Accelerating world-class companies that fuel and amplify faith, hope, and love.

WaterStone Impact Fund aims to assist donors in growing their giving funds by facilitating investments in faith-led tech startups through a partnership with the Tebow Group and Caplin Ventures.

Accelerating world-class companies that fuel and amplify faith, hope, and love.

WaterStone Impact Fund aims to assist donors in growing their giving funds by facilitating investments in faith-led tech startups through a partnership with the Tebow Group and Caplin Ventures.

Our Focus

We partner with daring, faith-led founders who have a unique focus on building companies using artificial intelligence, automation, and robotics. We desire to add deep expertise, insights, and a global industry network to help companies generate extraordinary results.

We invest in promising companies in the following areas:

Our Team

We’re a group of founders, operators, advisors, and industry leaders, investing in faith-led founders and their transformative technology companies.

Joel Chakra

Managing Partner

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Tim Tebow

General Partner

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Ricky Caplin

General Partner

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Demi-Leigh Tebow

Strategic Advisor

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Tommy Martin

Strategic Advisor

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Our Portfolio

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Primer exists to fix the K-12 education system by building the first viable alternative to public schools. Our technology empowers millions of teachers to launch their own world-class, tech-enabled microschools in their neighborhood.

Founder: Ryan Delk
Website
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eFuse is an ad tech & media solutions company that delivers access to gamers at scale. Through AI-driven insights, proprietary media measurement, and a holistic gaming campaign ecosystem, eFuse helps brands connect authentically with gaming communities.

Founder: Matt Benson
Website
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Prediction Guard is on a mission to restore trust in human institutions via private, secure intelligence. They provide a self-hosted GenAI platform for regulated industries or for those processing sensitive data. Prediction Guard customers are able to accelerate AI adoption without treating data privacy and risk as afterthoughts.

Founder: Dan Whitenack
Website
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Orb is building autonomous systems that become infrastructure by restoring power, logistics, and communications in times of conflict and sustaining economies in times of peace.

Founder: Alex Taylor
Website

Partnering for Impact

The WaterStone Impact Fund has partnered with the Tim Tebow Foundation to help the most vulnerable people around the world through four main areas of focus: Anti-Human Trafficking and Child Exploitation, Orphan Care + Prevention, Profound Medical Needs, and Special Needs Ministry.

Learn More

If you’re a faith-led founder or investor, please contact us.

Contact

Joel Chakra

Managing Partner

Joel enables high-impact companies and founders that align with the Fund’s mission. As the key decision-maker, he ensures that every investment fuels long-term, meaningful change. 

Joel is the Managing Partner of the Waterstone Impact Fund and the Tebow Group. Joel was one of the five original members of a healthcare automation company that had over 200 health system customers and was valued at $4b. Joel has a passion for building companies from the ground up and most recently was General Partner at a venture studio that built four companies within a year from the ground up and all of which were funded by tier-1 venture funds.

Over his career, Joel has built and scaled the partnerships, marketing, operations, product, sales, and project management divisions. He also served as a Chief of Staff to CEO’s, helping align multiple divisions during periods of growth, and fundraising activities that resulted in over $30m in venture capital raised from tier-1 venture funds. 

As founder of Chakra Industries, Joel also works with technology entrepreneurs across many industries, helping them build operational efficiencies, understand GTM strategies, recruitment of top talent, and how to foster the right investor relationships. Joel currently serves as Board Director for several venture backed technology startups including Magenta Care Continuum, Seam Technologies, Rotera AI, and Healia Health. Joel has helped raise over $10m for these companies which are now have a cumulative value of over $50m. Joel serves as an advisor to Headway, a mental health technology company that has been recently valued at $2b+ and  Board Director for 127 Haven, a non-profit that is focused on building families instead of orphanages for the marginalized children of Uganda.

Previously, Joel worked as an independent consultant helping technology and design companies in Washington, D.C., and helped build and scale web development companies as well as other technology startups in Los Angeles, CA.Joel received his Bachelor of Science in Business from Liberty University and resides in Raleigh, NC with his wife and three children. 

Tim Tebow

General Partner

Tim’s leadership shapes the Fund’s ultimate purpose — to drive faith-driven impact, demonstrate servant leadership, and bring awareness to humanitarian efforts worldwide. 

Tim Tebow was born in the Philippines in 1987. He developed a strong passion for serving people and sharing God’s word after spending his early years working at his father’s ministry orphanage. Shortly after his family returned to the States, Tim began his football career in Pop Warner at Lakeshore Athletic Association in his hometown of Jacksonville, FL. During this time, his parents instilled in him the importance of keeping God, family, and service to others first.

