Along with Alabama Commerce Secretary Ellen McNair, the Birmingham Business Alliance (BBA) is pleased to announce CModel Data Inc., whose proprietary software helps businesses operate more efficiently, is relocating its headquarters from San Francisco to Birmingham.
With an investment from an Alabama-focused venture fund and broad-based support for its growth project, the tech startup plans to create 80 jobs as it grows its operations, which will be located at Birmingham’s Innovation Depot, one of the Southeast’s premier incubators for tech-focused startups.
CModel developed its AI-powered CORA program to give insights and advice to business decision-makers, allowing them to develop and implement successful growth strategies.
Co-founded by Teasha Cable, Dr. Russ Muzzolini and Jazmine Cable-Whitehurst in San Francisco, CModel participated in the inaugural Amazon Web Services’ Impact Accelerator in 2022 and the Build in Tulsa Accelerator in 2023.
“Relocating to Birmingham aligns with our vision of creating a significant impact and contributing to the thriving tech community here,” said Cable. “We are eager to build on our commitment to growth, create new job opportunities and bolster economic development in the region.”
The company selected Alabama’s Magic City over its California hometown and other cities. BBA calculates the economic impact of CModel’s growth plans in Alabama will approach $4.1 million over 20 years.
““The announcement of CModel’s move underscores our commitment to growing the tech scene in the Greater Birmingham Region. This innovative company will not only bring 80 new jobs but will also enhance our ecosystem with its cutting-edge technology. We are excited to welcome CModel to the Greater Birmingham Region and support their journey toward making a significant impact on business efficiencies and economic development.””
Joining Commerce and BBA to support the project is AIDT, Alabama’s primary workforce development agency, which is providing services to CModel.
Also supporting the project are the City of Birmingham; Jefferson County; Birmingham Bound, an initiative that supports growth in the city’s tech ecosystem; and the Alabama Futures Fund (AFF), a seed-stage venture capital fund focused on supporting and growing entrepreneurial activity and economic development in the state.
Redhawk Advisory Partner Matt Hottle, whose firm serves as AFF’s investment manager, said CModel represents a startup that can “move the needle” for its customers. AFF previously announced that it had placed an investment in the company.
“Augmented Intelligence platforms like CORA are, usually, financially unattainable for mid-market businesses,” Hottle said in a statement. “Combining the latest AI and machine learning technology with modeling simulations that will help businesses make better decisions, faster, is a game-changer.”
Wins like this are made possible by the strength of our regional economic development partners and other organizations.
How BBA Helped
Introduced team to crucial local, regional and statewide economic development partners
Project-managed the entire incentives process with the City of Birmingham, Jefferson County, State Department of Commerce and AIDT
Assisted with workforce development and ongoing talent acquisition
Provided workforce availability, educational completion and wage data
Served as a communications liaison for public relations and marketing efforts of the announcement
Began community onboarding for company and its executives