CModel Data Establishes Birmingham, Alabama, Operations
06/17/2024
With an investment from an Alabama-focused venture fund, the company is relocating its headquarters from San Francisco to the city’s Innovation Depot.
“With the support of Alabama’s focused venture fund and the enthusiastic backing from Birmingham’s innovation ecosystem, we are excited to establish our headquarters at the esteemed Innovation Depot,” said Teasha Cable, a co-founder of CModel. “Relocating to Birmingham aligns with our vision of creating a significant impact and contributing to the thriving tech community here. We are eager to build on our commitment to growth, create new job opportunities and bolster economic development in the region.”
To support the project AIDT, Alabama’s primary workforce development agency, is providing services to CModel. Additional support is being provided by the Birmingham Business Alliance, the City of Birmingham; Jefferson County; Birmingham Bound, and the Alabama Futures Fund (AFF).
“The innovators behind CModel Data have developed a software platform that enables business leaders to cut through the static to obtain the insights they need to grow their enterprises,” Commerce Secretary Ellen McNair said. “The promising company is another great addition to Birmingham’s growing tech startup scene.”
CModel Data’s AI-powered CORA program functions as a decision-support engine that aggregates a company’s most critical business data and uses machine learning to analyze metrics, assumptions, and industry benchmarks to deliver curated recommendations with subject matter expertise.
“This innovative company will not only bring 80 new jobs but will also enhance our ecosystem with its cutting-edge technology,” added Steve Ammons, President and CEO of Birmingham Business Alliance. “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.”
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