In this Weekly Radar, we cover:

• SERHANT. Technologies raised $45M to develop its AI platform and expand services, though skepticism surrounds its tech-enabled brokerage model and investor appeal.
• Lumen Orbit secured $11M for space-based AI data centers using 24/7 solar power, with strong backing from NFX and other investors.
• The GEM Proptech Index was down 4.46% WoW.

As always, links surrounded by the ❇️ emoji indicate exclusive GEM Diamond content. If you would like to have access to all links, please consider GEM Diamond membership.

Latest from Geek Estate Blog:

2025 REACH Applications Now Open

REACH operates a variety of accelerator programs around the globe, created and operated by Second Century Ventures and backed by NAR. The program offers education, mentorship and exposure for technology companies working to scale their businesses across the U.S. residential and commercial real estate markets…

GeekEstate BlogGeek Estate Team

FUTURESTATE Consumer Proptech Virtual Conference

If you’re looking for a proptech content fix in the slow December month of travel/events, tune in to the FUTURESTATE Consumer Virtual Conference on December 18th. The webinar is being curated by Evan Duby, and will explore how tech startups are build the future of homeownership with…

GeekEstate BlogDrew Meyers

Data-Driven Decision-Making for Property Management Success

Property management has become more complex and competitive than ever, with real estate professionals facing challenges like fluctuating rental markets, rising operational costs and stricter regulatory compliance. To find success in this rapidly evolving industry, property managers must make some crucial decisions—from maintaining high occupancy…

GeekEstate BlogNathan Miller

Scaling Local Campaigns While Maintaining Brand Consistency

[Note from editor: The “Mastermind Showcase” highlights companies and news from members of GEM Diamond. Today’s showcase: Evocalize]A collaborative marketing platform that streamlines local digital marketing for multi-location organizations and their partners, Evocalize serves industries such as real estate, franchises, finance, restaurants, and insurance with…

GeekEstate BlogGeek Estate Team

Transmission Recap:

Previously, we brought you GEM's latest Biz Intel: Proptech Earnings Radar for Q3 2024. Before that, Rivers Pearce argued that the evolution driven by AI from “point and click” to “describe and done” is poised to finally unjam the current residential real estate tech adoption impasse.

BIZ INTEL

PROPTECH INDEX WEEKLY
By: Community Relations

Consisting of 27 stocks, the GEM Proptech Index had a combined market cap of $233.463B, a 4.46% decrease from the previous week.

REAL ESTATE

TECH-ENABLED SERVICES BOOST
By: Drew Meyers

SERHANT. Technologies recently raised $45 million in equity funding led by Camber Creek with participation from Left Lane Capital, according to WAV Group. The capital will be used to "develop SERHANT.’s proprietary AI workflow automation platform, S.MPLE, and to fuel the growth of its brokerage, educational technology (edtech), and content creation services."