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Texas based real estate AI startup has raised a $20.5m Series B from LiveOak Venture Partners, Silverton Partners, Realogy, RBC, Northwestern Mutual Future Ventures and ServiceMaster.
The program interacts with consumers on behalf of real estate agents and brokerages, and is available around the clock to help consumers with questions, home search needs, mortgage information and other resources related to buying or selling a home. According to OJO Labs, engaging the consumer in a two-way dialogue over an extended period of time provides the AI assistant with “key insights that it can then share with a real estate agent when the consumer is ready and chooses to connect.” Last year, loanDepot, a retail mortgage and nonbank consumer lender, reached an agreement with OJO Labs to act as the mortgage provider of OJO.
