OJO Funding, Investors & Competitors

OJO has raised $134M across 4 funding rounds, most recently a $63M Series D in June 2020.

See full OJO profile

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

OJO Overview

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

United StatesUnited States

Website

ojo.com

Status

Privately held

Customer focus

B2C

Revenue model

Subscription

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

OJO funding rounds
DateStageInvestorsRaisedDeal Summary
Jun 2020Series DInterVest Capital Partners (lead); Breyer Capital; RBC Capital; LiveOak Ventures; Northwestern Mutual Future Ventures$63M-
Mar 2019Series CRBC Capital; LiveOak Ventures; Anywhere; Northwestern Mutual Future Ventures$45M-
May 2018Series BLiveOak Ventures (lead); RBC Capital; Silverton Partners; Northwestern Mutual Future Ventures$21MOJO 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 2016Series ALiveOak Ventures (lead); Silverton Partners (lead)$6MOJO 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

Investors in OJO by funding rounds participated
InvestorHQRoundsRoleFirst check
LiveOak VenturesUnited StatesAustin, TX4LeadJan 2016
RBC CapitalCanadaToronto3ParticipantMay 2018
Northwestern Mutual Future VenturesUnited StatesMilwaukee, WI3ParticipantMay 2018
Silverton PartnersUnited StatesAustin, TX2LeadJan 2016
Breyer CapitalUnited StatesSan Francisco, CA1ParticipantJun 2020

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Acquisitions 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

Digs
Movoto
Real Savvy
WolfNet Technologies
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 CountryUnited StatesUnited StatesUnited StatesUnited States
HQ City
Chicago, IL
San Francisco, CA
Austin, TX
Minneapolis, MN
Deal Date15 Oct 202024 Jun 20201 Oct 201910 Oct 2018
Valuationundisclosedundisclosedundisclosedundisclosed
EV/Revenue
EV/EBITDA

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OJO Competitors

OJO competitors include listed companies like KE Holdings, CoStar Group, Compass and Zillow, and private ones like Lianjia and Loft.

Public and private companies comparable to OJO
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
KE HoldingsChinaChinaPublicly listed$14B$734M$18B1.0x
CoStar GroupUnited StatesUnited StatesPublicly listed$3.2B$183M$12B3.3x
CompassUnited StatesUnited StatesPublicly listed$7B$55M$8B-
ZillowUnited StatesUnited StatesPublicly listed$2.6B$315M$6.8B2.3x
LianjiaChinaBeijingPrivate--$6B-
LoftBrazilSão PauloPrivate--$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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
CBRE$41B$2.5B1.2x1.1x19.8x13.6x
Sumitomo Realty & Development$6.8B$2.6B6.5x6.6x17.0x18.0x
KE Holdings$14B$734M0.9x1.0x17.7x10.6x
Swire Properties$2B$152M11.2x9.9x150.4x19.1x
Vonovia$6.1B$4.4B11.3x17.4x15.7x21.6x
JLL$26B$1.3B0.7x0.7x13.7x11.1x
Swiss Prime Site$672M$499M29.4x32.2x39.6x32.8x
CoStar Group$3.2B$183M3.6x3.3x64.6x16.8x

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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.

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