Algoma (Seed)
Funding Details
- Awarder
- RSS - techfundingnews.com
- Date Award
- May 15, 2025
- Vertical
- Real Estate Technology
- Funding URL
- View Funding Page
- Funding Amount:
- $2,300,000
Company Info
- Traction
- Algoma has already resonated with customers, significantly reducing the time for feasibility studies from weeks to days.
- Founders
- Kyle MertensMeyer, Josef Bromovsky, Seyfihan Usarer
- Company Description
- Algoma is an AI-native real estate development platform that helps developers turn an address into a deal, addressing the complexities and inefficiencies in the pre-construction process.
- Market
- Real Estate Development
- Location
- USA
- Coinvestors
- Zacua Ventures, SOSV, Iron Prairie Ventures, DOMiNO Ventures, Compose VC