The 7 Best VC Firms In Birmingham, AL [2024]

Updated: January 20th, 2022

Are you looking for a VC firm for your Birmingham, AL based startup?

Finding the right investment firm for your startup can be a daunting task.

There are a number of successful venture capital firms in Birmingham, AL, and we've curated a list of the best local firms in the area. Additionally, we provide you with:

  • Investment size
  • Funding stages
  • Typical industries the firm works with
  • Well known companies the VC firm has invested in

Here's the list:

1. Alabama Launchpad

  • Location: Birmingham, AL
  • Industries: Technology, Software, Service, E-commerce
  • Investment Range: $50K-$100K
  • Stage: Seed Stage
  • Companies invested in: MechOptix, INFLCR, Moovmo

Alabama Launchpad is a Birmingham-based early-stage investor providing seed funds to innovative and promising startups.

Since its inception in 2006, they have organized multiple events and competitions through which they choose their next company to fund.

Alabama Launchpad has invested an amount between $50K to $100K to over 102 startups to this date.

Learn more about Alabama Launchpad ➜

article

2. Medical Properties Trust

  • Location: Birmingham, AL
  • Industries: Healthcare
  • Investment Range: Not disclosed
  • Stage: Seed Stage to Series C
  • Companies invested in: Ardent, Dignity Health, McLeod Health

Medical Properties Trust (MPT) provides capital solutions to the healthcare industry by funding new and developing hospitals and investing in leading hospital operators.

This Birmingham-based company has a huge global presence with its operations taking place in 9 countries and is a preferred choice for providing hospital capital across the globe.

Presently MPT has over $22.3 billion in asset value and is the second-largest owner of hospital beds in America.

Learn more about Medical Properties Trust ➜

article

3. Harbert Management Corporation

  • Location: Birmingham, AL, Richmond, VA
  • Industries: Technology, Software, E-commerce
  • Investment Range: $5M - $8M
  • Stage: Series B
  • Companies invested in: Apkudo, Clarabridge, Graylog

HarbertManagement Corporation (HMC) is an investment company providing growth capital to innovative tech companies.

HMC seeks to build a thriving technology environment outside the Silicon Valley and the Northeast region.

This company offers business experience, networking opportunities, and business advisory along with capital investments of around $5M to $8M.

Learn more about Harbert Management Corporation ➜

article

4. Timberline Investment

  • Location: Birmingham, AL
  • Industries: Biotechnology, Medical
  • Investment Range: Not disclosed
  • Stage: Series A

Timberline Investment funds lower middle-market companies, as well as family-owned businesses looking for growth capital.

When it comes to investment structure, Timberline has a more flexible approach compared to other investment funds as they don't have a fixed mandate.

The firm has a long-term approach to building strong and sustainable businesses and help them realize their true potential.

Learn more about Timberline Investment ➜

article

5. Redmont Capital

  • Location: Birmingham, AL
  • Industries: Healthcare, Financial Services, Information Technology, Business Services, Distribution, Industrial & Manufacturing
  • Investment Range: $1M-$4M
  • Stage: Series A
  • Companies invested in: MacroFab, Altimmune, FireRock

Redmont Capital offers private debt to high growth companies in Southwest Texas and United States' Central Southeastern region.

Along with capital Redmont also provides valuable business assistance to its portfolio companies by using their years of operational and managerial experience.

The firm's typical investment ranges from anywhere between $1M to $4M at the initial stage.

Learn more about Redmont Capital ➜

article

6. New Capital Partners

  • Location: Birmingham, AL
  • Industries: Healthcare Technology & Services, Business Technology & Services, Financial Technology & Services
  • Investment Range: Not disclosed
  • Stage: series B
  • Companies invested in: CareServices LLC, ControlCase, GeoVera

New Capital Partners (NCP) is focused on building great companies by nurturing strong partnerships and with highly efficient management teams operating in sectors where they are specialized in.

NCP provides capital to growth-stage lower-middle market enterprises in the United States.

The firm invests in a number of sectors with a primary focus on the healthcare industry.

Learn more about New Capital Partners ➜

article

7. EBSCO Capital

  • Location: Birmingham, AL
  • Industries: Healthcare Technology, SaaS, Information Products & Services, Value-add Distribution
  • Investment Range: Not disclosed
  • Stage: Seed Stage
  • Companies invested in: Biso, EBSCO Health, LUXOR

EBSCO Capital, the investment and acquisition wing of EBSCO Industries, provides venture capital and private equity to early to late-stage companies.

They seek to invest in the long-term success of the company and want to work side by side with the company's management team.

EBSCO has a rich history as its legacy goes back to 1944, and it is one of the top privately-held companies in the United States according to Forbes Magazine.

Learn more about EBSCO Capital ➜

article

meet the author
Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.