Tech Company Financing Transactions
Algoma Funding Round
Algoma secured a $2.3 million Seed funding round on 5/15/2025. Investors included Zacua Ventures, DOMiNO Ventures and Iron Prairie Ventures.
Transaction Overview
Company Name
Announced On
5/15/2025
Transaction Type
Venture Equity
Amount
$2,300,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Real Estate
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Algoma is a technology company that empowers real estate developers to make data-driven decisions by automating the feasibility study process. Their platform provides real-time zoning, market, and cost data, enabling developers to generate investment-ready reports, pro formas, and site layouts in minutes. Algoma's tools aim to streamline the development process, reduce costs, and accelerate decision-making .
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Josef Bromovsky
Chief Operating Officer
Seyfihan Usarer
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We do our best to report on every notable VC transaction. VC transactions reported here are derived from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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