About
Fifth Wall is the largest venture capital firm focused on technology for the global real estate industry, founded in 2016. The firm operates a distinctive consortium model, partnering with the world's largest real estate owners and operators—including CBRE Group, Cushman & Wakefield, Equity Residential, Prologis, Segro, British Land, and others—to identify and fund proptech and climate technology startups. This partnership approach is central to Fifth Wall's investment thesis: connecting institutional real estate capital and operational expertise with entrepreneurs building solutions across the built world ecosystem. Fifth Wall manages approximately $3.0 billion in commitments and capital under management across multiple funds, including Fifth Wall Ventures II and III, as well as a dedicated Early-Stage Climate Technology Fund. The firm invests across the full spectrum from seed to later stages, with typical seed checks ranging from $500K to $2M, and larger investments in Series A and Series B rounds. The firm's portfolio includes 139 companies across technology, real estate, and climate sectors, with recent data showing 41 Series A investments at an average round size of $24M, 29 Series B investments averaging $73.2M, and 17 seed-stage investments averaging $5.82M. Fifth Wall is a Certified B Corporation and maintains offices in both Los Angeles and New York. The firm's value proposition to portfolio companies includes not only capital but strategic access to its consortium of real estate partners for distribution, pilots, and operational collaboration—a meaningful differentiator in the proptech space. For institutional investors and limited partners, Fifth Wall offers exposure to the real estate technology and climate sectors with deep domain expertise and strong networks across global built world stakeholders.