Fifth Wall

Fifth Wall, established in 2016, is a leading global venture capital firm focused on technology for the real estate industry. Based in Venice, California, with an additional office in San Francisco, the company invests in early-stage tech solutions and startups that cater to various real estate sectors, including retail, industrial, hospitality, multi-family, homebuilding, office, and brokerage. Fifth Wall typically invests between $5 million and $25 million per round, connecting its extensive network of strategic limited partners, comprising over 90 global real estate owners and operators, with promising entrepreneurs. As a Certified B Corporation, Fifth Wall is committed to sustainable and responsible business practices.

Kevin Campos

Partner

Cedric Char

Vice President, Climate Technology Investment Team

Mackenzie Chisholm

Vice President, Strategy and Platform

Virginia Drennen

Vice President

Dylan Emmett

Partner

Jeremy Fox

Partner

Anjing Fu

Associate

Ofer Harduf

Partner

Oliver Harrison

Senior Associate

Anastasia Istratova

Vice President, Climate Tech

Fethi Kirdar

Managing Director, Capital Formation Team and Head of Middle East and North Africa

Jeanne Li

Associate, Climate Tech

Sarah Liu

Partner

Julie Lydon

Partner, Communications

Clay Macfarlane

Vice President

Josh Melnyk

Analyst

Alec Morgan

Vice President of Climate Technology Investment Team

Andriy Mykhaylovskyy

Managing Partner and COO

Michael New

Partner, Partner Coverage Team

Miguel Nigorra

Partner and Co-Head of the Europe

Jennifer Place

Principal, Climate Technology Investments

Greg Smithies

Partner, Co-Head of Climate Tech

Peter Spring

Principal, Partner Coverage and Capital Markets Team

Yvonne Voon

Partner

Joe Wang

Principal

Dennis Wei

Vice President

Francesca Whitehead

Vice President of the Investment Team

G. M. Nicholas Vik

VP of Strategy and Operations

Past deals in Commercial Real Estate

ButterflyMX

Private Equity Round in 2025
ButterflyMX, Inc. is a technology company that specializes in cloud-based video intercom systems tailored for the real estate industry. Founded in 2012 and based in New York, the company provides a smart intercom solution that allows users to manage property access through their smartphones. Its system enables users to open doors, issue virtual keys for visitors, and connect with property management and access control systems, all while eliminating traditional wiring and hardware. This innovative approach offers significant cost savings and simplifies installation, making it an attractive option for a wide range of markets, including multifamily residences, commercial office spaces, gated communities, student housing, and senior living facilities. ButterflyMX aims to enhance security and convenience for tenants and property managers alike by streamlining property access management.

Banner

Series A in 2023
Banner offers an integrated operating system tailored for commercial real estate (CRE) owners, streamlining project management and enhancing operational efficiency. By consolidating communications, workflows, spreadsheets, and file-sharing into a single platform, Banner enables users to automate over 80% of administrative tasks, resulting in significant time and cost savings. The platform also facilitates the entire capital process, including bidding, bid leveling, cost tracking, and reporting, thereby simplifying procurement for property managers and contractors. This comprehensive solution helps ensure that projects are delivered on schedule and within budget, ultimately improving overall project outcomes for clients.

WiredScore

Series B in 2022
WiredScore is the organization that created Wired Certification, an internationally recognized digital connectivity rating system for commercial real estate. This certification assists landlords in designing and marketing buildings with superior digital connectivity, which has become essential for tenants in today's technology-driven economy. The Wired Certification seal signifies that a building has been independently assessed and meets high standards for connectivity infrastructure. Launched in 2013 in partnership with Mayor Bloomberg and the City of New York, WiredScore has certified over 400 million square feet of office space across North America and Europe, including properties owned by leading landlords such as Blackstone, Brookfield, and Hines. More than 4 million tenants in over 1,400 buildings worldwide rely on Wired Certification as the benchmark for optimal office connectivity.

Lessen

Series B in 2021
Lessen is a technology-driven company that provides comprehensive outsourced property services for real estate rental assets, primarily focusing on single-family and multifamily renovations, turnovers, and maintenance. The company's platform facilitates seamless connections between real estate owners and service providers, offering on-demand resources and predictable service costs. Through its proprietary technology suite, Lessen enhances project management by incorporating automation and real-time analytics, thereby modernizing traditional processes in the industry. The company employs professional field project managers who ensure quality service and leverage a network of vetted service professionals across more than 40 markets nationwide. Lessen's approach enables efficient job verification, timely maintenance, and consistent service delivery for property owners and service providers alike.

Convex

Series B in 2021
Convex operates a platform tailored for the commercial services industry, delivering software and data solutions to assist commercial contractors and service businesses. The platform provides comprehensive property and people data, including details such as building square footage, number of stories, permit information, property type, and contact information for companies. By automating data related to properties, businesses, and individuals, Convex enhances efficiency and decision-making for its clients. Additionally, the platform equips users with insights and applications designed to capture higher-margin work and strengthen relationships with senior management, enabling businesses to improve profitability through informed decisions.

Lessen

Series A in 2021
Lessen is a technology-driven company that provides comprehensive outsourced property services for real estate rental assets, primarily focusing on single-family and multifamily renovations, turnovers, and maintenance. The company's platform facilitates seamless connections between real estate owners and service providers, offering on-demand resources and predictable service costs. Through its proprietary technology suite, Lessen enhances project management by incorporating automation and real-time analytics, thereby modernizing traditional processes in the industry. The company employs professional field project managers who ensure quality service and leverage a network of vetted service professionals across more than 40 markets nationwide. Lessen's approach enables efficient job verification, timely maintenance, and consistent service delivery for property owners and service providers alike.

