About Fifth Wall
Fifth Wall is a venture capital firm founded in 2016. It is primarily based out of New York City, United States. As of Aug 2026, Fifth Wall is an active investor, having invested in 142 companies, with 6 new investments in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Real Estate and Construction Tech. Most recently it participated in the $***** Series B round of Higgsfield Overall, Fifth Wall portfolio has seen 19 unicorns, 7 IPOs and 24 acquisitions including key companies like Opendoor, Lime and ClassPass. A lot of funds co-invest with Fifth Wall, with names like Gaingels sharing a substantial percentage of its portfolio. Fifth Wall has team of 26 people including 16 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 4 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Deals in last 12 months
Fifth Wall's List of Top Investments
Fifth Wall has a portfolio of 142 companies, including 19 unicorns. Their most notable investments are in Mojave and RenoFi.Their portfolio spans across United States, Brazil, Canada and 9 more locations. They have invested in Enterprise Applications, Consumer, Real Estate and Construction Tech and 25 other sectors, across stages such as Series A, Series B and 4 more. Here is the list of top investments by Fifth Wall:
1. Opendoor
Provider of digital platforms for buying and selling residential property. The business facilitates real estate transactions by enabling owners to list properties for sale and providing buyers with direct purchase options. It manages the underlying processes for home exchanges and coordinates with homebuilders to offer inventory to prospective buyers.
Key facts about Opendoor
- Founded Year: 2014
- Location: Tempe (United States)
- Stage: Public
- Total Funding till date: $1.35B
- Employee Count: 1,439 as on Jun 30, 2026
- Investors: Vibhu Venture Partners, Flying Cow Ventures and 74 Others
- Latest Funding Round: Post IPO, Aug 18, 2021, $*****
- Highlight: Public
2. Lime
App-based rental platform providing self-drive electric kick-scooter. The platform enables users to find the nearest available scooter and start the ride by scanning their QR code or access code. Users should provide rider details, payment details, location, and more for book the scooter. It offers features like variant payment options, and more. At the end of the ride, users can park the vehicle at their legal locations. Their mobile app is available for Android and iOS devices
Key facts about Lime
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Public
- Total Funding till date: $1.71B
- Employee Count: 2,726 as on Jun 30, 2026
- Investors: Meritech, Star Tech NG and 98 Others
- Latest Funding Round: Series D, Jul 04, 2022, $*****
- Highlight: Public
3. ClassPass
ClassPass is a membership program for fitness classes across multiple gyms and studios. Members can access multiple varieties of classes and engagement in their fitness regime, all at a fixed price. Participating studios benefit by attracting new students and profitably filling excess capacity in classes. ClassPass has also started corporate membership programs.
Key facts about ClassPass
- Founded Year: 2013
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $550M
- Employee Count: 914 as on Jun 30, 2026
- Investors: eversourcecap.com, Spur Capital and 64 Others
- Latest Funding Round: Series E, Jan 08, 2020, $*****
- Highlight: Acquired

4. Convene
Hospitality-led venue network offering meeting, event, and flexible workspace solutions. It provides meeting rooms, event venues, and flexible office solutions for businesses and professionals. It combines high-end service, modern design, and integrated technology to support corporate meetings, conferences, and workplace needs across major cities worldwide, focusing on seamless guest experience, productivity, and business collaboration.
Key facts about Convene
- Founded Year: 2009
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $266M
- Employee Count: 545 as on Mar 31, 2026
- Investors: ArrowMark Partners, Fifth Wall and 21 Others
- Latest Funding Round: Conventional Debt, Mar 24, 2026, $*****
- Highlight: Acquired

5. Blend
Provider of digital solutions for mortgage, home equity, and consumer lending. The company offers a platform for financial institutions to streamline lending processes. It provides tools for loan origination, verification, and closing. The platform supports deposit accounts and consumer loans. It helps credit unions, banks, and mortgage providers improve customer experience.
