Startup backed by local VC firm acquired by Texas company

A fintech that traces its roots back to Miami University has been sold to a Texas-based homebuying startup.

Digs, which was founded by two Miami alums and received an investment from the school’s student-led VC fund, has been acquired by Austin-based OJO Labs, an artificial intelligence-powered tech platform that gives users personalized advice for buying and selling homes. Terms of the deal were not disclosed.

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Story excerpt provided by CincyInno.

Written by Katherine Davis and Meg Garner.

Originally published October 19, 2020.