Reviewed by: Nathan Watson
Birmingham real estate service wins $75K at Alabama Launchpad
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Alabama Launchpad, a program of the Economic Development Partnership of Alabama (EDPA). Today, EDPA announced that Birmingham’s own modern real estate service, Homepoint, took home $75,000 as the winner of the Technology Track at their second cycle.
Meet Homepoint: the winner of Alabama Launchpad
At this year’s Cycle 2 competiton, Homepoint was selected winner out of a group of five tech-focused finalists, including:
- Druid Agriculture
- LUDS LLC
- M&S Analytics, LLC
- Tag! Fundraising
Caroline and Trey McMeans, the husband and wife duo behind Homepoint, will receive $75,000 in non-dilutive funding, as well as exposure to innovation partners and mentorship opportunities.
“Winning Alabama Launchpad is going to help propel Homepoint to meet our 2026 goals by providing working capital to kickstart our marketing strategy. This win helps validate our company and will continue to open doors for us.
Our vision is to grow Homepoint into a nationwide tech-forward real estate company that helps millions of Americans achieve their homeownership dreams.”
Caroline McMeans, co-founder, Homepoint
Curious how it works? Homepoint saves homebuyers and sellers thousands with its modern real estate service.
Alabama Launchpad is an early-stage seed fund investor dedicated to driving innovation and job growth through startup competitions and mentorship for statewide entrepreneurs. Since its inception in 2006, Alabama Launchpad has invested more than $6.6 million to over 120 startups, resulting in more than 1,600 jobs created and over $1B in estimated valuation.
There’s more good news coming for local startups: The Alabama Launchpad Cycle 2 Consumer Goods finalists will compete for $50,000 on Tuesday, October 28, and the Life Sciences finalists will compete for $100,000 on Wednesday, November 5.
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