FIFTH WALL


Associated tags: CBRE, Starwood Capital Group, Ecosystem, Host Hotels & Resorts, The Related Companies, Toll Brothers, Kimco Realty, Lowe's, Marriott International, Cushman & Wakefield, MGM Resorts International, BNP Paribas Real Estate, Wall, Renewable energy, Entrepreneurship, Lennar Corporation, Carbon, Invitation Homes, LP record

Locations: NORTH AMERICA, NEW YORK, LA, VC, LOS ANGELES, SAN FRANCISCO, SINGAPORE, NEW YORK CITY, LONDON

Fifth Wall Doubles Down On Its Commitment To The Middle East With The Addition Of Investment Veteran

Retrieved on: 
Tuesday, February 14, 2023

The move signifies the Firm's continued, deep commitment to its numerous investors within the Middle East and its recent first investment in the region in Huspy alongside Sequoia Capital.

Key Points: 
  • The move signifies the Firm's continued, deep commitment to its numerous investors within the Middle East and its recent first investment in the region in Huspy alongside Sequoia Capital.
  • "Since our inception, Fifth Wall has long strived to establish a notable presence in the Middle East, given the breadth of the region's investment in the global real estate industry," said Brendan Wallace , Co-Founder and Managing Partner, Fifth Wall.
  • Prior to joining Fifth Wall, Kirdar led Finance and Investments for International Media Investments, an Abu Dhabi-based quasi-sovereign media and tech investment firm.
  • Since Fifth Wall was founded in 2016, PropTech investment across North America has grown at a compound annual growth rate of 43%, while the Middle East has grown at 4%.

Fifth Wall Expands Mandate of Its Climate Business to Include Infrastructure

Retrieved on: 
Thursday, January 19, 2023

NEW YORK, Jan. 19, 2023 /PRNewswire/ -- Fifth Wall—the largest asset manager focused on decarbonizing the real estate industry—has hired Alok Sindher as a Partner to expand the mandate of its Climate business to include infrastructure investing alongside the Firm's leading venture and growth equity business. The Firm also added Heather McGeory as Head of Climate & ESG Partnerships to bolster the Firm's ESG and decarbonization strategies.

Key Points: 
  • NEW YORK, Jan. 19, 2023 /PRNewswire/ -- Fifth Wall —the largest asset manager focused on decarbonizing the real estate industry—has hired Alok Sindher as a Partner to expand the mandate of its Climate business to include infrastructure investing alongside the Firm's leading venture and growth equity business.
  • Thus far, the Firm's climate investment strategy has been primarily focused on taking non-controlling venture and growth equity stakes in promising startups.
  • With the addition of Sindher, Fifth Wall will now be able to invest in renewable energy infrastructure, decarbonization services, and project finance, in addition to debt securities and majority equity stakes in companies.
  • "Fifth Wall has firmly established itself as today's leading venture and growth equity investor in emerging technologies to decarbonize the global real estate industry," said Brendan Wallace , Co-Founder & Managing Partner, Fifth Wall.

Fifth Wall Expands Into APAC With The Addition Of Real Estate Industry Veteran & Opening Of Singapore Office

Retrieved on: 
Thursday, January 12, 2023

Fifth Wall —the 1largest venture capital firm focused on technology for the global real estate industry—including those which decarbonize the sector, today announced its expansion into Asia-Pacific (APAC) with the notable appointment of industry veteran Yvonne Voon as a Partner covering APAC and opening of the firm’s Singapore office, its first in the region.

Key Points: 
  • Fifth Wall —the 1largest venture capital firm focused on technology for the global real estate industry—including those which decarbonize the sector, today announced its expansion into Asia-Pacific (APAC) with the notable appointment of industry veteran Yvonne Voon as a Partner covering APAC and opening of the firm’s Singapore office, its first in the region.
  • Fifth Wall has previously attracted some of the leading APAC investors including CDL , Keppel Land , MITSUBISHI ESTATE CO., LTD , and NZ Super Fund , among others.
  • “As the largest and most active built world technology investor across North America and Europe, Fifth Wall has long had ambitions of expanding into Asia,” said Brendan Wallace , Co-Founder & Managing Partner at Fifth Wall.
  • The PropTech ecosystem in the region is flourishing, garnering increasing interest from North American VCs, with over 1,000 North American VCs active in Asia.

Fifth Wall Closes $866 Million Fund; Unlocking More Than $1 Billion In New Capital For PropTech In 2022

Retrieved on: 
Tuesday, December 13, 2022

This constitutes the firms third fund close in 2022, as the firm also announced its inaugural $500 million Climate Fund in July.

Key Points: 
  • This constitutes the firms third fund close in 2022, as the firm also announced its inaugural $500 million Climate Fund in July.
  • When we started Fifth Wall in 2016, PropTech was not yet a term.
  • When Fifth Wall was founded in 2016, PropTech was an emerging category of venture with $4 billion of capital activity.
  • About Fifth Wall: Founded in 2016, Fifth Wall, a Certified B Corporation, is the largest venture capital firm focused on technology for the global real estate industry.

AltoVita Secures $9.5M Series A Investment to Redefine Corporate Accommodation Technology Across the Globe

Retrieved on: 
Monday, December 5, 2022

AltoVita has secured investment in a market which has seen less than 2% VC funding in 2022 going to businesses led by women.

