Homepoint, a tech-forward real estate brokerage platform enhancing transparency and efficiency in home buying and selling, has been named the winner of Alabama Launchpad’s Technology Track competition.
The company received $75,000 in non-dilutive funding, meaning the investment does not require the company to give up equity or ownership shares—through the program operated by the Economic Development Partnership of Alabama (EDPA) in partnership with Innovate Alabama.
Co-founders Caroline and Trey McMeans will also gain access to follow-on mentorship and connections within Alabama’s growing network of investors and innovation partners.
The Birmingham-based startup’s platform is designed to streamline the real estate experience through technology, giving both buyers and sellers more transparency throughout the process.
Homepoint was selected from a competitive group of five technology finalists that included Druid Agriculture of Huntsville, LUDS LLC of Vestavia Hills, M&S Analytics of Birmingham, and Tag! Fundraising of Huntsville. Each company brought forward innovative solutions in areas such as precision agriculture, construction efficiency, and digital community-building.
“Winning Alabama Launchpad is going to help propel Homepoint to meet our 2026 goals by providing working capital to kickstart our marketing strategy,” said Caroline. “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.”
Finalists presented their business pitches to a panel of judges that included Jeremy Skinner, director of software engineering at O3 Solutions; Todd Greer, executive director of Innovation Portal; and Virginia Overstreet, founder and CEO of Zeus Research & Technology.
“Judging this year’s ALP pitch competition was a privilege,” said Overstreet. “All of the companies were incredibly impressive. I can’t wait to see how each company competing—and the winners—will grow and bring innovation to Alabama.”
The competition was part of Cycle 2 of Alabama Launchpad’s 2025 series, which now features three industry-specific tracks, $2,500 upfront funding for each finalist, and a 12-week mentorship program aimed at strengthening Alabama’s most promising startups.
Upcoming competitions will award $50,000 in the Consumer Goods track on October 28 and $100,000 in the Life Sciences track on November 5, each offering non-dilutive funding to help accelerate company growth.
Since its founding in 2006, Alabama Launchpad has invested more than $6.6 million in over 120 startups, helping create more than 1,600 jobs and generating more than $1 billion in estimated valuation statewide. The program remains Alabama’s most active early-stage seed fund investor, focused on driving innovation and entrepreneurship across the state.
Sherri Blevins is a staff writer for Yellowhammer News. You may contact her at [email protected].
