Latii, a NYC-based proptech startup for high-end dealers, architects, and homeowners, raised $5M in Seed funding.
The round, which brings Latii’s total funding to $8.3m, was led by Leadout Capital, with participation from Era Ventures, Act One, Nine Four Ventures, and RADV.
The company intends to use the funds to continue the development and launch of AI-powered tools that streamline processes for both its customers and fabricators and further enhance its U.S.-wide expansion efforts in the Pacific Northwest, Mountain Region, and the New York Tri-State Area by removing cross-market friction.
Led by CEO Santiago Bueno, and COO Juan Pascual, Latii is a managed marketplace and supply chain automation tool for construction materials, allowing U.S. customers to source precision-made fenestration products from Latin America, Southern Europe, and North Africa.
The company is already working with customers in Texas, and has facilitated more than $1 million in orders in the past twelve months.