Say hello to Birmingham’s newest health tech startup. After a healthy investment from the Alabama Futures Fund, New York-based HealNow Inc. is planning to relocate their headquarters to The Magic City in Q1 of 2021. Here are all the deets! You can thank the Alabama Futures Fund
Not familiar with the Alabama Futures Fund (AAF)? As a seed-stage venture capitalist fund, the AAF aims to support the growing entrepreneurial and innovative spirit in Alabama by funding promising startups.
Since its foundation in 2018, the AAF has invested in nine startups with a high potential for growth. With a huge $25M portfolio to work with, the AAF has brought some promising companies to the Magic City, including SynsorMed, TeamingPro and Prepaid2Cash.
Their latest project is HealNow Inc., a health tech company based out of New York. Due to the investment from the Alabama Futures Fund, HealNow Inc. will be relocating to Birmingham in early 2021.