Northwestern Mutual and RBC invested in a $62.5m round for eal estate services platform Ojo that funded the acquisition of Mitsui Fudosan-backed Movoto.
US-based real estate chatbot developer Ojo Labs received $62.5m yesterday from investors including financial services firms Royal Bank of Canada (RBC) and Northwestern Mutual.
The round was led by investment firm Wafra and included Breyer Capital and LiveOak Venture Partners, while Northwestern Mutual invested through its Northwestern Mutual Future Ventures unit. Wafra’s chief information officer, Russell Valdez, has joined the company’s board of directors in connection with the round.
In addition to the funding, Ojo announced it has acquired Movoto,…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
