- Companies
- OJO
OJO Funding, Investors & Competitors
OJO has raised $134M across 4 funding rounds, most recently a $63M Series D in June 2020.
Last OJO funding round
$63M
Series D · Jun 2020
Cumulative funding OJO raised
$134M
across 4 funding rounds
Key investors in OJO
LiveOak Ventures
Northwestern Mutual Future Ventures
RBC Capital
Silverton Partners
Breyer Capital
InterVest Capital Partners
Anywhere
About OJO
OJO Labs is an Austin-based AI company, founded in 2015, that develops conversational AI to help consumers make major decisions, starting with real estate. Its free OJO assistant answers questions on home features, school districts, and more by combining machine intelligence with human real estate expertise, functioning like a smart real estate agent. The company has grown through acquisitions, including the real estate search platform Movoto and the homebuyer finance app Digs, to build an end-to-end homeownership platform.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
Sectors
OJO Funding History
OJO has raised a total of $134M across 4 funding rounds.
OJO's first fundraising round was a $6M Series A in January 2016. The most recent completed round was a $63M Series D in June 2020.
OJO funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Jun 2020 | Series D | InterVest Capital Partners (lead); Breyer Capital; RBC Capital; LiveOak Ventures; Northwestern Mutual Future Ventures | $63M | - |
| Mar 2019 | Series C | RBC Capital; LiveOak Ventures; Anywhere; Northwestern Mutual Future Ventures | $45M | - |
| May 2018 | Series B | LiveOak Ventures (lead); RBC Capital; Silverton Partners; Northwestern Mutual Future Ventures | $21M | OJO Labs, an Austin-based AI company founded in 2015, develops conversational AI to assist consumers in making important decisions, starting with real estate where its free OJO assistant acts like a smart real estate agent, answering questions on home features, school districts, and more by fusing machine intelligence with human expertise. The company plans to expand into financial services, healthcare, and other industries. Prior to the Series B, OJO raised $6 million in Series A in 2016 from LiveOak Venture Partners and Silverton Partners when it had 11 employees. On May 18, 2018, OJO Labs announced a $20.5 million Series B funding round led by LiveOak Venture Partners, with participation from Silverton Partners, Realogy Holdings Corp., Royal Bank of Canada (RBC Capital), Northwestern Mutual Future Ventures, and ServiceMaster. This round included a mix of real estate, financial, and home service industry leaders serving tens of millions of consumers. The funds aim to accelerate product rollout, including processing millions of pieces of real estate data from pilots, and to double the workforce from 33 in Austin and 75 in Saint Lucia. OJO Labs has patent-pending AI technology, successful pilots, and competitive advantages from three years of technical development since founding. The company moved to new headquarters at 720 Brazos in Austin and was recognized as a Best Places to Work by the Austin Business Journal. |
| Jan 2016 | Series A | LiveOak Ventures (lead); Silverton Partners (lead) | $6M | OJO Labs raised a $5.8 million Series A round led by LiveOak Venture Partners and Silverton Partners. The company develops AI technology that automates conversations and creates data-driven personalized experiences to assist consumers in decision-making, particularly in the real estate market. Its personal assistant leverages true artificial intelligence for real estate agents and consumers, with plans to scale nationwide. |
Who has invested in OJO?
7 investors have backed OJO across its funding rounds, including LiveOak Ventures, Northwestern Mutual Future Ventures, RBC Capital, Silverton Partners, Breyer Capital and InterVest Capital Partners.
Lead investors include InterVest Capital Partners, LiveOak Ventures and Silverton Partners.
OJO Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Jan 2016 | ||
| 3 | Participant | May 2018 | ||
| 3 | Participant | May 2018 | ||
| 2 | Lead | Jan 2016 | ||
| 1 | Participant | Jun 2020 | ||
This data is available for Pro users. Sign up to see all 7 OJO investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by OJO
OJO has acquired 4 companies to date.
Last acquisition by OJO was on October 15th 2020. OJO acquired Digs for undisclosed valuation.
