Venture capital firm
Fifth Wall portfolio
fifthwall.comFifth Wall is a venture capital firm based in New York, United States, founded in 2016. It has invested in 103 venture-backed companies across 130 funding rounds on VCMC, and led 39 of those rounds. 6 of them were in the last 12 months.
103
Venture-backed companies
in its portfolio on VCMC
130
Funding rounds
led 39
6
Last 12 months
rounds, Oct 2025 to Sep 2026
32
With a disclosed valuation
of 103 companies
$56.9B
Combined value of its private companies
the whole companies, not what Fifth Wall owns
97 private companies Fifth Wall has backed have a VCMC valuation; together they are worth $56.9B. That is the value of the whole companies, not what Fifth Wall owns. Bilt Rewards is 23% of the total. 6 companies it backed have since been acquired and are not included. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Fifth Wall's most valuable portfolio companies
The 10 most valuable private companies Fifth Wall has backed, by VCMC's valuation. Values cover private companies only; public companies are not included.
- 1 Bilt Rewards Payment Processing & Point of Sale, New York $13.0B range $9.3B – $14.9B Joined at Growth, 2022
- 2 Spring Health Psychologists & Counseling Services, New York $4.9B range $2.5B – $5.7B Joined at Series A, 2020
- 3 Loggi Shipping Couriers, São Paulo $2.2B range $214M – $2.8B Joined at Growth, 2019
- 4 Electric Supplies & Power Generation, San Francisco $1.9B range $1.1B – $2.9B Joined at Series B, 2023
- 5 Investment Consultants & Financial Advisors, San Francisco $1.6B range $1.0B – $1.8B Joined at Growth, 2023
- 6 Investment Consultants & Financial Advisors, New York $1.5B range $220M – $2.1B Joined at Seed, 2019
- 7 Building Material Manufacturers, Austin $1.4B range $1.2B – $2.1B Joined at Series B, 2021
- 8 Solar Energy Company, Berkeley $1.3B range $758M – $1.9B Led at Growth, 2023
- 9 Clikalia Real Estate - Agents & Managers, Madrid $1.2B range $195M – $5.8B Led at Series B, 2021
- 10 Carbon Health Health Care Services, San Francisco $1.1B range $139M – $2.3B Joined at Growth, 2021
Portfolio
Full Fifth Wall portfolio (103 companies)
103 companies. Load more shows the rest.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ascend Elements Batteries · led at Series C, 2022 | Series D Sep 2023 $460M | $992M | $532M – $3.3B | $608M (-39%) | $486M | 97% | 130 | shrinking | C | |
| 2 | Electric Hydrogen Industrial Machinery & Supplies · led at Series C, 2023 | Debt May 2024 $50M | $470M | $228M – $1.5B | $315M (-33%) | $139M | 92% | 294 | down | C | |
| 3 | Bilt Rewards Payment Processing & Point of Sale · since Growth, 2022 | Growth Equity Jul 2025 $250M | $13.0B | $9.3B – $14.9B | $13.0B (0%) | $1.2B | 0% | 387 | growing | A | |
| 4 | Veev Home Builders & Renovation Contractors · since Series D, 2022 | Series D Mar 2022 $400M | $661M | $83.2M – $1.3B | $608M (-8%) | $146M | 23% | 286 | flat | D | |
| 5 | Carbon Health Health Care Services · since Growth, 2021 | Series D Jan 2023 $100M | $1.1B | $139M – $2.3B | $914M (-14%) | $172M | 22% | 1,078 | flat | D | |
| 6 | Pacaso Real Estate - Agents & Managers · since Series C, 2021 | Growth Equity Oct 2025 $73M | $875M | $512M – $1.3B | $831M (-5%) | $79.9M | 13% | 186 | flat | B | |
| 7 | Aurora Solar Tech Companies · since Series B, 2020 | Series D Feb 2022 $200M | $772M | $306M – $6.0B | $720M (-7%) | $580M | 97% | 299 | down | D | |
