Ojo Labs, an Austin, Texas-based provider of AI-based assistant that can understand a user’s intent and preferences to answer consumer related question, raised $20.5m in Series B funding.
Investors included Realogy Holdings Corp., Royal Bank of Canada, Northwestern Mutual Future Ventures, ServiceMaster, LiveOak Venture Partners and Silverton Partners.
The company will use the funds to grow its product, data science and engineering teams and rollout its products.
Led by and John Berkowitz, CEO, Ojo Labs provides OJO, an AI-based assistant that can understand a user’s intent and preferences to answer almost any real estate related question. Interacting on behalf of real estate agents and brokerages, OJO is available 24/7 to help consumers with questions, home search needs, mortgage information and other resources related to the home ownership journey.