Algoma
AI-powered site feasibility platform for real estate developers
Web platform that turns a US street address into a zoning, capacity, and market feasibility readout in minutes, replacing the manual feasibility studies developers otherwise commission from architects and planners.
Why This Tool Exists
Real estate developers historically spend $10,000-$15,000 and 4-6 weeks commissioning a feasibility study - zoning research, massing/unit-yield analysis, market comps, and a pro forma - before knowing whether a site is worth pursuing. Small and mid-sized developers evaluating many sites (infill parcels, workforce and affordable housing, single-family communities) cannot afford that cost and delay on sites that may ultimately be rejected.
Algoma ingests a US address and, within about 60 seconds, returns AI-generated zoning analysis (with citations to municipal code), site capacity and massing studies, unit-mix layouts, market comps and demographics, and a pro forma model. A companion in-house professional-services team (architects and engineers on staff) converts the automated output into stamped-quality site plan packages and renderings for LP, investment-committee, or zoning-board presentations when a deal moves forward.
How You Use It
Data Transparency
Exactly what this tool uses and how
Contact vendor for API access - no public developer/API documentation foundUse Cases
- ·Rapid go/no-go feasibility screening across many candidate sites before committing acquisition-diligence budget
- ·AI-assisted zoning research with code citations ahead of a formal zoning attorney or planner review
- ·Generative site layout and unit-yield studies for single-family and multifamily greenfield developments
- ·Investor-ready feasibility packages (renderings, pro forma, site plans) for LP, investment-committee, and zoning-board presentations
- ·Market comp and demographic research bundled with site-level zoning and capacity data in one workflow
Pricing
Research Sources & Data QualityLast verified: 2026-07-16
- https://www.algoma.co/
- https://www.algoma.co/pricing
- https://www.algoma.co/our-team
- https://www.algoma.co/platform/tos
- https://www.thesisdriven.com/letters/deep-dive-algoma/
- https://www.globenewswire.com/news-release/2025/05/15/3082413/0/en/PropTech-Startup-Algoma-Raises-Seed-Round-to-Become-the-AI-Engine-Behind-Every-Real-Estate-Deal.html
- https://techfundingnews.com/exclusive-algoma-led-by-harvard-alumni-grabs-2-3m-to-become-the-ai-engine-behind-every-real-estate-deal/
- https://tracxn.com/d/companies/algoma/__9ZBXAP5G8973DBmssGPxrok9BuHsD6flF2JrNkfcIlY
- https://sosv.com/algoma-led-by-harvard-alumni-grabs-2-3m-to-become-the-ai-engine-behind-every-real-estate-deal/
Similar Tools
AI platform that transforms natural language questions into interactive maps, charts, and spatial analysis for urban planning and site selection without requiring GIS or coding skills.
Computational design platform that automatically generates thousands of design variants based on input parameters (parking, density, unit mix, building codes), reducing feasibility study time from 3 weeks to 30 minutes. Exports design exploration results directly to Revit for schematic development.
AI platform that consolidates zoning and planning data from 25,000+ sources and uses generative design to rapidly create 3D building options that comply with local regulations, automating site discovery and design iteration for property developers and architects.