| 8 | Clikalia Real Estate - Agents & Managers · led at Series B, 2021 | Series B Dec 2021 $520M | $1.2B | $195M – $5.8B | $1.2B (-4%) | $695M | 58% | 497 | down | D | |
| 9 | Loggi Shipping Couriers · since Growth, 2019 | Growth Equity Mar 2021 $205M | $2.2B | $214M – $2.8B | $2.1B (-2%) | $297M | 7% | 4,360 | flat | D | |
| 10 | Spring Health Psychologists & Counseling Services · since Series A, 2020 | Series E Jul 2024 $100M | $4.9B | $2.5B – $5.7B | $4.9B (-1%) | $541M | 0% | 3,898 | up | B | |
| 11 | Turntide Electric Supplies & Power Generation · since Series B, 2020 | Grant Aug 2026 $23M | $331M | $44.8M – $978M | $304M (-8%) | $70.0M | 40% | 204 | flat | D | |
| 12 | Movers & Heavy Transportation · since Series C, 2017 | Series D Feb 2019 $200M | $494M | $46.0M – $683M | $494M (0%) | $85.8M | 4% | 335 | flat | D | |
| 13 | Dermatology Clinics · since Series B, 2021 | Series C Jun 2022 $56M | $257M | $33.2M – $763M | $229M (-11%) | $65.0M | 31% | 71 | flat | D | |
| 14 | Tech Companies · since Seed, 2021 | Series A Jun 2022 $25M | $133M | $15.1M – $355M | $117M (-12%) | $42.9M | 35% | 69 | flat | D | |
| 15 | Tech Companies · since Seed, 2023 | Series B Jul 2025 $40M | $530M | $299M – $609M | $530M (0%) | $58.3M | 0% | 111 | growing | B | |
| 16 | Tech Companies · led at Series B, 2021 | Series B Oct 2021 $39M | $89.6M | $12.2M – $315M | $86.4M (-4%) | $28.7M | 59% | 44 | flat | D | |
| 17 | Tech Companies · since Series B, 2025 | Series B Jun 2025 $55M | $612M | $261M – $932M | $612M (0%) | $67.3M | 0% | 163 | up | C | |
| 18 | Tech Companies · since Series B, 2019 | Acquisition Jun 2024 | $309M acquired 2024 | $14.5M – $439M | – | – | 0% | – | unknown | D | |
| 19 | Tech Companies · led at Series A, 2018 | Series B Oct 2019 $35M | $81.6M | $13.1M – $226M | $81.4M (0%) | $30.6M | 47% | 89 | flat | D | |
| 20 | Tech Companies · led at Series B, 2021 | Series B Mar 2021 $30M | $237M | $17.5M – $336M | $224M (-5%) | $30.1M | 0% | 161 | up | D | |
| 21 | Construction Services · led at Series A, 2022 | Series A Jul 2022 $38M | $28.1M | $13.5M – $97.6M | $21.6M (-23%) | $40.7M | 97% | 8 | shrinking | C | |
| 22 | Tech Companies · since Series B, 2022 | Series B Jan 2022 $37M | $438M | $30.0M – $667M | $416M (-5%) | $52.7M | 0% | 197 | up | D | |
| 23 | Loans & Financing · led at Series B, 2026 | Series B Mar 2026 $22M | $204M | $103M – $359M | $236M (+16%) | $26.0M | 0% | 107 | flat | C | |
| 24 | Fitness Equipment · since Series A, 2021 | Acquisition Mar 2026 $8.8M | $34.8M acquired 2026 | $21.2M – $91.4M | – | – | 97% | 27 | shrinking | C | |
| 25 | Solar Energy Company · since Series B, 2024 | Series B Jan 2024 $33M | $94.8M | $46.4M – $285M | $51.5M (-46%) | $36.8M | 97% | 148 | shrinking | C | |
| 26 | Software Development Services · since Series A, 2026 | Series A Sep 2026 $24M | $142M | $87.6M – $365M | $240M (+70%) | $33.6M | 0% | 16 | growing | C | |
| 27 | Tech Companies · led at Series A, 2022 | Series A Oct 2022 $15M | $100M | $7.04M – $149M | $91.6M (-9%) | $16.3M | 0% | 26 | flat | D | |
| 28 | Architects & Architectural Services · led at Series A, 2022 | Series A Apr 2022 $15M | $13.8M | $6.51M – $45.8M | $11.9M (-14%) | $21.0M | 97% | 96 | down | C | |
| 29 | Tech Companies · led at Series B, 2023 | Series B Apr 2023 $9.0M | $98.6M | $10.6M – $142M | $90.6M (-8%) | $11.6M | 0% | 68 | flat | D | |
