Algoma, a NYC-based developer of a digital platform for sustainable buildings, secured $2.3 million in funding.
The funding was led by Zacua Ventures and will be used to expand Algoma's team, enrich its product suite, and advance its web platform.
Algoma aims to streamline how real estate deals are managed online through its centralized web platform, which connects stakeholders and automates tasks.
With plans for AI-powered assistants, customizable workflows, and a mobile app, Algoma targets the growing global real estate software market and aims for expansion into new U.S. markets by 2026.