AI homebuying assistant OJO Labs raises $45M

There's a new virtual assistant to help you through the homebuying process

The creator is OJO Labs, an AI-driven personal assistant for real estate agents and home buyers. Most recently, the proptech company has raised $45 million in a Series C funding round.

The Austin-based company will use the money to expand and speed up its product development, the company said in a statement. Investors in the funding round include LiveOak Venture Partners, Realogy Holdings, Royal Bank of Canada and Northwestern Mutual Future Ventures.

OJO has a virtual assistant that seeks to help homebuyers and sellers through the home search and transaction process. The platform includes mobile messaging and a variety of web tools — including assistance with picking a neighborhood and financial guidance. Once a consumer is ready to start the process, OJO matches them with an agent.

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