Dono raises $3.7 million in a seed funding round led by lool Ventures to develop AI-powered homeownership verification platform
Jul 09, 2024•over 1 year ago
Amount Raised
$3.7 Million
Round Type
seed
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers