Top 25 VC Firms Powering Alabama's Startup Growth
Top 25 VC Firms Powering Alabama's Startup Growth
Venture capital firms in Alabama have emerged as key players in facilitating the growth and development of numerous startups in various sectors such as technology, biotech, health, and others. These firms offer critical financial resources, mentorship, and access to professional networks that enable startups to flourish and contribute significantly to economic development in Alabama. A firm like Alabama Capital Network, accentuates this role by providing growth-enhancing facilities to companies who normally struggle to meet the standard venture capital threshold. This dynamic industry sees collaboration between energetic startups and insightful venture capitalists to shape a prosperous economic landscape.
Top 25 venture capital firms in Alabama
1. Collective Capital Ventures
- Website: ccventures.co
- Headquarters: Birmingham, Alabama, United States
- Founded: 2011
- Headcount: 1-10
Collective Capital Ventures is a self-directed venture capital firm that invests in tech-enabled companies, with high-quality deal flow and effective screening. They give investors the flexibility to build their own portfolio through their unique model.
2. Alabama Futures Fund
- Website: alabamafuturesfund.com
- Headquarters: Birmingham, Alabama, United States
- Founded: 2018
- Headcount: 1-10
Alabama Futures Fund is a seed-stage venture capital fund that focuses on supporting early-stage startups for economic development in Alabama.
3. Alabama Capital Network
- Website: alabamacapitalnetwork.com
- Headquarters: Birmingham, Alabama, United States
- Founded: 2017
- Headcount: 1-10
ACN is growing companies across Alabama by utilizing a network of entrepreneurs, investors, advisors, service providers, and corporations to provide access to capital, mentorships, and due diligence. ACN bridging the funding gap for Alabama-based companies that are below the typical venture capital threshold. As these companies grow, ACN also facilitates relationships with venture capital, either in Alabama or beyond, to continue an upward trajectory.
4. Bronze Valley
- Website: bronzevalley.com
- Headquarters: Birmingham, Alabama, United States
- Headcount: 1-10
Bronze Valley is an early stage venture investment platform that supports high growth, innovation and technology-enabled companies created by diverse, underrepresented founders.
5. Innovation Portal
- Website: innovation-portal.com
- Headquarters: Mobile, Alabama, United States
- Founded: 2015
- Headcount: 11-50
Innovation Portal is a platform that provides resources and support for high-growth startups to rapidly scale their ventures in the central Gulf Coast. They offer membership, seed fund investment, and a space to work and connect with a network of experts and investors.
6. Abacus Investments
- Website: abacusinvestments.com
- Headquarters: Birmingham, Alabama, United States
- Founded: 2019
- Headcount: 11-50
Abacus Investments is a company that specializes in investment banking and private equity investing. They provide services such as deal structuring, negotiation, legal due diligence, and transaction execution. With a focus on mergers and acquisitions and venture capital investments, they offer expertise in entity formation, capital raises, exit transactions, and general corporate needs. Abacus Investments has a team of experienced professionals who guide portfolio company management teams on corporate, commercial, and regulatory matters.
7. Lowden Street Capital
- Website: lowdenstreet.com
- Headquarters: Alexander City, Alabama, United States
- Founded: 2018
- Headcount: 1-10
- Latest funding type: Private Equity
Lowden Street is a total return firm based in Alabama that buys existing owner finance debt and sells instruments to help businesses and entrepreneurs grow. Their vision is to see entrepreneurs grow and business owners exit successfully.
8. Harmony Venture Labs
- Website: harmonyventurelabs.com
- Headquarters: Birmingham, Alabama, United States
- Headcount: 1-10
Harmony Venture Labs is a venture studio that launches, grows and supports B2B SaaS startups through its EIR program and offers resources to help founders ideate, validate and create high-growth businesses.
9. New Capital Partners
- Website: newcapitalpartners.com
- Headquarters: Birmingham, Alabama, United States
- Founded: 2001
- Headcount: 11-50
New Capital Partners is dedicated to building great companies by creating true partnerships with management teams and serving customers' needs better than anyone else.
