Wondrous

What Wondrous does

Wondrous Corporation (株式会社ワンダラス) is a Japanese real estate technology company founded on May 30, 2017, and headquartered in Minato-ku, Tokyo. The company operates a multi-product PropTech platform built around three core services: Olivvia, a housing consultation portal that enables Japanese consumers to obtain anonymous, free proposals and Q&A from multiple licensed real estate agents (宅建士) and is positioned as one of Japan's largest housing consultation portals; Olivvia Direct, a next-generation lead-generation cloud service that matches licensed real estate agents with prospective property buyers and sellers, offered at zero monthly fee to qualifying licensed agents; and Olivvia AI, an AI-powered collateral value estimation product that originally targeted financial institutions for mortgage loan screening and was extended in 2020 into a consumer-facing service that forecasts minimum apartment asset values up to 10 years ahead. The company also operates Keibai Mansion.com (競売マンションドットコム), a condominium auction property information platform and paid PRO subscription tier, which was inherited from Euproperty Co., Ltd. at the company's founding via business succession.

Underlying technology centers on machine-learning-based property valuation models applied to structured Japanese real estate transaction data, with two patent applications filed in December 2018 protecting the core Olivvia AI methodology. Distribution is exclusively digital and self-serve, accessible via web browsers across Japan, with no physical retail or field sales presence; the company targets the Kanto region and serves the Japanese market as a whole. Marketing relies on PR Times press releases and earned media placements across DX, IT, real estate, and mortgage-focused publications, rather than paid performance channels.

The business model combines freemium access for licensed real estate agents (Olivvia Direct), recurring subscription revenue from the Keibai Mansion.com PRO tier, and licensing/royalties from Olivvia AI sold to banks and financial institutions on a quote basis. Customer segments span Japanese consumers seeking real estate advice (primary), licensed real estate agents seeking online lead acquisition (primary), and financial institutions seeking AI-assisted mortgage collateral evaluation (secondary). The only known institutional capital is a 2019 seed investment from Mainichi Mirai Souzou Lab, a venture backed by Mainichi Shimbun, Mediado Holdings, and Broadband Tower, with no subsequent priced rounds disclosed.

Name

Wondrous

Legal name

株式会社ワンダラス (WONDROUS CORPORATION)

Website

https://wondrous.co.jp

Company type

Private

Founded year

2017

Operating status

Operating

Short description

Wondrous Corporation is a Japanese PropTech company that operates Olivvia, a consumer housing consultation portal; Olivvia Direct, a free lead-generation platform for licensed real estate agents; and Olivvia AI, an AI-based property valuation service licensed to financial institutions, serving Japanese consumers, real estate agents, and banks.

Ownership category

akta.pro rank

Product category

Real Estate Technology (PropTech)

NAICS

Offices of Real Estate Agents and Brokers (5312), Offices of Real Estate Appraisers (531320)

SIC

Real Estate Agents & Managers (For Others) (6531), Real Estate (6500)

akta.pro primary industry

Automated Valuation Models (AVM) & Property Data/Analytics (FSALALAJ)

akta.pro secondary industry

Home Equity Valuation & Collateral Management (AVM/Appraisal/BPO) (FSALAGAJ)

Keywords

• Real estate technology
• Property valuation AI
• Housing consultation portal
• Lead generation platform
• Mortgage collateral evaluation

Headquarters

HQ city

Minato

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. OLIVVIADIRECT Lead Matching Platform: Connects real estate agents (宅建士) with prospective buyers/sellers of real estate. Revenue likely derived from transaction fees or premium subscription upgrades from the free base tier.
2. OlivviA AI Service (Licensing to Financial Institutions): AI-powered mortgage collateral evaluation product licensed to banks and financial institutions for mortgage underwriting support.
3. 競売マンションドットコムPRO Subscription: Premium PRO plan offering AI prediction results, gap rate aggregation, and past document PDF downloads. Free tier limited to 2 AI prediction views and 1 PDF download per month.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Wondrous operates a suite of Japan-focused real estate technology platforms. Olivvia is a housing consultation portal where individual home buyers and sellers can receive anonymous, free advice and proposals from multiple licensed real estate agents (宅建士). OLIVVIADIRECT is a lead-generation matching platform connecting prospective buyers/sellers with licensed real estate agents, offered free of monthly charge to qualifying licensed agents. OlivviA AI provides AI-driven property collateral valuation forecasting minimum asset values up to 10 years ahead, originally built for banks and financial institutions to support mortgage underwriting. Keibai Mansion.com is a condominium auction property information platform with a PRO premium tier.

