How much funding has Algoma raised?

Algoma has raised $420.0M in total funding, most recently a Growth Equity round.

Where is Algoma headquartered?

Algoma is headquartered in New York, New York, United States.

What industry is Algoma in?

Algoma operates in Artificial Intelligence, SaaS.

Algoma

Q: Who are Algoma's investors?

Algoma's investors include Canada Enterprise Emergency Funding Corporation, Province of Ontario, Government of Canada.

Analyze real estate deals faster than a broker call

New York, United States · Founded 2023 · $420.0M raised

Artificial Intelligence

SaaS

Headquarters: New York, New York
Employees: 1–10
Founded: 2023
Business Model: B2B

Website: algoma.co
Total Funding: $420.0M
Last Round: $420.0M Growth EquityJul 2021
Rounds: 1

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 $420.0M in total across 1 round, most recently a $420.0M Growth Equity round in Jul 2021. Investors include Canada Enterprise Emergency Funding Corporation, Province of Ontario and Government of Canada.