We are pleased to announce the presentation of our 2024 Impact Report. We’re grateful for our community, the opportunity to stimulate the economy, and catalyze the innovation that our companies pursue.
Our CEO, Neill S. Wright, reflects on the year in his opening remarks, “This past year has been one of extraordinary change, across markets, industries, and communities. We have all had to navigate uncertainty, recalibrate expectations, and lean into resilience. For those of us committed to investing at the early stage, the journey continues to be circuitous — but Bronze Valley’s north star has continued to shine bright and guide us.”
Below are key highlights from our 2024 year, which we dive into further throughout the report.
Milestones & Our Impact
We welcomed two cohorts to the Bronze Valley Investment Accelerator (BVIA). Each of the companies in these cohorts received a $100K investment and a concierge-level mentorship-driven tailored for high-growth startups. In Q1’24, we launched Tech Row, a new VentureLab space for portfolio companies and accelerator program participants to convene and collaborate in Birmingham.
We have invested $5.4M+ to date, across 45 portfolio companies, including welcoming FilmHedge, NICKLpass, and Highnote to our portfolio. Our portfolio companies have generated $140M in revenue, raised $100M in follow-on capital, and created nearly 750 jobs.
More detailed data for the VentureLab is reflected in the full report, showing promising growth in the Alabama and Delaware communities.
Portfolio Expansion
Twelve portfolio companies are highlighted in our 2024 expansion, and the founders who drive their charge:
- Botco.ai & founder Rebecca Clyde
- Companion Candles & founder Loren Lewin
- EmpoweRx & founder Mary Kathleen Bryan
- FilmHedge & founder Jon Gosier
- Generation Conscious & founder Greg (G.L.) Genco
- Highnote & founder Jordan Bradley
- Kai XR & founder Kai Frazier
- Pay4Me & founder Sunday Paul Adah
- Pye & founder Jegil Dugger
- NICKLpass & founder Sumorwuo Zaza
- Roam Creative & founders Stef Palumbo, Kim Price
- Wears & founder Brandon Chance
We also feature entrepreneur highlights for Generation Conscious, NICKLpass, and Pye - read more on their backgrounds in the full report!
Our Reach & What’s Ahead
Our portfolio companies now span across 17 states, primarily outside of traditional technology hubs. We continue to explore areas of opportunity around the country where we can bring capital, expertise, and programming for early-stage companies.
The Spring 2025 Cohort IV for BVIA includes Nyad, Aleoop, Balance AI, Feedcoyote, and Transition. Read more about each of these individual companies in our previous blog.
As you read through our full 2024 Impact Report, we hope you experience the same level of excitement that we feel as we assist our founders in creating new solutions that solve the challenges of tomorrow.
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