| 30 | Spa & Wellness Centers · led at Series A, 2018 | Series A Nov 2018 $8.0M | $44.3M | $2.53M – $63.4M | $41.4M (-7%) | $9.13M | 0% | 419 | flat | D | |
| 31 | Tech Companies · led at Series A, 2023 | Series A Oct 2023 $10M | $116M | $16.9M – $176M | $110M (-5%) | $16.2M | 0% | 57 | up | D | |
| 32 | Tech Companies · led at Series A, 2022 | Series A Nov 2022 $8.0M | $40.0M | $6.54M – $106M | $33.5M (-16%) | $11.8M | 39% | 31 | up | D | |
| 33 | Tech Companies · since Seed, 2022 | Seed Jun 2022 $4.4M | $66.7M | $11.3M – $101M | $66.7M (0%) | $8.80M | 0% | 112 | growing | D | |
| 34 | Tech Companies · since Series A, 2017 | Series A Dec 2017 $3.8M | $15.4M | $1.21M – $27.5M | $15.3M (0%) | $5.32M | 10% | 167 | flat | D | |
| 35 | Renewable energy companies · since Series A, 2018 | Series A Jul 2018 $3.5M | $2.82M | $1.28M – $7.67M | $2.81M (0%) | $4.90M | 97% | 12 | shrinking | C | |
| 36 | Building Material Manufacturers · since Series B, 2021 | Series D Oct 2026 $200M | $1.4B | $1.2B – $2.1B | $1.8B (+29%) | $200M | 0% | 607 | up | A | |
| 37 | Investment Consultants & Financial Advisors · since Growth, 2023 | Series D Jun 2025 $130M | $1.6B | $1.0B – $1.8B | $1.6B (0%) | $173M | 0% | 1,108 | growing | A | |
| 38 | Tech Companies · since Series C, 2017 | Series F Jun 2021 $200M | $902M | $197M – $3.6B | $799M (-11%) | $374M | 61% | 781 | down | D | |
| 39 | Batteries · led at Series B, 2023 | Series B Feb 2023 $300M | $328M | $156M – $1.7B | $197M (-40%) | $185M | 97% | 182 | down | D | |
| 40 | Loans & Financing · since Series C, 2021 | Series D Jul 2025 $15M | $238M | $104M – $386M | $214M (-10%) | $26.2M | 69% | 202 | down | C | |
| 41 | Other Building Material Retailers · since Series D, 2022 | Series D May 2022 $175M | $491M | $202M – $3.1B | $428M (-13%) | $296M | 97% | 220 | down | D | |
| 42 | Electric Supplies & Power Generation · since Series B, 2023 | Series C Feb 2026 $176M | $1.9B | $1.1B – $2.9B | $2.0B (+4%) | $229M | 14% | 400 | up | B | |
| 43 | Insurance - Agents, Carriers & Brokers · since Seed, 2014 | Acquisition Apr 2023 | $1.4B acquired 2023 | $949M – $2.1B | – | – | 97% | 440 | shrinking | B | |
| 44 | Tech Companies · since Series C, 2021 | Series D Sep 2021 $125M | $967M | $111M – $1.9B | $874M (-10%) | $212M | 22% | 321 | flat | D | |
| 45 | Software Development Services · since Series B, 2019 | Series C Jan 2020 $175M | $962M | $102M – $1.3B | $931M (-3%) | $174M | 0% | 2,204 | up | D | |
| 46 | Tech Companies · since Series B, 2021 | Series D Aug 2024 $75M | $977M | $576M – $1.9B | $636M (-35%) | $242M | 97% | 625 | down | B | |
| 47 | Property Management · led at Series A, 2021 | Series B Jan 2023 $170M | $1.0B | $146M – $2.6B | $847M (-19%) | $218M | 27% | 1,037 | flat | D | |
| 48 | Solar Energy Company · led at Growth, 2023 | Series C Mar 2025 $130M | $1.3B | $758M – $1.9B | $1.3B (0%) | $148M | 0% | 236 | growing | B | |
| 49 | Tech Companies · since Series B, 2018 | Series D Mar 2021 $130M | $627M | $66.1M – $917M | $602M (-4%) | $109M | 13% | 425 | flat | D | |
| 50 | Real Estate Rental · led at Series A, 2022 | Series B May 2025 $64M | $735M | $313M – $1.1B | $735M (0%) | $80.8M | 0% | 215 | up | C |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Fifth Wall invests: stages, industries and countries
Most of its rounds are Series C and later (33%). Its companies span 49 industries, most in Tech Companies, Real Estate - Agents & Managers and Batteries, across 12 countries.
