Palomma Secures $14 Million In Funding Led By Cometa For Real Estate AI Solutions

Palomma (@Palomma_AI), a Medellín-based platform building AI and financial services for Latin America’s real estate sector, raised $14 million across its Pre-Series A and Series A rounds, with the Series A led by Cometa and participation from Volpe Capital, Y Combinator, 17Sigma, Nido Ventures, Clocktower Ventures, Tekton Ventures, Simma Capital, Yango Ventures and Norte Ventures. Founded by Cipriano Echavarría, Felipe Monsalve, and Nicolás Gómez del Campo, Palomma combines AI agents that automate property management operations with financial products that provide rewards, credit, and protection to tenants and landlords.

In less than 18 months, Palomma has grown to serve over 500 property managers and facilitate rent payments for more than 200,000 tenants and landlords, becoming Colombia’s largest rent payments platform, with $1.5Bn+ in annualized rent payment volume.

FOUNDERS: Cipriano Echavarría (@CiprianoEc), Felipe Monsalve (@FmvFelipeMonsalve & Nicolás Gómez del Campo (@ngdc98)

INVESTORS: Cometa, Volpe Capital (@VolpeCapital), Y Combinator (@YCombinator), 17Sigma, Nido Ventures, @nido.ventures, Clocktower Ventures, Tekton Ventures, Simma Capital, Yango Ventures, Norte Ventures

ROUND: Series A AMOUNT: $14,000,000

HQ: Medellín, Colombia

#VentureCapital #Palomma #TradedPartner #CiprianoEchavarría #TradedVC