WEEKLY RADAR #394: $165M in humanoids, Seattle Symposium with Ben Kinney, Proptech Index down 3% Wow
As we move into the spring season, key industry players are finding new professional homes (see member news below,) with the hopes that growth will follow. That said, growth in the public markets isn't happening, with the proptech weekly index remaining fairly flat with a 3% decrease from last week.
GEM hosted a Happy Hour in Seattle this week, and speaking of Seattle, spots are going quickly for our inaugural GEM Symposium, a half-day event designed for Founders, which includes peer working group sessions and a fireside chat with co-founder of PLACE Ben Kinney. The event will take place at Hotel Andra Seattle on Thursday, April 16 and is limited to 25 attendees. Happy to announce we are on a waitlist for PropTech Getaway in Bend at the end of April.
GEM is everywhere … How are you showing up?
- Jesse Wright
NEW MEMBERS
- Tyler Nix of RentalWriteoff
MEMBER NEWS
- Maverick Systems underwent a brand refresh. — Diana Zaya
- Lisa Nickerson was featured on "Women to watch in PropTech" with Sarah Baldon: watch/listen here.
- Real Estate business Analytics (REBA) brought KEVIN SHTOFMAN on as COO.
- Applications/nominations for NAR's Innovator of the Year Award are open through May 8th. Apply Now. — Dan Weisman & Sharon Love-Bates
- SourceRE introduced Data Dye, a tracking system that gives MLSs and data providers continuous visibility into the distribution and use of their data. — Joe Schneider
- API Nation brought on Madeline Hammer as the Director of Channel Sales. — Michael Davidovich.
- Jeff Corbett joined Maverix as an Executive Advisor of Growth and Strategy. – Jeff Kennedy
- Blueprint and Lab Ventures founder Tigre Wenrich was featured on AEC Tech Journeys with Mayur Mistry. Watch here.
- Incentifind appointed Jonathan Kanerek as CEO — Natalie Campos Goodman
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:
This week, Drew Meyers explores ❇️Travis Kalanick's mission to roboticize the physical world that goes with a worldview where hardware is the new software, and atoms are the new bits❇️. Prior, we brought you Part 1 and Part 2 of the Proptech Earnings Radar.
In this Weekly Radar, we cover:
- Sunday, a company building autonomous humanoid robots to help around the house, raised a $165 million Series B.
- The GEM Proptech Index decreased 3% from the previous week.
BIZ INTEL
PROPTECH INDEX WEEKLY - AS OF 3/27/2026
Consisting of 25 stocks, the GEM Proptech Index had a combined market cap of $215.409B, a decrease of 3.86% from the previous week.

ARTIFICIAL INTELLIGENCE
$165 MILLION OF HUMANOIDS
By: Drew Meyers
Sunday announced a $165 million Series B at a $1.15 billion valuation, led by Coutue. The company is building autonomous humanoid robots to help around the house. Skills currently include picking up dishes and loading them up in a dishwasher, preparing coffee, and laundry. Its Memo robots are being trained by Skill Capture Gloves shipped to 2,000 memory developers.
Sunday's FAQ says the cost is $20,000 to build a single robot, but the price will come down with scale and manufacturing advances. I'm not ready to fork over $20k, but it wouldn't surprise me of Memo is the home manager of the future. I suspect cash-flowing vacation rentals will be among the first properties to be outfitted with Memo bots—with a company like Wander deploying them across a broad portfolio.