Key facts about Blend
- Founded Year: 2012
- Location: San Francisco (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $685M
- Employee Count: 741 as on Jun 30, 2026
- Investors: HTIF, Western Technology Investment and 44 Others
- Latest Funding Round: Post IPO, Apr 29, 2024, $*****
- Highlight: Public
Fifth Wall's Year-on-Year Investment Trends
Fifth Wall has invested in 142 companies over the last 10 years, with an average of 12 new investments annually in the last 10 years. In 2025, it made 5 investments, while as of Aug 2026, it has made 6 investments in this year. Its most recent first time investment was in Higgsfield and most recent follow-on round was in Higharc.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 1 | 6 |
2025 | 1 | 4 | 5 |
2024 | 4 | 9 | 13 |
2023 | 14 | 6 | 20 |
2022 | 37 | 9 | 46 |
2021 | 25 | 11 | 36 |
2020 | 3 | 4 | 7 |
2019 | 6 | 10 | 16 |
2018 | 16 | 4 | 20 |
2017 | 4 | 1 | 5 |
Fifth Wall's Investments by Stage
Fifth Wall has made 41 investments in Series A stage with an average round size of $24M, 31 investments in Series B stage with an average round size of $82.4M and 18 investments in Seed stage with an average round size of $5.77M.Stage of entry | No. of Investments |
|---|---|
Series A | 41 |
Series B | 31 |
Seed | 18 |
Series C | 17 |
Series D | 10 |
Others | 1 |
Note: We have considered here, only first round of investments
Fifth Wall's Investments by Sector
Fifth Wall has a diverse portfolio, with companies operating in the Real Estate and Construction Tech, Enterprise Applications, Consumer, Sustainability Tech and Environment Tech. Notably, it has invested in 129 Tech companies, 96 Enterprise (B2B) companies, 61 Software companies and at least 60 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Real Estate and Construction Tech | 50 |
Enterprise Applications | 45 |
Consumer | 34 |
Sustainability Tech | 31 |
Environment Tech | 27 |
Others | 177 |
Note: We have considered here, only first round of investments
Fifth Wall's Investments by Geography
Fifth Wall has made most investments in United States (98), followed by Brazil where it has made 4 investments.Country | No. of Investments |
|---|---|
United States | 98 |
Brazil | 4 |
Canada | 3 |
Germany | 3 |
Czech Republic | 2 |
Others | 8 |
Note: We have considered here, only first round of investments
Fifth Wall's recent investments
Fifth Wall has made 6 investments in 2026 so far. Higgsfield and Atoms are the latest among them.Here are the most recent investments by Fifth Wall:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 17, 2026 | United States | Series B | 1020 | [+8] | |
Jul 22, 2026 | United States | Series D | 6825 | [+1] | |
Jul 07, 2026 | - | Seed | 3151 | - | |
Jun 30, 2026 | United States | Series C | 6840 | [+11] | |
Mar 03, 2026 | United States | Series B | 4468 |
Unicorns in Fifth Wall's Portfolio
Fifth Wall has 19 unicorns in its portfolio - Higgsfield, Juniper Square, Electric Hydrogen and others. The most recent unicorn in their portfolio is Higgsfield. It became a unicorn in 2025.Here is a list of unicorns in Fifth Wall's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
66 | AI-powered video creation and editing platform | 2023 | San Francisco | Series B | tqcudzm | ||
72 | Platform for real estate investment management | 2014 | San Francisco | Series D | pmsffsh | ||
64 | Manufacturer of advanced electrolyzer systems for clean hydrogen production solutions | 2020 | San Carlos | Series C | qtgltxp | ||
60 | Manufacturer of engineered materials from recycled lithium-ion batteries and battery scrap | 2015 | Westborough | Series D | jseckub | ||
51 | Manufacturer of battery cells, modules, and energy storage systems | 2020 | Novi | Series B | vkeukzr |
IPOs and Publicly Listed companies in Fifth Wall's Portfolio
7 of Fifth Wall's portfolio companies have become public. Lime got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Jul 2026 at marketcap of $1.6B and Allbirds got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ) at marketcap of $2.16B.Here are Fifth Wall's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 01, 2026 | Feb 15, 2018 | Series B | 7487 | |
