CModel Data Inc.
Answered by Teasha Cable, CEO and co-founder
CModel aims to help businesses make better growth decisions, faster with a suite of AI tools powered by decision intelligence.
It has been involved with several meaningful collaborations and partnerships in the tech ecosystem, including participating in Build in Tulsa Techstars, the AWS Startups Accelerator and the Lightship Bootcamp. It recently relocated from the San Francisco Bay Area to Birmingham, with an office at Innovation Depot, and has now made its first hire in Birmingham.
What is the most important thing your company accomplished in the past year?
CModel is thrilled to share that Since completing these programs CModel has had a notable increase in traction, customer acquisition and revenue growth. We have also closed a round of capital funding with Alabama Futures Fund in partnership with RedHawk Advisory. This investment marks a significant step in our journey to revolutionize the way businesses leverage data and artificial intelligence to make informed decisions. We're confident that this partnership will further accelerate our mission to provide businesses with a game-changing tool like CORA.
The decision to establish a presence in Birmingham was facilitated through the support of Birmingham Bound, an organization dedicated to attracting innovative companies to the region, and the Alabama Futures Fund. AFF recently made a strategic investment in CModel to enable its expansion to Birmingham, providing a strong foundation for the company's growth and success in the region. CModel's success in securing funding underscores its commitment to innovation and growth in the data modeling and Decision Intelligence.
What is a short-term and long-term goal for the company in 2024?
Short Term Goal: Product validation, customer acquisition and operational efficiency — validating our product by acquiring more customers and partners and ensuring that they are engaged and receiving value.
Long Term Goal: Transform business leaders into outcome-focused visionaries who go from achieving only 5% of their outcomes on an annualized basis to 50% by focusing on their feedback, iterating, and continually improving their experience with CModel’s CORA.
What makes Alabama unique when it comes to the startup ecosystem?
Our excitement about Birmingham's vibrant startup environment stems from the unique factors that make Alabama an exceptional hub for entrepreneurial endeavors. Alabama, with its strategic location, has become an ideal landscape for our company's success. As we look ahead, our commitment extends not only to our business growth but also to contributing to the prosperity of the local community.
Alabama has strategically fostered a supportive ecosystem for startups, with initiatives like the Alabama Innovation Fund, Alabama Launchpad and Innovation Depot offering crucial funding, mentorship and resources. The state's commitment to creating a diverse economy is evident in its varied industries. Not only that, but the presence of renowned research and innovation centers associated with universities like the University of Alabama at Birmingham and Auburn University underscores Alabama's dedication to technology transfer and collaboration between academia and industry.
Networking opportunities through events, meetups and collaborative initiatives are a great addition to Alabama's status as a thriving startup community. The sense of community fostered by such events allows entrepreneurs to connect, learn, and collaborate, reinforcing the collective growth of the ecosystem.
In essence, Alabama's dynamic and supportive startup ecosystem, combined with its diverse industries and strategic initiatives, positions it uniquely for entrepreneurial success. We eagerly anticipate contributing to and benefiting from the continued growth of this vibrant ecosystem.
