A platform that combines the power of video with the simplicity of a survey, enhancing user engagement and data collection.

Patient Sortal: Provides returning citizens with the best healthcare experience during community reintegration, aiming to improve well-being and reduce recidivism.

LivFul: Discovers, develops, and distributes transformative health solutions, focusing on combating diseases and improving public health.

ArborXR: Simplifies the deployment of extended reality (XR) solutions, making it easier for organizations to adopt and manage XR technologies.

Technological Platform and Innovation

Eagle Venture Fund distinguishes itself through its "Native Impact" investment strategy, focusing on companies whose core products or services inherently produce the intended social impact. This approach eliminates the typical tension between profit and impact, ensuring that financial success and positive societal change are mutually reinforcing.

Leadership Team

The firm's leadership comprises experienced professionals with diverse backgrounds:

Wade Myers: Co-Founder and General Partner, with a background in venture capital and entrepreneurship.

Raffaele Carmine: Co-Founder and General Partner, bringing expertise in international investments and business development.

Wesley Lyons: General Partner, focusing on investments that drive human flourishing and social impact.

Dr. Carl Thong: General Partner at Eagle Ventures Asia, leading the firm's expansion and investment activities in the Asian market.

Tim Ong: Venture Partner, contributing to the firm's strategic initiatives and partnerships.

Leadership Changes

In August 2024, Eagle Venture Fund expanded its operations to Singapore, appointing Dr. Carl Thong as General Partner at Eagle Ventures Asia to lead the firm's activities in the region.

Competitor Profile

Market Insights and Dynamics

The venture capital industry is experiencing significant growth, with increasing interest in impact investing and technology-driven solutions. The global venture capital market is projected to continue expanding, driven by technological advancements and a focus on sustainable and socially responsible investments.

Competitor Analysis

Eagle Venture Fund operates in a competitive landscape alongside notable firms such as Andreessen Horowitz, Sequoia Capital, and Bessemer Venture Partners. These competitors focus on various sectors, including technology, healthcare, and financial services, and have established significant portfolios and market presence.

Strategic Collaborations and Partnerships

Eagle Venture Fund has established strategic partnerships to enhance its investment capabilities and impact:

Garden Impact Fund: In August 2024, Eagle Venture Fund partnered with Garden Impact Fund to strengthen its presence in Singapore and drive innovation in B2B tech and social impact sectors.

Keel Point LLC: In September 2024, the firm announced a partnership with Keel Point LLC, a private wealth management and institutional asset management firm, to collaborate on impact investment initiatives.

Operational Insights

Eagle Venture Fund's strategic focus on "Native Impact" investments positions it uniquely in the venture capital landscape. By investing in companies whose core offerings inherently produce social impact, the firm differentiates itself from competitors and aligns financial success with positive societal change.

Strategic Opportunities and Future Directions

Looking ahead, Eagle Venture Fund aims to expand its investment portfolio by identifying and supporting innovative ventures that align with its mission of combining profitability with social impact. The firm's recent expansion into new regions marks an ongoing commitment to identifying growth opportunities that align with its social impact goals.