Nov 03, 2021 | - | - | 5747 | |
Jul 16, 2021 | Mar 27, 2018 | Series D | 6467 | |
Feb 05, 2021 | Mar 11, 2020 | Series C | 9845 | |
Jan 15, 2021 | Jan 22, 2018 | Series B | 2175 |
Acquired companies in Fifth Wall's Portfolio
24 companies from Fifth Wall's portfolio have been acquired. The most recent acquisition was Document Crunch in Apr 2026 by Trimble for $*****.Here are Fifth Wall's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 02, 2026 | Apr 04, 2022 | Seed | 3281 | |
Mar 06, 2026 | Jul 13, 2022 | Series D | 5701 | |
Jan 09, 2026 | Apr 28, 2021 | Series A | 4750 | |
Oct 06, 2025 | - | - | 8002 | |
Jul 15, 2025 | Aug 31, 2022 | Seed | 5628 |
Team profile of Fifth Wall
Fifth Wall has a team of 26 members including 16 Partners and 3 Principals located in United States, United Kingdom and 1 more location. Fifth Wall's team sits on the board of 2 companies.Here is a list of top team members in Fifth Wall:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Incline Village | - | ||
Partner | San Francisco | - | ||
Partner | Los Angeles | - | ||
Partner | London | - | ||
Partner | San Francisco | - | ||
Partner | Abu Dhabi | - | ||
Partner | New York City | - | ||
Partner | Los Angeles | - | ||
Partner | New York City | - | ||
Partner | Los Angeles | - | - | |
Partner | New York City | - |
Co-investors of Fifth Wall
Over the past 10 years, 1227 investors have co-invested in Fifth Wall's portfolio companies. This includes funds and angels.
- Invested before Fifth Wall: Andreessen Horowitz, Founders Fund and 483 others have invested in rounds before Fifth Wall. There are 7 companies where Andreessen Horowitz has invested before Fifth Wall and 5 companies where Founders Fund has invested before Fifth Wall.
- Top Co-investors of Fifth Wall: 417 investors entered a company along with Fifth Wall. These include investors like Gaingels (5 companies).
- Invested after Fifth Wall: A total of 325 investors have invested in Fifth Wall's portfolio after their investments. Top Investors include Tiger Global Management (4 companies), Lennar (3 companies) and Coatue (3 companies).
Recent News related to Fifth Wall
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Higgsfield Raises $400 Million at $5.4 Billion Valuation, Securing Investment from Goldman Sachs and IntelCnyes•Aug 17, 2026•Higgsfield, DST Global, Intel, Goldman Sachs and 8 others
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Goldman Sachs: No Tech Valuation Bubble, But Potential Earnings Bubble ExistsThe Tribune•Aug 16, 2026•Goldman Sachs, Higgsfield, Ntt Docomo Ventures, DST Global and 6 others
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Antares Labs Launches with $7.25M Seed Round to Build AI for Real Estate InstitutionsPR Newswire•Jul 28, 2026•Fifth Wall
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Former Uber CEO Kalanick's Robotics Company Raises $1.7 BillionCfi•Jul 23, 2026•Uber, Fifth Wall, Andreessen Horowitz, Bain Capital and 2 others
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One Raven Raises $5M Seed Round Led by Fifth Wall for Privacy-First Smart Home PlatformPR Newswire•Jul 07, 2026•Fifth Wall
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Higharc Raises $95 Million To Scale AI For HomebuildingPulse 2.0•Jun 30, 2026•Insight Partners, Higharc, Lux Capital, Schneider Electric and 4 others
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Podcast | Are AI Agents RE Agents’ Best Partners? with Breezy CEO James HarrisCommercial Observer•Jun 09, 2026•Ribbit Capital, DST Global, Fifth Wall, Breezy
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NavigateAI Raises $25M to Build AI for Field WorkersVentureburn•May 27, 2026•Helixelectric, Khosla Ventures, Tishman Speyer, Lennar and 3 others
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RenoFi Completes $22M Series B RoundMassinvestor•Mar 04, 2026•RenoFi, Fifth Wall, Progressive Insurance, TruStage and 11 others
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Breezy Raises $10M in Pre-Seed FundingFinSMEs•Feb 02, 2026•O.G. Venture Partners, Fifth Wall, Breezy, Ribbit Capital and 2 others