Key Points: 
  • AltoVita has secured investment in a market which has seen less than 2% VC funding in 2022 going to businesses led by women.
  • Vivi Cahyadi Himmel, CEO and co-founder at AltoVita, commented: AltoVita is setting a new standard with a fresh, modern and agile approach when it comes to corporate accommodation technology.
  • The partnership with Fifth Wall will unlock immense real estate opportunities to provide unique inventories to meet our corporate demand globally.
  • Our recent investment will give AltoVita the firepower to scale its vision into new markets, and continue to develop its seamless solution for the fragmented corporate accommodation sector.

Aescape Announces $30M Series A to Transform the Massage Therapy Experience

Retrieved on: 
Wednesday, November 16, 2022

With this Series A funding, the company will enhance its AI-powered technology and bring The Aescape Experience to the U.S. market in 2023.

Key Points: 
  • With this Series A funding, the company will enhance its AI-powered technology and bring The Aescape Experience to the U.S. market in 2023.
  • After a seismic shift in the industry, the company created The Aescape Experience to help fill the widening labor shortage and booming demand for massage therapy.
  • Upon launch, The Aescape Experience is anticipated to transform the massage experience for hospitality, wellness and fitness industries, in addition to providing intuitive solutions and services for the $17.6B US massage therapy industry .
  • We're grateful to our investors for believing in our dream, and we look forward to launching The Aescape Experience in 2023.

RoadRunner Secures $20M Series D Extension from Fifth Wall to Accelerate Sustainable Waste Management for Real Estate

Retrieved on: 
Tuesday, November 15, 2022

PITTSBURGH, Nov. 15, 2022 /PRNewswire/ -- RoadRunner Recycling, a leader in comprehensive sustainable waste management, today announced the close of $20 million in a Series D extension round led by Fifth Wall. The financing will support continued growth of RoadRunner's core business, expanding its enterprise offering, and doubling down on its investment in technology.

Key Points: 
  • In January 2022, RoadRunner closed a $70 million Series D round and in October acquired Compology , theworld's largest waste and recycling smart metering technology company.
  • This has positioned RoadRunner as the most advanced, comprehensive, and sustainable waste management solution for businesses and governments looking to seamlessly increase recycling rates, reduce costs, and accurately report on environmental impact.
  • Nearly 40% of global carbon dioxide emissions come from the real estate sector, and with emissions reductions a critical component of global climate goals, significant changes within the real estate sector are essential.
  • Founded in 2016, Fifth Wall, a Certified B Corporation, is the largest venture capital firm focused on technology for the global real estate industry.

Runwise Raises $19M in Series A funding Led by Fifth Wall

Retrieved on: 
Thursday, November 3, 2022

Were thrilled to support Runwise and its goal of reducing carbon emissions produced by outdated building technology, said Greg Smithies , Partner & Co-Head of Climate Tech at Fifth Wall.

Key Points: 
  • Were thrilled to support Runwise and its goal of reducing carbon emissions produced by outdated building technology, said Greg Smithies , Partner & Co-Head of Climate Tech at Fifth Wall.
  • About Runwise: Runwise , formerly known as Heat Watch, is one of the nation's leading building control services.
  • About Fifth Wall: Founded in 2016, Fifth Wall, a Certified B Corporation, is the largest venture capital firm focused on technology for the global real estate industry.
  • For more information about Fifth Wall, its limited partners and portfolio, visit www.fifthwall.com .

EY US to lead the charge toward a climate-positive future for real estate

Retrieved on: 
Monday, October 10, 2022

NEW YORK, Oct. 10, 2022 /PRNewswire/ -- Ernst & Young LLP (EY US) today announced its collaboration with Fifth Wall, a venture capital firm focused on technology for the global real estate industry, to increase awareness and mitigation of real estate's impact on climate change with a suite of interactive tools to further companies' understanding of their carbon footprint and reduce their emissions. As a leading contributor to climate change, the real estate industry must play a major role in decreasing our planet's carbon footprint.

Key Points: 
  • As a leading contributor to climate change, the real estate industry must play a major role in decreasing our planet's carbon footprint.
  • In response, EY US and Fifth Wall teamed up to develop an interactive website, A Climate-Positive Future for Real Estate, to help companies across the US manage and reduce their carbon footprints.
  • "Our goal is to help companies create their own sustainable future," said Mark Grinis, EY Americas Real Estate, Hospitality & Construction Leader.
  • Founded in 2016, Fifth Wall, a Certified B Corporation, is the largest venture capital firm focused on technology for the global real estate industry.

Loop Global Inc. Secures $60 Million to Redefine EV Charging Infrastructure

Retrieved on: 
Tuesday, October 4, 2022

Loop Global Inc ., an electric vehicle (EV) charging infrastructure company that provides property owners a turnkey, profitable solution for deploying EV charging networks, today announced the completion of a $40 million Series A-1 funding round.

Key Points: 
  • Loop Global Inc ., an electric vehicle (EV) charging infrastructure company that provides property owners a turnkey, profitable solution for deploying EV charging networks, today announced the completion of a $40 million Series A-1 funding round.
  • At Loop, we believe the transition to clean electric vehicles will only move as quickly as the EV charging infrastructure that is there to support it, said Dustin Cavanaugh, Co-Founder and CEO of Loop.
  • Loop is streamlining this transition by making next generation EV charging infrastructure solutions for property owners that are uniquely affordable and provide the lowest total cost of ownership on the market.
  • Loop has the vision of making EV charging affordable and accessible to the world by empowering property owners with turnkey solutions to create passive and profitable charging networks that prioritize convenience for EV drivers.