Alabama Futures Fund
Alabama Futures Fund, established in 2018 and based in Birmingham, Alabama, is a venture capital firm focusing on early-stage investments in the United States. It specializes in software, SaaS, TMT, AI, and machine learning sectors. The firm targets companies at the minimum viable product, pre-revenue, and early revenue stages, seeking adaptable and coachable founding teams addressing significant customer problems. It stages capital based on achieved milestones, reserving funds for follow-on investments in its most promising portfolio companies.
Joonko is an AI-powered platform focused on enhancing diversity and inclusion within organizations. Founded in 2017 and based in Birmingham, Alabama, Joonko enables companies to make meaningful improvements in diversity and belonging by providing tools for talent acquisition teams. The platform helps recruiters access a broad pool of over 12,000 active, qualified, and diverse candidates by integrating seamlessly with existing applicant tracking systems. This integration allows organizations to reduce their hiring cycle by 17%, matching over 100 hires each month. Additionally, Joonko's technology analyzes real-time data from various SaaS platforms to identify and address unconscious biases in the workplace, offering executives and employees actionable insights and recommendations.
Prepaid2Cash
Venture Round in 2019
Prepaid2Cash, established in 2010 and headquartered in Birmingham, Alabama, specializes in redeeming network-branded prepaid cards. Through its web-based platform, users can convert balances from Visa, MasterCard, American Express, and Discover prepaid cards into direct deposits or mailed checks, with a service fee applied. The company ensures secure transactions through data encryption and robust security measures.
Case Status
Seed Round in 2019
Case Status, Inc. is a company that specializes in developing a cloud-based client engagement tool tailored for the legal services industry. Founded in 2017 by Andrew Seavers and Lauren Sturdivant, the company is headquartered in Birmingham, Alabama, with an additional office in Charleston, South Carolina. The platform aims to enhance lawyer-client communications by addressing common challenges faced by legal professionals. It offers features that allow law firms to track and measure client satisfaction, send timely updates, and facilitate effective communication with clients. By providing real-time visibility of cases and automating routine interactions, Case Status helps law firms reduce the need for frequent meetings and improve overall client relationships.
Joonko is an AI-powered platform focused on enhancing diversity and inclusion within organizations. Founded in 2017 and based in Birmingham, Alabama, Joonko enables companies to make meaningful improvements in diversity and belonging by providing tools for talent acquisition teams. The platform helps recruiters access a broad pool of over 12,000 active, qualified, and diverse candidates by integrating seamlessly with existing applicant tracking systems. This integration allows organizations to reduce their hiring cycle by 17%, matching over 100 hires each month. Additionally, Joonko's technology analyzes real-time data from various SaaS platforms to identify and address unconscious biases in the workplace, offering executives and employees actionable insights and recommendations.
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