Weekly Radar #379: $6.4M in discount capital, Radish Oakland commune up for sale, Proptech Index increase of 0.37%
In this Weekly Radar, we cover:
- Discount player Ridley raised $6.4 million with Fifth Wall leading the round.
- Radish, a 6-building, 10-home compound in the Temescal/Longfellow neighborhood in Oakland, is for sale. It’s an intentional community that houses 20 adults and 8 kids (all born at Radish).
- The GEM Proptech Index increased 0.37% from the previous week.
Geek Estate’s Proptech Getaway, an intimate (founders and C-suite) retreat for the brightest minds in proptech, is back for the 3rd year running…taking place in beautiful Central Oregon at Juniper Preserve April 28-30th, 2026. An exclusive gathering for GEM members. Are you coming?
New GEM Members
- Brett Helberg from Premarket
- Nikki Merkerson from Pairgap
- Leah Sakas from Oyster Data
- Brett Humphrey from Joynt
Latest from Geek Estate Blog:
Merrick Lackner
Geek Estate Team
Drew Meyers
Geek Estate Team
As always, links surrounded by the ❇️ emoji indicate exclusive GEM content. If you would like to have access to all links or attend our curated gatherings, please consider GEM membership.
Transmission Recap:
Last week, Drew Meyers announced GEM Ventures, a highly curated angel group built around shared conviction looking for an early stage company to back in Q1 or Q2 (stay tuned for public details). Before that, we dropped the final piece of the Q3 2025 Proptech Earnings Radar.
BIZ INTEL
PROPTECH INDEX WEEKLY - AS OF 12/5/2025
By: Community Relations
Consisting of 25 stocks, the GEM Proptech Index had a combined market cap of $272.001B, an increase of .37% from the previous week.
GEM MEMBER NEWS
- Rental Beast partnered with Regional Multiple Listing Service (RMLS in Portland) to bring Rental Beast Pro to all RMLS subscribers at no additional cost. — Ishay Grinberg and Josh Tayloe
- ENRG.realty introduced The Lab, a podcast exploring how they are building The Brokerage Of The Future. — Rivers Pearce
- Evocalize integrated Google Performance Max programs into its platform. — Matthew Marx
- PermitFlow raised a $54 million Series B led by Accel. — Francis Thumpasery
- Solid Earth partnered with Heartland MLS to deliver SSO and agent dashboards this spring. — Eric Stegemann
- Andrew Wild was a guest on Real Estate Insiders Unfiltered: Listen.
- Stackpoint hired Rebecca Larson at Head of Talent Acquisition. — Chris Kelly, Matt Zisow, and Adam Pase
- Ground Squirrel Ventures made a major investment in the Ownify Home Fund. — Frank Rohde
REAL ESTATE
$6.4M FOR A DISCOUNT PLAY
By: Drew Meyers
❇️One of the plethora of discount models❇️ to sprout over the last few years, Ridley raised a $6.4 million seed round, led by Fifth Wall with participation from 1984 Ventures, 1Sharpe Ventures, Moxxie Ventures, Aglae Ventures, Park Rangers Capital, according to a press release. The capital will be used to “accelerate [Ridley’s] mission to rebuild the real estate industry around consumers – expanding its proprietary AI capabilities for home sellers and launching a new suite of buyer-focused tools.”
I watched Mike Chamber’s interview with Dan Wenhold at Fifth Wall, and read his interview with Craig Rowe on Inman. There are components of Final Offer, Desk, and Unlisted in Mike’s responses. In fact, you could say…the vision is not that different than ❇️Zillow’s super app strategy❇️.
In the interview with Rowe, Chambers mentioned a couple of things I wanted to comment on…