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Alabama

State · United States · Pop. 5.2M · WithinWorldNorth AmericaUnited StatesAlabama

Startup funnel

Alabama's startup funnel

Companies headquartered in Alabama at each stage today, by total VC raised. Hover or tap a bar for the split.

266
Startups
$100K–15M raised

94 pre-seed · 114 seed · 58 Series A

37
Breakouts
$15–100M raised

25 Series B · 12 Series C

7
Scaleups
$100M+ raised

6 Mega · 1 Mega+

4
Unicorns and/or $100M+ revenue

3 valued at $1B+ · 2 with $100M+ revenue · 1 both

Source: Dealroom.co

Quarterly report

Alabama's latest quarter in venture capital

Venture capital raised by Alabama-headquartered companies each quarter since 2020, split by round size, with detail on the latest complete quarter.

Latest complete quarter

 

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Enterprise value

How much Alabama’s VC-backed companies are worth

Combined enterprise value of VC-backed companies headquartered in Alabama, founded since 1990 and still operating, at the end of each year. Companies stay in the total after they list or are acquired.

VC investment

How much venture capital flows into Alabama

VC investment into Alabama-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.

Largest rounds

Largest funding rounds in Alabama

A live treemap of the largest VC rounds. Each cell is one round into Alabama-headquartered companies, grouped by Dealroom sector.

Largest rounds in Alabama - 2026

Every $15M+ VC round into Alabama-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
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Academia

Alabama's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Alabama.

University-linked startup formation
38
University spinouts
384
Total alumni-founded companies
250
Of which startups (<$15M raised)
93
Breakouts ($15M-100M)
41
Scaleups ($100M+)

Location comparison

How Alabama stacks up

Compare Alabama with peers from the same country (United States) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.

$40.5B
$40.4B
$35.9B
$35.2B
$28.4B
$27.7B
$23B
$17.4B
Alabama
$14.6B

Combined enterprise value of each ecosystem.

Get the full Alabama ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.