Tech startup CModel Data is moving its headquarters from San Francisco to Birmingham

“The promising company is another great addition to Birmingham’s growing tech startup scene.”

CModel was co-founded by Teasha Cable, Dr. Russ Muzzolini, and Jazmine Cable-Whitehurst in San Francisco. The company participated in the inaugural Amazon Web Services Impact Accelerator in 2022 and the Build in Tulsa Accelerator in 2023.

With an investment from an Alabama-focused venture fund and broad support for its growth project, CModel is moving its headquarters from San Francisco to Birmingham. Innovation Warehouseone of the Southeast’s leading incubators for tech-focused startups.

“With the support of Alabama’s focused venture fund and the enthusiastic support of Birmingham’s innovation ecosystem, we are excited to be headquartered at the esteemed Innovation Depot,” Cable said. “Moving to Birmingham aligns with our vision to create a significant impact and contribute to the thriving technology community here.

“We are keen to build on our commitment to growth, create new job opportunities and support economic development in the region,” she added.

GROWTH PLANS

The company chose Alabama’s Magic City over its California hometown and other cities, according to the Alabama Department of Commerce.

The Birmingham Business Alliance (BBA) calculates that the economic impact of CModel’s growth plans in Alabama will approach $4.1 million over 20 years.

Joining Commerce and BBA to support the project is AIDTAlabama’s premier workforce development agency providing services to CModel.

I also support the project and the city of Birmingham; Jefferson County; Birmingham Bound, an initiative supporting the growth of the city’s technology ecosystem; and Alabama Futures Fund (AFF), an early-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 clients. AFF previously announced that it had placed an investment in the company.

“Augmented intelligence platforms like CORA are typically financially out of reach for mid-sized businesses,” Hottle said in a statement. “Combining the latest artificial intelligence and machine learning technology with modeling simulations that will help companies make better decisions, faster, is a game changer.”

LOCAL IMPACT

Jefferson County officials are optimistic about CModel’s growth potential in Birmingham’s growing list of tech startups.

“We are thrilled that CModel will make Birmingham its home,” said Mayor Randall L. Woodfin. “They join a growing list of companies in our city’s burgeoning tech hub, where world-changing innovation is born. Bringing 80 jobs is a big win for us.

“I am grateful that CModel sees the value of investing in Birmingham. We welcome them to their new home and look forward to seeing their vision for improving business efficiency,” he added.

With Birmingham experiencing strong growth among its homegrown tech companies, Jefferson County Commissioner Mike Bolin Trevor said the region’s efforts to attract new businesses and tech-focused talent are paying off.

“CModel Data Inc. will be a wonderful new addition to this community with their AI-enabled decision intelligence engine,” said Bolin. “The 80 new jobs this company will bring to our area will provide a great opportunity for a number of local families, and Jefferson County is excited to partner with CModel as it moves to Jefferson County.”

BBA President and CEO Steve Ammons said the announcement of CModel’s move underscores the organization’s 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 next-generation technology,” Ammons said. “We are delighted to welcome CModel to the Greater Birmingham region and support their journey to make a significant impact on business efficiency and economic development.”