Jovio

Founded in 2018, Jovio was a venture-backed real estate startup that operated as a tech-enabled brokerage. The company's mission was to make real estate transactions simpler and more cost-effective for consumers by leveraging a proprietary technology platform and employing salaried real estate agents instead of commission-based ones. This model was intended to reduce fees and improve the customer experience. Despite raising significant funding, the company faced financial difficulties and officially shut down its operations in January 2022 after failing to secure a new funding round.