Movoto Real Estate, a San Mateo, Calif.-based AI-enabled end-to-end real estate platform, raised $8M in funding.
Mitsui Fudosan Co., Ltd., a Tokyo-based global real estate company, made the investment and is now a minority stakeholder.
The company will use the funds to invest more in its platform and accelerate growth.
Founded in 2005 and led by CEO Imtiyaz Haque, Movoto.com is a real estate technology platform company with more than 18 million monthly property searches on Movoto.com and provides an end-to-end platform for consumers and agents to collaborate. It is a fully licensed online real estate brokerage in all 50 states of the US.