Address
Alabama Futures Fund
Birmingham, AL
United States
Website
Industry
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VCID: 1028121
Profile
Corporate information
Registration country
Registration country
Investment activity status
Active investor
Company type
Seed stage venture capital fund focused on supporting and growing entrepreneurial activity and economic development in Alabama.Overview
Our Fund seeks to be the first significant investment in an early-stage venture that can reach attainable milestones leading to series A financing within 12-24 months. Our sweet spot is companies that have adaptable and coachable founding teams who have identified a significant customer problem and are working towards product market fit. This includes companies at the minimum viable product, pre-revenue and early revenue stages. Because of the risks involved in investing this early, our preference is to stage capital relative to milestones achieved. Therefore, we reserve significant capital for follow-on investments in our most promising companies.
Investments
Investment preferences
Stage focus