Per our directory, Alabama Futures Fund leads seed rounds and invests at pre-seed and seed. It is an Alabama-focused seed vehicle associated with Redhawk Advisory, not a multi-stage growth fund.

Fund I is not currently accepting new submissions, per the firm's public positioning. Founders should not assume an open application pipeline; check alabamafuturesfund.com for any future vehicle announcements before pitching.

Alabama Futures Fund is publicly described as a $25M Alabama-focused seed fund, with Fund I closed in 2018. That $25M figure is the stated fund size we list as AUM for this vehicle.

The fund is based in Birmingham, AL, and focuses on Alabama companies and founders. Geographic fit with Alabama is part of the thesis; out-of-state pitches are a poor match unless the firm states otherwise for a future fund.

Our directory tags enterprise SaaS, healthtech, and fintech. The broader mandate is Alabama early-stage technology companies at pre-seed and seed, not a single vertical-only fund.

Our directory marks Alabama Futures Fund as a seed lead, with investment also at pre-seed. Because Fund I is closed to new submissions, lead activity for new companies depends on any future vehicles the firm may announce.

Visit alabamafuturesfund.com first and confirm whether any new fund or submission window is open. Do not treat Fund I as an active open call; if a future vehicle launches, warm intros through Alabama founders and Redhawk Advisory networks are the practical path.

We do not yet have a dedicated Alabama Futures Fund article. For Alabama early-stage context, see our Birmingham city and sector hubs covering SaaS, healthtech, and fintech.