Friday, May 18, 2018

OJO Labs Finds $20.5M For Conversational AI Software

Austin-based OJO Labs, which is developing conversational, artificial intelligence (AI) tools, has raised $20.5M in a Series B funding, the company said on Friday. The funding came from Realogy Holdings Corp., Royal Bank of Canada, Northwestern Mutual Future Ventures, and ServiceMaster, along with LiveOak Venture Partners and Silverton Partners. OJO Labs is initially targeting the use of its artificial intelligence software in the real estate industry, letting users ask real estate questions, providing information about properties, and more. The company, co-founded by David Rubin, says its tools help consuemrs "deeply engage" in the real estate purchase process. More information »