TIM Tebow has dived into a new business opportunity that will only help add to his already impressive net worth.
It was revealed this week that former NFL and college quarterback soccer legend joined a business as a partner.
3
On Monday, it was revealed by Commercial Wire that Tebow has joined GOVO Venture Partners as a partner.
Based on Winter Park, Florida, GOVO Venture Partners launched its first fund in 2023.
The fund focuses on investing and helping start-up companies for which doing business with the government or navigating government regulations is a key aspect of growth.
The company aims to “support and optimize the success of promising ventures that have the potential to make a significant impact for people in Florida, America and beyond.”
“I’m excited to partner with and invest in GOVO because they care about purpose and people,” Tebow said in a statement.
The 36-year-old has a Florida-based team that will help grow the fund’s portfolio companies, which to date have seven companies dealing with cloud clinical healthcare, data-driven traffic management, cybersecurity, Connected vehicle commerce, AI-powered voice. identification, medication management and 3D printed walls.
GOVO general partner Jonathan Kilman is an almuni at the University of Florida and shared in a statement that he “applauded Tim” during his Gator career and “watched his extraordinary career unfold.”
He added that the company believes “Tim will enhance GOVO’s ability to attract the best Florida-based investment opportunities and support the portfolio company’s objectives,” while also mentioning his charity to work.
Most read in American football
Tebow is the founder of the Tim Tebow Foundation, which provides aid in the areas of Combating Human Trafficking and Child Exploitation, Orphan Care and Prevention, Profound Medical Needs, and Special Needs Ministry.
This is not the first time he has been involved in investment strategy.
Tebow also invested in a child care technology startup called Harbor earlier this year.
And he purchased a stake in a pediatric dental center near his hometown of Jacksonville, Florida, in 2023.
Tebow was also part of a pool of entrepreneurs who invested in men’s clothing brand Rhone last year.
A former Heisman Trophy winner, Tebow led Florida to two BCS national championships.
He was drafted by the Denver Broncos in the first round of the 2010 NFL Draft and played in the league for six seasons.
3
His outspoken Christian faith during his college football and NFL days made him a cultural phenomenon, as fans even knelt in prayer on the field that became known as “Tebowing.”
Since 2017, Tebow has been an analyst for college football programming on the SEC Network and ESPN.
In 2023, he was inducted into the College Football Hall of Fame.
As a result of his achievements in business and football, Tebow has a net worth of $108 million.
This story originally appeared on The-sun.com read the full story