Product overview

Wondrous operates a multi-product real estate technology platform centered on two core services: Olivvia (housing consultation portal) and Olivvia Direct (lead generation for agents), supported by Olivvia AI for property valuation. The company previously operated Keibai Mansion.com (auction property platform) acquired from Euproperty, now offered as PRO tier. Olivvia serves home buyers/sellers with anonymous agent consultations, while Olivvia Direct targets licensed real estate agents seeking client leads.

Differentiator

Problem solved

Functional benefit

Brands

• オリビア (Olivvia): 日本最大級の住まい相談ポータル。住環境の売買について複数のエージェントから匿名無料で提案や助言を貰えるスポット公募相談や、エージェントに匿名無料でQ&A相談できるみんなの住まい相談などのサービスを提供。
• オリビアダイレクト (Olivvia Direct)
• オリビアAI (Olivvia AI)
• 競売マンションドットコム (Keibai Mansion)

Products and services

• Olivvia (オリビア) Japan's largest housing consultation portal (B2C) that enables individual Japanese home buyers and sellers to receive anonymous, free proposals and advice from multiple licensed real estate agents (宅建士) on property buying and selling, plus a Q&A consultation service for housing-related questions.
• OLIVVIADIRECT (オリビアダイレクト) Next-generation real estate lead-generation cloud service (B2B) for licensed real estate agents (宅建士) engaged in property buying/selling brokerage. Matches prospective buyers and sellers considering property transactions with agents. Offered free of monthly charge to qualifying licensed agents with brokerage experience, with premium features available as paid upgrades.
• OlivviA AI (オリビアAI) AI-powered property collateral value estimation service. Predicts minimum condominium asset values up to 10 years ahead to support mortgage loan collateral evaluation by financial institutions and consumer real estate decision-making. Two patent applications for the underlying technology were filed in November and December 2018.
• Keibai Mansion.com (競売マンションドットコム) Condominium auction property information platform (B2C) — provides auction property listings and search for mansion/condominium investors in Japan. Responsive web access for mobile use.
• Keibai Mansion.com PRO (競売マンションドットコムPRO) Premium subscription tier for Keibai Mansion.com (B2C) — adds AI prediction result viewing, deviation rate (gap rate) aggregation reports, and access to past 3-document set PDFs for auction property due diligence, beyond the limited free tier.

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability3 records

Feature2 records

Scale indicators2 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• いえらぶ (e-RAKU): いえらぶ provides real estate CRM and digital marketing tools for Japanese real estate agencies, including listing distribution and lead capture. Directly comparable to OLIVVIADIRECT's agent enablement and lead-generation value proposition for 宅建士 and brokerage firms.
• Mitek Systems: Provider of AI-based identity, document verification, and asset intelligence products for financial institutions. Comparable to Olivvia AI's mortgage collateral evaluation use case, serving similar banking and lender compliance customers.
• AtHome: AtHome operates a Japanese real estate listing and information platform serving both consumers and agents. Highly comparable to Wondrous' dual-sided marketplace model, with overlapping coverage of rental, sale, and condominium inventory across Japan.
• HouseCanary: US-based AI residential property valuation and analytics provider. Closely comparable to Olivvia AI's predictive AVM capability for mortgage underwriting and investment decisioning, with a similar B2B motion toward lenders and financial institutions.
• ITANDI (GA Technologies): Proptech subsidiary of GA Technologies providing digital tools, lease management, and agent-support SaaS for Japanese real estate. Closely comparable to OLIVVIADIRECT's agent enablement motion and Wondrous' broader proptech positioning.

Broad incumbents

• SUUMO (Recruit): Japan's largest real estate search and listing portal, operated by Recruit. Operates an adjacent marketplace of consumers, agents, and listings that overlaps with Wondrous' Olivvia and OLIVVIADIRECT, but with a much broader listings-first funnel and significantly larger scale.
• LIFULL HOME'S: LIFULL's flagship real estate portal, one of Japan's top property search sites. Directly comparable to Olivvia as a consumer-facing housing consultation and listing destination, with established agent acquisition channels competing against OLIVVIADIRECT.
• Zillow: US consumer real estate marketplace with Zestimate AVM and Premier Agent lead-generation. Highly comparable to Wondrous' combination of Olivvia, OLIVVIADIRECT, and Olivvia AI, but at vastly larger scale and with broader consumer brand recognition.
• Cotality (formerly CoreLogic): Large property data, analytics, and AVM provider serving mortgage, real estate, and insurance markets globally. Comparable to the institutional data vision of Olivvia AI and offers a benchmark for where Wondrous could grow its B2B licensing business.
• Yango (formerly ENEOS不動産/Yahoo!不動産 alliance): Yahoo!不動産 is one of Japan's leading real estate portals, distributing listings across the Yahoo! Japan ecosystem. Competes with Olivvia for consumer housing consultation traffic and provides a benchmark for portal-led marketplace economics in Japan.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wondrous