Tim went on to play high school football at Nease High School where he led his team to a State Title his senior year, was twice named Florida’s Player of the Year, earned All-State honors, and was named Florida Mr. Football. Tim continued his outreach by frequently visiting the Philippines in an effort to share the gospel and God’s love with children.

His success continued throughout his college career at the University of Florida where he won two NCAA National Championship titles and was the first-ever sophomore to win the Heisman. Tim became well known for his bible verse eye black and his spring break trips to a Philippine orphanage. He also worked with the UF student government to begin the “1st and 15” program to benefit children with cancer.

Tim was drafted in 2010 by the Denver Broncos and immediately began the Tim Tebow Foundation. Tim remains committed to his Foundation through his time, talent, and treasure because he firmly believes that leaving a legacy is not about trophies and wins, but about bringing faith, hope, and love to others.

Ricky Caplin

General Partner

Ricky brings deep expertise in scaling businesses and driving strategic investments, ensuring that WaterStone Impact Fund is positioned for long-term financial sustainability and expansion. 

Ricky Caplin is globally recognized as a leading entrepreneur who has launched and led multiple organizations that have created thousands of jobs, including the HCI Group, one of the largest global healthcare IT consulting firms. Following a March 2017 merger between the HCI Group and Tech Mahindra, Caplin became one of the top global executives at Tech Mahindra, a global technology company with 117,000+ employees. Under his leadership, the combined companies are thriving through their continued support of the adoption of digital technologies in the healthcare space.

Caplin received the 2015 Ernst and Young Florida Entrepreneur of the Year Award, Jacksonville Business Journal’s Ultimate CEO Award, and recognition throughout the nation for his civic service. He was named a 2016 “Rising Stars of the Profession—Excellence in Healthcare” winner by Consulting Magazine, a Top 75 Leader in Healthcare by Advantage Magazine, three-time University of Florida Gator100 award winner, and was selected to participate in the KPMG Quantum Shift program, an elite group of America’s most promising entrepreneurs. He believes strongly in investing in companies that promote social good and commits to giving a portion of his earnings to better the world.

Caplin, a former Certified Public Accountant, graduated with bachelor’s and master’s degrees in accounting from the University of Florida. He lives in Jacksonville, Florida with his wife and three children.

Demi-Leigh Tebow

Strategic Advisor


Demi-Leigh plays a key role in expanding the Fund’s reach, using her platform to champion causes, raise awareness, and advocate for meaningful change. Her influence helps drive engagement and amplify the mission’s global impact.

Demi is a founder of The Tebow Group, a talent management firm, family office, technology accelerator, and creative agency. As a best-selling author, speaker, entrepreneur, and advocate Demi-Leigh Tebow utilizes her platforms as Miss South Africa and Miss Universe to educate and inspire globally. While traveling the world and representing South Africa on an international stage, she witnessed the universal need for every individual to be heard, loved, and valued.

Demi-Leigh brings her creative energy and entrepreneurial experience to support founders and companies in the D2C, healthcare, lifestyle, beauty, wellness, and SaaS channels.

Demi-Leigh also lends her philanthropic vision to the Tim Tebow Foundation, raising awareness for the fight against human trafficking and supporting children with profound medical needs, among other impactful mission work.

Tommy Martin

Strategic Advisor

Tommy provides the financial strategy and investment leadership that sustain the Fund’s mission. His experience in managing high-value assets ensures resources are maximized for Kingdom-driven impact.

Tommy Martin is the CEO of The Tebow Group (Tim Tebow’s family office, talent management firm, and creative agency). The Tebow Group exists to fuel and amplify faith, hope, and love in support of the Tim Tebow Foundation that serves some of the most vulnerable people (the real MVPs) around the globe.

Prior to leading The Tebow Group, Tommy founded, lead, and exited multiple nationwide financial firms including broker/dealers, RIAs, and insurance agencies collectively managing over $2 Billion for high net worth clients. Tommy has also built and served as a GP to multiple real estate, special purpose, and healthcare venture capital funds, and as a board member or advisor to dozens of for-profit and not-for-profit organizations.

For his work in the financial services industry, Tommy was named to Investment New’s inaugural list of the Top 40 Advisors Under Age 40. He was also named as one of the top 8 visionaries who “will pull the [financial service industry] into the next stratum”.

Tommy is a former professor who served as the Financial Planning Department Chair at Taylor University. He carries numerous finance licenses, is an alumnus of Harvard Business School, and a best-selling financial author.

Tommy lives with his wife of 22 years and three children (including an adopted daughter with autism) in Fort Wayne, Indiana.