Eden

Series B in 2019
Eden offers a flexible workplace software solution, catering to modern companies by providing on-demand office support for various needs. The company has secured investments from prominent venture capital firms such as Y Combinator, Bessemer Venture Partners, and JLL, reflecting its potential in the market.

Aquicore

Venture Round in 2019
Aquicore, Inc. is a technology company specializing in smart building solutions aimed at enhancing operational efficiency within the commercial real estate sector. Founded in 2011 and based in Washington, D.C., Aquicore offers a cloud-based platform that integrates energy management and building connectivity. This platform utilizes advanced analytics and artificial intelligence to collect and analyze building data, enabling property and engineering teams to optimize operations. Aquicore's services include consolidating utility accounts for effective budget management, automating billing processes, and providing actionable insights to improve energy performance. Additionally, the company's focus on environmental, social, and governance (ESG) metrics allows businesses to track and report on sustainability goals while identifying areas for energy reduction and cost savings. Through these solutions, Aquicore supports organizations in their efforts to enhance building performance and achieve decarbonization objectives.

VTS

Series D in 2019
VTS is a New York-based real estate CRM software company that specializes in leasing and asset management for commercial real estate professionals. Founded in 2012, VTS provides a centralized platform that enables landlords and brokers to track leases, assets, and tenants efficiently. The platform is designed to streamline workflows and enhance decision-making by offering critical insights through custom alerts and reporting capabilities. By empowering users with an intuitive toolset, VTS aims to optimize performance and revenue, facilitating better attraction, conversion, and retention of valuable assets and tenants. The firm supports a substantial user base managing over 7 billion square feet of real estate and counts several prominent commercial real estate leaders among its clients.

WiredScore

Series A in 2018
WiredScore is the organization that created Wired Certification, an internationally recognized digital connectivity rating system for commercial real estate. This certification assists landlords in designing and marketing buildings with superior digital connectivity, which has become essential for tenants in today's technology-driven economy. The Wired Certification seal signifies that a building has been independently assessed and meets high standards for connectivity infrastructure. Launched in 2013 in partnership with Mayor Bloomberg and the City of New York, WiredScore has certified over 400 million square feet of office space across North America and Europe, including properties owned by leading landlords such as Blackstone, Brookfield, and Hines. More than 4 million tenants in over 1,400 buildings worldwide rely on Wired Certification as the benchmark for optimal office connectivity.

Enertiv

Seed Round in 2018
Enertiv, Inc. is a digital energy company based in New York that specializes in energy efficiency solutions for the real estate sector and related markets. Founded in 2011, the company focuses on optimizing building operations by transforming data into actionable insights. Enertiv's platform collects and analyzes data from various sources, supplemented by IoT devices, to monitor critical equipment, tenant spaces, and indoor environmental conditions. This comprehensive approach allows property owners and operators to identify inefficiencies and reduce waste in their operating expenses. By streamlining operations and enhancing performance, Enertiv empowers its clients to make informed, data-driven decisions that enhance asset value and improve tenant health.

WiredScore

Venture Round in 2017
WiredScore is the organization that created Wired Certification, an internationally recognized digital connectivity rating system for commercial real estate. This certification assists landlords in designing and marketing buildings with superior digital connectivity, which has become essential for tenants in today's technology-driven economy. The Wired Certification seal signifies that a building has been independently assessed and meets high standards for connectivity infrastructure. Launched in 2013 in partnership with Mayor Bloomberg and the City of New York, WiredScore has certified over 400 million square feet of office space across North America and Europe, including properties owned by leading landlords such as Blackstone, Brookfield, and Hines. More than 4 million tenants in over 1,400 buildings worldwide rely on Wired Certification as the benchmark for optimal office connectivity.

Eden

Series A in 2017
Eden offers a flexible workplace software solution, catering to modern companies by providing on-demand office support for various needs. The company has secured investments from prominent venture capital firms such as Y Combinator, Bessemer Venture Partners, and JLL, reflecting its potential in the market.

Enertiv

Seed Round in 2017
Enertiv, Inc. is a digital energy company based in New York that specializes in energy efficiency solutions for the real estate sector and related markets. Founded in 2011, the company focuses on optimizing building operations by transforming data into actionable insights. Enertiv's platform collects and analyzes data from various sources, supplemented by IoT devices, to monitor critical equipment, tenant spaces, and indoor environmental conditions. This comprehensive approach allows property owners and operators to identify inefficiencies and reduce waste in their operating expenses. By streamlining operations and enhancing performance, Enertiv empowers its clients to make informed, data-driven decisions that enhance asset value and improve tenant health.

VTS

Series C in 2016
VTS is a New York-based real estate CRM software company that specializes in leasing and asset management for commercial real estate professionals. Founded in 2012, VTS provides a centralized platform that enables landlords and brokers to track leases, assets, and tenants efficiently. The platform is designed to streamline workflows and enhance decision-making by offering critical insights through custom alerts and reporting capabilities. By empowering users with an intuitive toolset, VTS aims to optimize performance and revenue, facilitating better attraction, conversion, and retention of valuable assets and tenants. The firm supports a substantial user base managing over 7 billion square feet of real estate and counts several prominent commercial real estate leaders among its clients.
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