Fifth Wall is a venture capital firm founded in 2016 by Brendan F. Wallace and Brad Greiwe, specializing in real estate technology investments. The firm's name signifies the addition of a "fifth wall" of technology to the traditional four walls of a building, highlighting its focus on integrating innovation into the real estate sector.

Fifth Wall manages the largest fund dedicated to real estate technology, with commitments and capital under management totaling approximately $3 billion. The firm has a global investor base, including many of the world's largest real estate owner-operators across more than 20 countries. Its portfolio comprises over 150 category-leading startups, reflecting its significant impact on the PropTech industry.

Fifth Wall's investment strategy encompasses various areas within real estate technology, including climate technology aimed at decarbonizing the real estate industry, and emerging retail brands. The firm's notable portfolio companies include Blend, ClassPass, Clutter, Doma (formerly States Title), Hippo, Homebound, Industrious, Lime, Opendoor, Procore, SmartRent, and VTS. Additionally, Fifth Wall has invested in consumer brands such as Allbirds, Carbon38, Cotopaxi, Foxtrot, Heyday, Interior Define, Madison Reed, Taft, and Untuckit.

The firm's climate fund has invested in companies like Turntide Technologies, Assembly OSM, Brimstone, Clarity AI, ICON, Sealed, SPAN, and Wildcat Discovery Technologies. Fifth Wall's strategic approach involves collaborating with large real estate incumbents to match their needs with the products and services of its portfolio companies, thereby driving innovation and transformation within the real estate industry.