OJO Labs

OJO Labs

OJO Labs is an AI-powered conversational real estate platform founded by John Berkowitz.

OJO Labs is an Artificial Intelligence company that uses a conversational AI platform to help people find and buy homes. OJO Labs uses machine learning and natural language processing to help customers find information about houses on the market, area information, or to connect with real estate agents. OJO Labs partners with real-estate companies and financial institutions in the United States and Canada to provide data and services for its platform. BuiltinAustin recognized OJO Labs as top places to work in Austin, Texas for 2019.

Product

OJO is the house-hunting AI chat platform built by OJO Labs for providing the consumer with informational conversation before they have to interact with a salesperson. OJO has patented its machine learning technology in the United States. Real-estate agents and homebuyers talk with OJO to find information about a specific home or market they are interested in. With machine-learning and natural language processing, OJO can engage the consumer and follow through with accurate information.

On October 11, 2018, OJO Labs merged with WolfNet which manages one of the biggest and most accurate real-estate databases with more than 100 million records. WolfNet covers 99% of all active Multiple Listing Services (MLS) property listings in the U.S. and Canada. This data partnership with OJO Labs machine learning model allows it to become a dominant company in the real estate technology sector in the United States. OJO Labs also gathers data from public records to provide authentic information about real estate properties.

History

OJO Labs was founded by David Rubin and John Berkowitz on Feb 6, 2015. OJO Labs merged with WolfNet on October 11, 2018, to combine the massive amount of data with their Artificial Intelligence platform.

Timeline

June 25, 2020

OJO Labs acquires Movoto.

June 24, 2020

OJO Labs closes on a $62.5 million round of funding led by Wafra.

October 2019

OJO Labs acquires RealSavvy.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
OJO Labs Series C round, March 2019
45,000,000
March 2019
4 Results
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People

Name
Role
LinkedIn

David Rubin

Co-Founder

John Berkowitz

Co-Founder and CEO

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
lalorek
October 31, 2020
SiliconHills
During the pandemic, the latest perk for local and national tech companies is a paid holiday on election day. OJO Labs, Sana Benefits and Dell Technologies are among the Austin-based tech companies allowing employees time off to vote. They have joined more than 1,850 businesses nationwide that have partnered with Time to Vote to encourage ...
Brent Wistrom
July 1, 2020
AmericanInno
Major deals in June included a $118M round for Shattuck Labs, OJO Labs' $62M raising and related acquisition and news that BigCommerce might seek an IPO.
AlleyWatch
June 27, 2020
AlleyWatch
The Pulse of New York Tech
lalorek
June 25, 2020
SiliconHills
OJO Labs on Wednesday announced a $62.5 million round of funding and the acquisition of Movoto, a residential real estate search site. "It brings together two superpowers overnight," said John Berkowitz, CEO, and Co-Founder of OJO Labs. Austin-based OJO Labs, founded in 2015, has been working for the past five years to create a deeply ...
Christine Hall
June 24, 2020
Crunchbase News
OJO Labs provides personalized property recommendations and insights to homebuyers and sellers.

References

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