# OJO Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ojo-labs

- Industry: Software
- Headquarters: Austin, US
- Website: www.ojo.com
- Total disclosed funding: $128M
- Latest round: Series D (Jun 24, 2020)
- Investors on record: 8

## About

OJO Labs, Inc. is a US-based software company focused on delivering innovative technology solutions for homebuyers, homeowners, home sellers, and real estate professionals, enhancing the real estate transaction experience through advanced platforms.OJO Labs, Inc. specializes in leveraging technology to streamline the home buying, selling, and ownership processes. Founded in 2015 in Austin, US, the company has successfully completed 5 deals with the latest funding round being Series D, raising a total of USD 62.50 mn, led by Wafra and supported by investors such as Breyer Capital and Future Ventures. The company was co-founded by John Berkowitz, who brings a wealth of entrepreneurial experience to the organization, having previously been involved in other ventures. Notably, Royal Bank of Canada acquired OJOHome Canada Ltd. from OJO Labs, Inc. in February 2023, although the financial details were not disclosed.OJO Labs, Inc. specializes in providing innovative solutions for homebuyers, homeowners, home sellers, and real estate professionals. The company's offerings include advanced technology platforms designed to facilitate home buying, selling, and ownership processes. These platforms gather extensive resources to bolster user confidence in real estate transactions, addressing the challenges consumers face in the housing market, such as complex purchasing processes and the need for reliable market information. OJO primarily serves clients in the United States, with a focus on key metropolitan areas, catering to a diverse clientele that includes first-time buyers, seasoned homeowners, and real estate agents.OJO Labs, Inc. generates revenue through various transaction channels in the real estate sector. The company engages in B2B partnerships with real estate professionals, providing subscription-based access to its suite of tools and services. Homebuyers and sellers utilize OJO's platforms for enhanced market insights and support during their real estate journey, generating revenue through subscriptions, partnerships, and possibly transaction fees associated with property sales facilitated by their technology solutions.OJO Labs, Inc. is focused on future growth through the development of new products designed to enhance customer experiences in real estate. Following the recent acquisition of OJOHome Canada Ltd. by Royal Bank of Canada, the company aims to expand its market presence, leveraging insights-driven solutions to aid customers in navigating the home-buying process. Recent funding from the Series D round will be utilized to support these initiatives, strengthening their technological offerings and expanding into new geographic regions.

## Funding rounds

- Series D, Jun 24, 2020, $63M — Wafra, Royal Bank of Canada, LiveOak Venture, Breyer Capital, Future Ventures
- Series C, Mar 19, 2019, $45M — Royal Bank of Canada, Realogy Holdings Corp., LiveOak Venture, Future Ventures
- Series B, May 17, 2018, $21M — Royal Bank of Canada, Terminix Global Holdings, Inc., Realogy Holdings Corp., Silverton Partners, LiveOak Venture

## Investors

- Royal Bank of Canada — Series B, Series C, Series D
- Terminix Global Holdings, Inc. — Series B
- Realogy Holdings Corp. — Series B, Series C
- Silverton Partners (https://capitalatlas.ai/funds/silverton-partners) — Series B
- LiveOak Venture (https://capitalatlas.ai/funds/liveoak-venture) — Series B, Series C, Series D
- Future Ventures — Series C, Series D
- Wafra (https://capitalatlas.ai/funds/wafra) — Series D
- Breyer Capital (https://capitalatlas.ai/funds/breyer-capital) — Series D