Dono Closes $3.7 Million in Funding Round
July 11, 2024
Dono, an AI-powered homeownership verification platform, secured $3.7 million in funding.
The funding round was led by lool Ventures, with participation from Boston-based Link Ventures, at inc/, Recursive Ventures and prominent founders from Lemonade, Melio, Empathy and other angel investors.
Dono reported its platform enables stakeholders like title professionals, investors, developers and builders to instantly verify property titles and interact with relevant documentation. The platform integrates large language models, advanced data retrieval and modern machine learning capabilities to help users interact with data packages and clarify property statuses and legal standings. According to Dono, the AI-powered title assistant is designed to complement, not replace, title professionals by speeding up preliminary checks, improving title examination processes and enabling self-service title capabilities.
Dono retrieves and processes public records related to individuals and properties from a variety of sources. By employing multiple large language models (LLMs), Dono said it extracts and indexes this data, which includes hundreds of document formats and thousands of unique data points.
Founded in 2023 by Tali Gross (CEO), Ron Likvornik (CTO) and Eyal Stern (COO), Dono is composed of 14 team members including title industry veterans Kevin Beach, Tim Padgett and Dave Daley.
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