10. Alabama Capital Network
- Website: investal.org
- Headquarters: Birmingham, Alabama, United States
- Founded: 2017
- Headcount: 1-10
Alabama Capital Network is a non-profit organization that helps Alabama's most promising innovators by facilitating growth in the state's innovation ecosystem, increasing access to capital for entrepreneurs and educating investors. ACN provides growth capital and mentorship, and bridges the funding gap faced by Alabama companies in the early growth phase of business, thereby keeping and growing innovative businesses in Alabama and augmenting the state’s trajectory of economic growth.
11. Atlas Digital Partners
- Website: atlasdigitalpartners.com
- Headquarters: Birmingham, Alabama, United States
- Founded: 2011
- Headcount: 11-50
Atlas Digital Partners is a business consulting and advisory firm helping organizations evaluate their current status and create plans to grow their sales and create shareholder value. They operate at the intersection of sales, technology and marketing.
12. Innovative Medicine Partners
- Website: innovativemedicinepartners.com
- Headquarters: Mobile, Alabama, United States
- Founded: 1995
- Headcount: 11-50
Innovative Medicine Partners is a medical device development and consulting company that brings healthcare innovations to market. They have a focus on making exciting things happen that can make a real difference in the world.
13. Immediate
- Website: joinimmediate.com
- Headquarters: Birmingham, Alabama, United States
- Founded: 2019
- Headcount: 51-200
- Latest funding type: Series Unknown
JoinImmediate.com is a company that offers a debt-free safety net for unexpected expenses, providing responsible access to earned pay when needed the most. By reducing financial stress and increasing revenue, the company aims to improve the quality of work and reduce turnover for businesses.
14. Gulf Coast Financial Advisors
- Website: gulfcoastfa.com
- Headquarters: Fairhope, Alabama, United States
- Founded: 2018
- Headcount: 1-10
Gulf Coast Financial Advisors provides financial planning, investment management, wealth management, and business owner planning services as an independent, fee-based practice serving clients in a fiduciary capacity.
15. Start in Auburn
- Website: startinauburn.com
- Headquarters: Auburn, Alabama, United States
- Founded: 2020
- Headcount: 1-10
START IN AUBURN is an initiative of Auburn University and the City of Auburn to encourage entrepreneurs to START IN AUBURN, where there is a vibrant, supportive ecosystem committed to advancing new and growing businesses. Working together, the university and City provide a unique combination of resources which include expertise, workspace and competition/networking opportunities that, when paired with outstanding quality of life, make our community an ideal place to live, learn, work, and play. START IN AUBURN is your portal to the game-changing resources you need to make your next endeavor a winner. #startinauburn
16. Sunbelt EB5
- Website: sunbelteb5.com
- Headquarters: Birmingham, Alabama, United States
- Headcount: 1-10
Week Ahead in Immigration: Oct. 18, 2021 - Reuters October 15, 2021 DISCLAIMER: The material presented herein is for informational purposes only and is not an offer to sell or a solicitation of an offer to buy any security by Sunbelt EB-5 Regional Center, LLC (Sunbelt) or any of its affiliates (Sunbelt). This material may not be relied upon in connection with the purchase or sale of any security. Securities, if offered, will only be available to persons who are accredited investors or otherwise qualified investors pursuant to a confidential private placement memorandum and subscription agreement.
17. Alabama Launchpad
- Website: alabamalaunchpad.com
- Headquarters: Birmingham, Alabama, United States
- Founded: 2006
- Headcount: 1-10
Alabama Launchpad is Alabama's most active early-stage seed fund investing in and supporting Alabama entrepreneurs through startup competitions and ongoing mentoring, driving innovation and job growth in the state.
18. Founders Advisors
- Website: foundersib.com
- Headquarters: Birmingham, Alabama, United States
- Founded: 2003
- Headcount: 11-50
Founders is an investment banking company that provides a range of services to various industries, including business services, consumer, energy, healthcare, industrials, and technology. They offer market insights, advisory services, and transaction support to help clients achieve their financial goals.
19. Time Domain
- Website: timedomain.com
- Headquarters: Huntsville, Alabama, United States
- Founded: 1987
- Headcount: 11-50
- Latest funding type: Acquired
Timedomain.com offers simple and easy train retrofitting solutions with UWB technology to improve operations, lower installation costs, and enhance service levels. They provide digital train positioning and microlocation technology that digitizes human and tool movement, optimizing productivity and system performance. With their advanced algorithms and signal processing, they offer real-time interaction and high fidelity location data for mission-critical systems. Their solutions can be applied in manufacturing, transportation, robotics, surgical, and other industries.
20. Luca
- Website: lucahq.com
- Headquarters: Birmingham, Alabama, United States
- Founded: 2016
- Headcount: 11-50
LUCA is an accounting and advisory company that offers a range of financial services to help businesses grow and thrive. They provide services such as accounting, bookkeeping, payroll, compliance, tax filings, and business consulting. With their expert team and innovative technology, LUCA streamlines financial operations and helps businesses make informed decisions for success.
21. Interstate Billing Service
- Website: interstatebilling.com
- Headquarters: Decatur, Alabama, United States
- Founded: 1984
- Headcount: 501-1000
Interstate Billing Service is an industry leader with over 35 years of experience. They provide cash flow financing and billing solutions to various industries, including auto dealerships, equipment dealerships, repair and body shops, and original equipment and aftermarket parts distributors. Their services help businesses eliminate credit risk, accelerate cash flow, and streamline accounts receivable management.
22. U.S. Consumer Healthcare Advocacy Group
- Website: uschag.com
- Headquarters: Birmingham, Alabama, United States
- Founded: 2018
- Headcount: 11-50
- Latest funding type: Seed
USCHAG is a Consumer Healthcare Advocacy Company that champions the idea that Artificial Intelligence is the answer to improving the American healthcare system.
23. Wild Rydes
- Website: thedesk.com
- Headquarters: Daleville, Alabama, United States
- Headcount: 1-10
In todays fast paced world, youve got places you need to be but not enough time in your jam packed schedule. Wouldnt it be nice if there were a transportation service that changed the way you get around daily? Introducing Wild Rydes, an innovative transportation service that helps people get to their destination faster and hassle-free. Getting started is as easy as tapping a button in our app. Head over to the app store and download the Wild Rydes app. Youre just a few taps away from getting your ryde. We can get you there. Simply request a ryde on the app and we'll connect you with a unicorn immediately. Pick the valuation you're willing to pay and your ryde is set up. The only surge is the acceleration you get when taking off. After matching with your unicorn and agreeing to its terms, youll be all set. Your unicorn will arrive shortly to pick you up. Wild Rydes was started by a former hedge fund analyst and a software developer. The two long-time friends happened upon the Wild Rydes idea after attending a silent yoga retreat in Nevada. After gazing upon the majestic herds of unicorns prancing across a surreal Nevada sunset, they witnessed firsthand the poverty and unemployment endemic to that once proud race. Whether it was modern societys reliance on science over magic or not, well never know the cause of their Ozymandian downfall and fade to obscurity. Moved by empathy, romance, and free enterprise, they saw an opportunity to marry societys demand for faster, more flexible transportation to underutilized beasts of labor through an on-demand market making transportation app. Using the founders respective expertise in animal husbandry and software engineering, Wild Rydes was formed and has since raised untold amounts of venture capital. Today, Wild Rydes has thousands of unicorns in its network fulfilling hundreds of rydes each day.
24. HBCU Seed
- Website: hbcuseed.com
- Headquarters: Huntsville, Alabama, United States
- Headcount: 1-10
HBCU Seed is a venture capital and private equity firm that provides seed funding and services for HBCU (Historically Black College and University) students, Alumni, Faculty, & Staff Businesses. HBCU Seed’s mission is to close the racial wealth gap in America by providing support to Historically Black Colleges and Universities by funding, supporting, and encouraging entrepreneurship in HBCU colleges and universities which comprise over 100+ schools throughout the United States.
25. Biztech
- Website: biztech.org
- Headquarters: Huntsville, Alabama, United States
- Founded: 1997
- Headcount: 11-50
Biztech is a business incubator located in Huntsville, AL that helps entrepreneurs turn their ideas into successful businesses through mentoring, training, and access to tools and resources.
Want to find more venture capital firms?
If you want to find more companies that are catalyzing tech innovation, fostering early-stage startups, and facilitating a thriving entrepreneurial ecosystem you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.
With Inven you'll also get to know the company's:
- Ownership: Which of these are private equity backed? Which are family-owned?
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...and a lot more!