Mobile-Based Company Wins State Financing

The Alabama Futures Fund, a Birmingham-based venture capital fund that provides seed money to startup businesses, has tapped Mobile-based PINZ as its 14th investment, according to Business Alabama. PINZ, the brand name for “Pretty Marsh Golf,” “connects the world’s golfers — amateurs and pros — through competition, community and comparison,” the fund said in announcing its investment. PINZ was founded by Mike Stashak, who has helped build brands Wahoo Fitness, Equifax and McKinsey and Co. Kyle Wylie, who also has more than a decade of experience building brands and technology interfaces, is also a partner. Many of the Alabama Futures Fund’s earlier investments went to out-of-state firms, all with the requirement that the business create an Alabama presence.