Fifth Wall Ventures

Home buying, lending and insurance

Blend provides digital lending software that banks, including large US institutions, use to speed up mortgage and consumer loan processing. Doma offers a title and escrow platform built on predictive analytics, and Flyhomes runs a homebuying service with cash offers and a trade-up option. Hippo sells home insurance online, and its portfolio description says a quote can be bought in under a minute, with cover for possessions such as appliances and home offices. Opendoor offers a simple way to buy, sell or trade in a home across a set of US markets.

Building and rebuilding homes

Homebound is a custom homebuilder started after the 2017 California wildfires, and it manages the whole building process, from insurance negotiation and permitting through architecture, construction and move-in. ICON uses proprietary 3D printing robotics, software and materials to build homes. SPAN has reinvented the electrical panel to give homeowners circuit-level control of their energy use. Pacaso offers co-ownership of second homes in fractional shares, with management after purchase and a resale process run with a licensed professional.

Property services and owner networks

Lessen operates a marketplace that connects property owners with vetted professionals for renovation, maintenance, cleaning and turn services, and it runs workflows across the property services lifecycle. Loft, which works in Brazil, lets owners sell an apartment quickly or find a home ready to move into. SmartRent provides a smart home platform for property managers and renters. The firm's investor network includes real estate owners and operators, which the firm describes as its limited partners, and portfolio companies gain a route to those property owners.

Where the portfolio reaches beyond the home

Lessen is based in Scottsdale, Arizona and describes itself as venture-backed and privately held. Doma, formerly known as States Title, is building a title and escrow business in which underwriting, settlement and closing run on technology designed around the lender, agent and customer. The wider portfolio runs from buying and financing to insurance, construction and day-to-day management of property.

Fifth Wall Ventures invests at the point where real estate meets technology. Its site presents it as an asset manager for that niche, with a founder, chief executive and chief investment officer named Brendan Wallace.

Services

• Property technology investment: backs PropTech companies, among them Opendoor, Procore, Blend, Hippo and Bilt Rewards.
• Strategic investor network: Its limited partners include about 115 real estate owner-operators such as CBRE, Hilton, Marriott and Starwood.
• Portfolio support: Companies in its portfolio gain a route to those property owners.

Customers and markets

Technology start-ups serving the built world, and large real estate owners and operators that invest alongside it. The limited partners come from more than 20 countries.

Key facts

• Founder and CEO: Brendan Wallace
• 2025 activity: 30 investments and two exits, according to its own news
• Investor base: Corporate limited partners across more than 20 countries