Eric Elfman previously founded Onit, which focuses on artificial intelligence and workflow automation. Former MoxiWorks CEO York Baur remains on the company’s board of directors.
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Real estate marketing and technology company MoxiWorks announced on Monday that it has hired a new CEO, and current CEO York Bar will remain on the company’s board of directors.
The executive change puts Eric Elfman at the helm of the company. According to Elfman’s LinkedIn page, Elfman joined MoxiWorks from Onit, where he served as co-founder and CEO from 2010 to February this year. A statement from MoxiWorks noted that Onit focuses on “artificial intelligence, workflow automation and enterprise legal solutions,” adding that Elfman grew the company’s revenue from “$0 million to $100 million.”
Elfman said in a statement that he was “honored” to join MoxiWorks.
“While I am new to the real estate industry, I am acutely aware that I am joining MoxiWorks during a time of tremendous change in residential real estate,” Elfman continued. “We are committed to helping our communities successfully navigate these changes by giving them access to the latest technologies to help maximize productivity and success.”
Eflman also said in the statement that MoxiWorks “will soon have a new platform that supports the future combined with the foundational capabilities of the past” and that the industry’s current challenges require “reimagining what brokers and agents really need.”
MoxiWorks provides marketing and technology services to more than 800 brokerages and 400,000 agents, according to a company statement. The company offers a range of services from lead generation and back-office solutions, which its website claims can allow agents to win more lists.
The company also operates a partner network for real estate technology companies, among other things.
Rob Amen, a member of the MoxiWorks board of directors and managing director of VectorCapital, celebrated Elfman’s arrival in a statement Monday, saying he has a “proven track record of driving growth and market share in vertical software businesses.”
Ball also expressed optimism about the leadership changes.
“I am extremely proud of what we have accomplished over the past 12 years, and I know this move will help propel MoxiWorks into its next phase of growth,” Ball said in the statement. “The board and I believe Eric’s His experience and strategic vision make him the right person to advance our innovative product strategy and accelerate growth.”
Email Jim Dalrymple II