# Innovate Alabama: portfolio, investments and team

> Innovate Alabama is a government based in United States. 1 investment on record, latest Oct 2024. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/innovate-alabama (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Innovate Alabama

Last cheque observed Oct 2024. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Government

Nonprofit Organization Management

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 1 on record

Since the last cheque **729** days **00** hrs **00** min **00** sec

Median round **$1.0M** Rounds led **1 of 1**

Pitch Innovate Alabama

## Innovate Alabama highlights

- 01 1 rounds on record
- 02 Led 1 rounds

## What they do

> Innovate Alabama is described as allocating $173M capital and providing grants and funding programs to support entrepreneurs and businesses in Alabama. From their own website

- **Type:** Government
- **Cheque size:** Not stated
- **Sectors:** Nonprofit Organization Management
- **Based in:** Birmingham, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **1 appearances**

- **2024** 1 round
- **Oct** **[Johnson Energy Storage](https://millionrounds.com/company/johnson-energy-storage)** US · Firms' own news pages **$1.0M** *Led*

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## What they claim to have backed

From their own portfolio page (on their website)

**2** of 3 we have independently watched raise

[Quanthub](https://millionrounds.com/company/quanthub)[Speaking Engagement Requests](https://millionrounds.com/company/airtable) Honors

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Median round joined **$1.0M** the round, not its cheque

Led 1 of 1 rounds **100%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2024

Cheques by month Led Joined

Nov 2023 Oct 2026

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## Recently backed

The latest companies Innovate Alabama put money into.

[**Johnson Energy Storage** $1.0M · Oct 2024](https://millionrounds.com/company/johnson-energy-storage)

## Quick answers about Innovate Alabama

### What does Innovate Alabama invest in?

Innovate Alabama says it invests in Nonprofit Organization Management.

### How active is Innovate Alabama?

1 investments on record, 0 of them in the last 12 months, and it led 1. The most recent was in Oct 2024.

### What has Innovate Alabama invested in recently?

Its most recent investments on record: Johnson Energy Storage (Undisclosed round, Oct 2024).

### How big are Innovate Alabama's cheques?

The median round it joins is $1.0M.

### Is Innovate Alabama investing now?

No investments in the last 12 months; the latest was in Oct 2024.

### What kind of investor is Innovate Alabama?

Innovate Alabama is a government based in Birmingham, United States.

### Where does this information on Innovate Alabama come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=innovate-alabama) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=innovate-alabama)
