Three Alabama companies, including two from Birmingham, were selected to take part in Venture Atlanta's 2022 venture capital conference.
Those companies include Birmingham-based QuantHub, which is led by Matt Cowell; Smart Alto, which is led by Hassan Riggs; and Huntsville-based Rippleworx Inc. QuantHub was also selected in 2020.
Now in its 15th year, Venture Atlanta will be held Oct. 19-20 at The Woodruff Arts Center and Atlanta Symphony Hall with the theme of "Forward", signifying the Southeast tech ecosystem’s continued growth and momentum. Venture Atlanta 2022 received nearly 500 applications and more than 90 event sponsors.
The annual conference has helped to launch more than 700 companies and raise $6.5 billion in funding to date, spinning out $17 billion in successful exits.
Venture Atlanta maintains a roster of successful alumni, including CallRail, Car360, Flock Safety, Florence Healthcare, Kabbage, ParkMobile, Pindrop Security, Salesforce Pardot, Salesloft, SingleOps, Stax and Terminus.
“This year’s number of applicants broke even last year’s record, with the quality of companies making it a very difficult job for our selection committee,” said Venture Atlanta CEO Allyson Eman in a news release.
This year, nearly 60% of presenting and showcase companies are from outside Georgia. Companies that will present and be showcased are based in some of the strongest tech innovation hubs in the Southeast, including Atlanta, Austin, Birmingham, Charlotte, Dallas, Durham, Miami, Nashville and Richmond.
Venture Atlanta 2022 is anticipated to be a sold-out event, with over 1,200 entrepreneurs, founders, investors and business leaders expected to attend.