Rounds by stage
- Seed 14
- Series A 37
- Series B 36
- Series C and later 43
Investments by industry
- Tech Companies 31
- Real Estate - Agents & Managers 5
- Batteries 4
- Electric Supplies & Power Generation 3
- Investment Consultants & Financial Advisors 3
- Real Estate Rental 3
- Software Development Services 3
- Building Material Manufacturers 2
Investments by country
- United States 87
- Brazil 3
- Singapore 2
- Spain 2
- United Kingdom 2
- Canada 1
Recent rounds
Fifth Wall's latest investments
Fifth Wall's most recent funding rounds, newest first. 6 rounds in the last 12 months.
- Growth $45M 15 Oct 2026
- Seed $10M 25 Sep 2026
- Series B $19M 23 Sep 2026
- Series A $24M 17 Sep 2026
- Series C $95M 30 Jun 2026
- Series B, led $22M 3 Mar 2026
- Seed, led $6.4M 3 Dec 2025
- Series D $130M 16 Jun 2025
- Series B $55M 9 Jun 2025
- Series B, led $64M 28 May 2025
Co-investors
Fifth Wall's top co-investors
The investors that most often join the same rounds as Fifth Wall. Andreessen Horowitz leads, with 12 rounds together.
- Andreessen Horowitz 12 rounds together
- FJ Labs 8 rounds together
- Khosla Ventures 8 rounds together
- Founders Fund 7 rounds together
- SoftBank Vision Fund 7 rounds together
- Breakthrough Energy 7 rounds together
- Gaingels 7 rounds together
- Bessemer Venture Partners 7 rounds together
- Sequoia Capital 6 rounds together
- 6 rounds together
About
About Fifth Wall
Fifth Wall Ventures Management, LLC is an American venture capital firm engaged in the intersection of real estate and technology. The company manages a portfolio of startups and collaborates with real estate owners and investors internationally, focusing on technologies that make buildings smarter, safer, and more energy-efficient. Fifth Wall also operates as a certified B Corporation and is expanding its capabilities through Fifth Wall Securities.
Description from Veridion's company data.
- Founded
- 2016
- Based in
- New York, United States
- Team
- 82 people, -7% in a year
- Type
- Venture capital firm
Focus markets
- Real Estate
- Technology
What Fifth Wall offers
- Venture Capital Investment and Management
- Real Estate Technology Startup Development
- Real Estate Technology Platform Development
- Building Smartification Solutions
- Building Safety Enhancement Solutions
- Building Energy Efficiency Solutions
- Real Estate Technology Platform Integration
- Strategic Partnership Development
Questions
Fifth Wall: frequently asked questions
How many companies has Fifth Wall invested in?
103 venture-backed companies on VCMC, across 130 funding rounds.
What are Fifth Wall's most valuable private companies?
Bilt Rewards ($13.0B), Spring Health ($4.9B), Loggi ($2.2B), by VCMC's valuation.
What was Fifth Wall's latest investment?
Holyvolt, a Growth round in Oct 2026 of $45M.
Which stages does Fifth Wall invest in?
Fifth Wall invests most often at Series C and later (43 rounds), followed by Series A (37) and Series B (36). It has also joined 14 seed rounds.
What is Fifth Wall's portfolio worth?
Its private companies with a VCMC valuation are worth $56.9B together. That is the sum of the companies' values, not what Fifth Wall owns.
Who does Fifth Wall invest alongside?
Andreessen Horowitz (12 rounds), FJ Labs (8 rounds), Khosla Ventures (8 rounds).