OJO Labs, a real estate tech startup focused on delivering a data-driven and truly-conversational AI platform that enables home buyers and sellers to make intelligent decisions throughout their entire real estate transaction journey. The platform is known for its proprietary personal assistant technology that blends machine learning and human operations.
The company received $62.5M in a Series D financing round, led by investment firm Wafra. Other investors include Breyer Capital, LiveOak Venture Partners, Royal Bank of Canada, and Northwestern Mutual Future Ventures. The latest round comes after it had raised $45M Series C round in March 2019, brining the total amount raised by the company to $134M.
OJO is revolutionizing the way people access real estate information and purchase a home by inverting the current model and placing full-control back into the hands of consumers. Its unique, patented AI technology products can conduct text conversations with consumers at scale. By combining natural language understanding with data and personalization, the products allow consumers to deeply engage in a purchase process before interacting with a salesperson.
OJO Labs holds strategic partnerships with Realogy Holdings Corp.’s top national brands including Century 21, ERA, BHGRE, Sotheby’s International Realty, and Coldwell Banker. Additionally, the company expanded into Toronto, Canada through its partnership with Royal Bank of Canada’s ventures division and Royal LePage, bringing its services to a large network across North America.