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Innovation Depot adds new startups to building


Innovation Depot
New companies have moved into Innovation Depot.
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Innovation Depot recently welcomed new companies to the downtown incubator.

Sequense, Moxi and Krown Petroleum joined the Depot community, according to the incubator's newsletter.

Sequense

Sequense is a workflow automation software platform with a focus on travel agency business operations for independent and enterprise-scale travel advisers. The company's goal is to streamline travel business processes.

It offers industry-specific automation for travel advisers. By entering key data points, the company’s software organizes hundreds of tasks by stage of workflow and work type. The Sequense platform provides visibility for each adviser on outstanding tasks to be completed using a project management tool.

Birmingham's Alabama Futures Fund recently placed an investment Sequense and recruited the former Austin, Texas-based company to the Magic City. Sequense CEO Kimber Falkinburg also relocated to Birmingham in connection with the investment. The company was recruited to Birmingham through the combined efforts of AFF and Birmingham Bound.

Financial details were not disclosed for the investment. According to a statement from Falkinburg, relocating to Birmingham was an easy decision after spending some time in the ecosystem.

Moxi

Moxi founder and CEO Cori Fain-Forrest is a Birmingham native and is one of the newest members of Innovation Depot.

No stranger to the startup realm, she is former vice president of social impact at Landing.

Moxi provides day care on demand by partnering with day cares and their existing families to sell unused day care days through Moxi for a daily price. There are no contracts, commitments or fees, and customers only pay for the care they need.

According to a social media post from Fain-Forrest, she dealt with issues in child care including years-long day care wait lists, higher costs and staff shortages leading to reduced hours, which is what inspired her to create the company.

Krown Petroleum

Krown Petroleum is the parent company for operating entities along the Alabama Gulf Coast and Birmingham area. The organization is focused on development, real estate and related services within the region.

The long-term goal for the company, according to its LinkedIn page, is to "vertically integrate through acquisitions, joint ventures and startups to provide scale, value creation and a best-in-class customer experience."

Its founder is a University of Alabama at Birmingham student.


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