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Algoma

Algoma

Private
New York City, New YorkReal Estate & PropTechhttps://www.algoma.co/

Last Round

Seed

May 15, 2025

Total Funding Raised

$4.38M

Company Overview

Algoma is a real estate technology company that provides an AI-powered development platform to automate pre-construction services like feasibility analysis, zoning research, financial modeling, and early-stage design for real estate developers.

Sector

Real Estate & PropTech

Verticals

Construction Tech, PropTech Services, Business Intelligence, Workflow Automation

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

site feasibilityzoning analysisproptechpre-construction softwareAI zoning agentreal estate development softwarevertical SaaSland development softwarecapacity modelingmarket intelligencecontechautomated zoningarchitectural renderingssite planningAI for real estate

Historical Pricing

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Caplight Momentum Score

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Algoma Comparables

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Algoma comparables — related companies by embedding similarity
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Deepblocks
89%
Dirt
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Cedar
88%

Algoma Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedMay 15, 2025
SeedNov 1, 2024
GrantMar 13, 2024
AcceleratorSep 6, 2023

Key People

Founding team and executive leadership

Seyfihan Usarer

Co-Founder COO

Founding Team

Kyle MertensMeyer

Chief Product Officer

Executive Team

Algoma Investors

Notable investors and investment history

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 15, 2025

    $2.3M raised in Seed round.

  • Nov 1, 2024

    $1.9M round with SOSV and Domino Ventures

Algoma Filings

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Algoma filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Algoma's valuation, stock price, and market status.

Is Algoma a public or private company?

Algoma is a private company.

What is the current stock price of Algoma?

Algoma is a private company with no public stock price. No recent secondary market data is available.

How much is Algoma worth (valuation)?

Valuation information for Algoma is not publicly available.

Can I buy Algoma stock?

Algoma shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Algoma's last funding round?

Algoma's most recent funding round was Seed on May 15, 2025.

Who are the main investors in Algoma?

Key investors in Algoma include Zacua Ventures.

Will Algoma IPO soon?

No public IPO plans have been announced for Algoma.

How can I track Algoma secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Algoma's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersNew York City, New York
Employee Range16
Year Founded2023
Last FundingMay 15, 2025

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