Fifth Wall

Founded by Brendan Wallace, Fifth Wall is the largest investment firm focused on technology for the built environment. The Firm is driving the growth of nearly 170 companies, backing category-defining PropTech leaders such as Opendoor, Procore, Blend, Hippo, and Bilt Rewards. It's supported by nearly 115 of the world's largest real estate owner-ope

Portfolio
5 companies
Tracked Valuation
$12B
Companies Valued
4 of 5
Location
Santa Monica, California, United States
Founded
2016
Team size
75

Investment focus

Fifth Wall's portfolio on More Capital spans clean energy & climate, transportation & logistics, real estate & proptech. The firm is based in Santa Monica, California, United States. Of the 5 portfolio companies tracked here, 4 have publicly reported valuations totaling approximately $12B.

If your company is backed by Fifth Wall

Employees at companies backed by Fifth Wall may encounter this fund's name on their cap table, in board communications, or in funding announcements. Understanding who invests in your employer can provide useful context when evaluating your equity.

What this means for your stock

Institutional investors like Fifth Wall typically hold preferred shares with rights that differ from the common stock or options held by employees. In a liquidity event, preferred shareholders may have liquidation preferences, anti-dilution protections, or board-level governance rights that affect the value of common equity. The specific terms depend on each company's funding agreements.

Secondary market considerations

Some venture-backed companies allow employees to sell shares on secondary markets, while others restrict transfers. Whether your company permits secondary sales, and under what conditions, is typically governed by the company's equity plan and any applicable right-of-first-refusal provisions — not by the fund itself. However, the presence of institutional investors can sometimes signal the maturity and governance structure of the company.

Work at a Fifth Wall-backed company?

Get personalized guidance on your equity — including valuation context, exercise planning, and liquidity options for employees at Fifth Wall portfolio companies.

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Fifth Wall portfolio companies

5 companies tracked on More Capital, sorted by reported valuation. 1 companies do not have a publicly reported valuation.

Top holdings by valuation

By sector

Clean Energy & Climate (3)

Real Estate & PropTech (1)

Transportation & Logistics (1)

Industries invested in

Frequent co-investors

Funds that most frequently co-invest alongside Fifth Wall in the same companies.

Last verified: 2026-05-28

Portfolio data compiled from public filings, press releases, and industry databases. Valuations are reported figures and may not reflect current market conditions. Not investment advice. Consult a qualified advisor before making financial decisions.