Alabama Futures Fund

Profile

The Alabama Futures Fund is a seed-stage venture capital fund based in Alabama, founded with the purpose of supporting and catalyzing entrepreneurial activities and economic growth in the region. With no specific founding year or founding team explicitly mentioned on the site, the fund is known for aiming to be the first major investor in early-stage ventures possessing adaptable and coachable founding teams. Unlike many other funds, it reserves substantial capital for follow-on investments, prioritizing firms at minimal viable product through early revenue stages that show strong potential for achieving significant milestones.

Alabama Futures Fund focuses its investments on companies located in Alabama, with a particular interest in those that can advance to series A financing within 12-24 months. It invests primarily in pre-seed and seed stages with check sizes typically aligning within the $0-1 m range. Although the website does not provide specific total assets under management, it notes that the fund is not currently accepting new submissions for investment—implying its current deployment status.

Due to limited publicly shared data on its completed investments, there are no specific portfolio companies explicitly highlighted on the Alabama Futures Fund's website. Future notable investments from the fund are likely to align with its criteria for customers who have a clear path to revenue and meet defined capital milestones.