Algoma
Analyze real estate deals faster than a broker call
New York, United States · Founded 2023 · $422.3M raised
- Headquarters
- New York, New York
- Employees
- 1–10
- Founded
- 2023
- Business Model
- B2B
- Website
- algoma.co
- Total Funding
- $422.3M
- Last Round
- $2.3M SeedMay 2025
- Rounds
- 2
About
Algoma is an AI-native real estate development platform that transforms the feasibility process for property developers. The platform provides instant zoning analysis, market intelligence, comparable builder tools, and site capacity studies for any address, reducing weeks of research to minutes and replacing expensive consultant fees with a consistent subscription model.
Summary
Algoma is an Artificial Intelligence company based in New York, United States, founded in 2023. It has raised $422.3M in total across 2 rounds, most recently a $2.3M Seed round in May 2025. Investors include Canada Enterprise Emergency Funding Corporation, Province of Ontario and Zacua Ventures.
Tech & App Stack
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Funding History
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Nov 2025
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Growth Equity through Debt Financing — per-round amounts, valuations, and who invested in each round.
Investors
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