OJO Labs Acquires Movoto
June 24, 2020
OJO Labs announced the acquisition of Movoto, a fast-growing residential real estate search site, as it closed a $62.5 million funding round led by Wafra. The deal combines Movoto's consumer-first search and large audience (nearly 24 million monthly visits) with OJO's AI-driven personalized homebuying platform to scale reach and enhance its consumer guidance capabilities.
- Buyers
- OJO Labs
- Targets
- Movoto
- Industry
- Real Estate
- Location
- California, United States
- Transaction Type
- Buyout
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