OJO Labs, a provider of a conversational AI platform which allows consumers to improve the decision making processes, acquired RealSavvy, an Austin-based real estate software platform for real estaate agents, brokers, and teams.
The amount of the deal was not disclosed. However, RealSavvy will be immediately integrated into the company, leveraging its resources, market access, and team to further its offerings and vision.
With RealSavvy joining OJO Labs in its new Austin headquarters, the company has assembled a team of engineering, data science, product and marketing professionals in a synergy that will allow partnered brokerages the ability to scale distinct products into the hands of consumers and agents.
Led by Rick Orr, CEO, RealSavvy provides a real estate software platform for real estate agents, teams and brokerages that combines its collaborative IDX with customizable websites, branded mobile apps, and a fully-integrated predictive CRM.
John Berkowitz, CEO, OJO Labs provides patented AI technology products that can conduct text conversations with consumers at scale. By combining natural language understanding with data and personalization, the products allow consumers to deeply engage in a purchase process before interacting with a salesperson.