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Dono raises $3.7 million in a seed funding round led by lool Ventures to develop AI-powered homeownership verification platform

Jul 09, 2024over 1 year ago

Amount Raised

$3.7 Million

Round Type

seed

West Palm BeachMachine LearningArtificial IntelligenceSoftware

Investors

EmpathyMelioLemonadeRecursive VenturesAt.Inc/Link VenturesLool Ventures

Description

Dono, an AI-powered homeownership verification platform, has raised $3.7 million in a seed funding round led by lool Ventures, with participation from Boston-based Link Ventures, at.inc/, Recursive Ventures, founders from Lemonade, Melio, and Empathy, and other angel investors. Dono’s platform aims to help title professionals, investors, developers, and builders verify property titles and interact with relevant documentation by integrating LLMs, data retrieval, and machine learning.

Company Information

Company

Dono

Location

West Palm Beach, Florida, United States

About

Dono, the first AI-powered title production platform, aims to transform the US real estate industry with instant homeownership verification. Dono streamlines data retrieval, extraction, and indexing, featuring the first AI co-pilot for title work.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers