FIFTH WALL ASSET MANAGEMENT, LLC
FIFTH WALL ASSET MANAGEMENT, LLC is a Seed, Series A, Series B and Series C+ fund in the US writing $2M–$50M checks into Climate, Enterprise, construction and proptech.
- Stages
- Seed, Series A, Series B, Series C+
- Sectors
- Climate, Enterprise, construction, proptech
- Check size
- $2M–$50M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2016
- Assets under management
- $3.0B-$3.2B
Thesis
Fifth Wall Asset Management, LLC is a venture capital firm founded in 2016, specializing in technology for the built environment (PropTech) and climate technology. Their investment thesis focuses on companies that enhance the efficiency, resilience, and sustainability of real estate and related sectors. Fifth Wall invests across Seed/Series A to growth equity stages, with check sizes ranging from $2M-$15M for early-stage investments and $5M-$50M for later-stage or follow-on rounds. They often lead or co-lead deals. Their focus sectors include Climate & Energy (building decarbonization, renewables, circular economy), Construction & Infrastructure (software, robotics, modular building), PropTech, and Real Estate-Adjacent Enterprise Software. They explicitly avoid speculative technologies without a real estate focus or pre-revenue ventures lacking domain expertise. As of early 2026, Fifth Wall manages approximately $3.0 to $3.2 billion in capital. The firm has offices in New York and Santa Monica, with its headquarters in Los Angeles, California.
Common questions
Does FIFTH WALL ASSET MANAGEMENT, LLC invest at the Seed stage?
Yes. FIFTH WALL ASSET MANAGEMENT, LLC lists Seed, Series A, Series B and Series C+ among the stages it invests in.
What check size does FIFTH WALL ASSET MANAGEMENT, LLC write?
FIFTH WALL ASSET MANAGEMENT, LLC writes $2M–$50M checks.
Where does FIFTH WALL ASSET MANAGEMENT, LLC invest?
FIFTH WALL ASSET MANAGEMENT, LLC invests in the US.