Latest Acquisitions by OJO
| Description | Digs is a mortgage technology platform connecting homeowners with wealth-building tools and lenders for home equity access. The service facilitates pre-origination value-adds like equity insights and pairs buyers with vetted agents. Operating nationwide in the U.S., Digs integrates with 200-plus lenders for streamlined refinancing. | Movoto is a residential real estate platform connecting buyers, sellers, and agents with technology tools. The site offers search, brokerage, and transaction support powered by AI-driven features. Acquired by OJO Labs in 2020, the San Mateo-headquartered company operates as a top real estate portal in the United States. | Real Savvy is a Melbourne-based proptech company providing an all-in-one platform for real estate brokers and agent teams. Launched in 2014, it combines CRM functionality, custom websites, lead generation tools, and transaction management into a unified system. The platform supports campaign automation, client portals, and integrations with major MLS systems across Australia. Real Savvy powers operations for hundreds of brokerages nationwide, emphasizing streamlined workflows from lead capture to settlement. | WolfNet Technologies is a real estate technology provider delivering IDX-compliant websites, CRM systems, and market data services to agents and brokerages. Headquartered in Redmond, Washington, it powers property search platforms for multiple listing services across the United States. WolfNet integrates MLS feeds, virtual tours, and lead generation tools, serving thousands of real estate professionals. The company emphasizes customizable templates and mobile-responsive designs to enhance online property marketing. |
| HQ Country | ||||
| HQ City | Chicago, IL | San Francisco, CA | Austin, TX | Minneapolis, MN |
| Deal Date | 15 Oct 2020 | 24 Jun 2020 | 1 Oct 2019 | 10 Oct 2018 |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed |
| EV/Revenue | ||||
| EV/EBITDA | ||||
This data is available for Pro users. Sign up to see all OJO acquisitions and their M&A valuation multiples. Start Free Trial | ||||
OJO Competitors
OJO competitors include listed companies like KE Holdings, CoStar Group, Compass and Zillow, and private ones like Lianjia and Loft.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $14B | $734M | $18B | 1.0x | ||
| Publicly listed | $3.2B | $183M | $12B | 3.3x | ||
| Publicly listed | $7B | $55M | $8B | - | ||
| Publicly listed | $2.6B | $315M | $6.8B | 2.3x | ||
| Private | - | - | $6B | - | ||
| Private | - | - | $2.9B | - |
OJO Public Comps
OJO is still privately-owned, but its public comps include CBRE, Sumitomo Realty & Development, KE Holdings, Swire Properties, Vonovia, JLL, Swiss Prime Site, CoStar Group, Plaza and PSP Swiss Property.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $41B | $2.5B | 1.2x | 1.1x | 19.8x | 13.6x | |||
| $6.8B | $2.6B | 6.5x | 6.6x | 17.0x | 18.0x | |||
| $14B | $734M | 0.9x | 1.0x | 17.7x | 10.6x | |||
| $2B | $152M | 11.2x | 9.9x | 150.4x | 19.1x | |||
| $6.1B | $4.4B | 11.3x | 17.4x | 15.7x | 21.6x | |||
| $26B | $1.3B | 0.7x | 0.7x | 13.7x | 11.1x | |||
| $672M | $499M | 29.4x | 32.2x | 39.6x | 32.8x | |||
| $3.2B | $183M | 3.6x | 3.3x | 64.6x | 16.8x | |||
This data is available for Pro users. Sign up to see all OJO competitors and their valuation data. Start Free Trial | ||||||||
Common questions about OJO
| When was OJO founded? | OJO was founded in 2015. |
| Where is OJO headquartered? | OJO is headquartered in United States. |
| Is OJO publicly listed? | No, OJO is a private, VC-backed company. |
| How much funding has OJO raised? | OJO has raised $134M across 4 funding rounds. |
| What was OJO's last funding round? | OJO's last funding round was a $63M Series D in June 2020, led by InterVest Capital Partners. |
| Who are OJO's investors? | OJO's investors include LiveOak Ventures, RBC Capital, Northwestern Mutual Future Ventures, Silverton Partners, Breyer Capital, Anywhere and InterVest Capital Partners. |
| Which companies are comparable to OJO? | Companies comparable to OJO include KE Holdings, CoStar Group, Compass, Zillow, Lianjia and Loft. |
| How many companies has OJO acquired? | OJO has acquired 4 companies, including Digs, Movoto, Real Savvy and WolfNet Technologies. |
See companies similar to OJO
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




