Latii enables luxury architects and construction materials dealers to source premium windows and doors from fabricators in Latin America , Europe , and Africa NEW YORK , Oct. 29, 2024 /PRNewswire/ -- Latii, a New York City -based proptech startup, is announcing today that it has secured $5 million in seed-round funding. Combined with the $3.
3 million raised during a pre-seed round, this brings Latii's total funding to $8.3 million . The seed round was led by Leadout Capital, with participation from Era Ventures, Act One, Nine Four Ventures, and RADV.
The company will use the fresh capital to continue the development and launch of AI-powered tools that streamline processes for both its customers and fabricators. This infusion will further fuel its U.S.
-wide expansion efforts in the Pacific Northwest, Mountain Region, and the New York Tri-State Area by removing cross-market friction. "This funding enables us to leverage AI to lower overheads and enhance quality outcomes for our clients," said Santiago Bueno , CEO and Co-Founder of Latii . "We're excited to expand into new luxury architectural aluminum and European steel fenestration markets across the U.
S., connecting architects and construction material dealers with premium, design-forward windows and doors from world-class fabricators." Latii is a managed marketplace and supply chain automation tool for construction materials, allowing U.
S. customers to source high-quality, price-competitive, precision-made fenestration produ.