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

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