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Brendan Wallace

North America, California, United States, Los Angeles

Description

Brendan Wallace is a prominent figure in the venture capital landscape, best known as the Co-Founder and Managing Partner of Fifth Wall, a leading venture capital firm singularly focused on the real estate technology (PropTech) sector. Founded in 2016, Fifth Wall has carved out a unique niche by bridging the gap between the traditionally slow-moving real estate industry and innovative technology startups. The firm's distinctive model involves raising capital from large, established real estate corporations, which then become strategic limited partners (LPs) and potential customers or partners for Fifth Wall's portfolio companies. This symbiotic relationship provides startups with unparalleled access to industry incumbents, accelerating their growth and market penetration.

Under Wallace's leadership, Fifth Wall has grown into a formidable force, managing over $3.2 billion in capital across various funds. Their investment strategy targets a wide range of PropTech innovations, from smart building technologies and sustainable construction methods to advanced real estate marketplaces and fintech solutions for property transactions. The firm's substantial capital base allows them to make significant investments, typically participating in Series A, B, and later-stage growth rounds. For instance, their largest fund, Fund IV, closed at an impressive $866 million, underscoring their capacity to deploy substantial capital into promising ventures.

Fifth Wall's approach is not merely about capital injection; it's about fostering strategic partnerships that drive tangible value. By leveraging their network of corporate LPs, they facilitate commercial relationships, pilot programs, and potential acquisitions, providing their portfolio companies with a distinct competitive advantage. This model has positioned Brendan Wallace and Fifth Wall as key architects in the transformation of the global real estate industry, championing technologies that enhance efficiency, sustainability, and accessibility within the built environment. Their influence extends across the entire PropTech ecosystem, making them a crucial partner for entrepreneurs seeking to innovate in this space.

Investor Profile

Brendan Wallace has backed more than 67 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 25 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Spain, Brazil.
  • Strong thematic focus on E-Commerce, Internet, Software.
  • Typical check size: $5M – $50M.

Stage Focus

  • Seed (43%)
  • Series A (33%)
  • Series B (9%)
  • Series Unknown (6%)
  • Series C (3%)
  • Angel (3%)
  • Convertible Note (1%)
  • Pre Seed (1%)

Country Focus

  • United States (93%)
  • Spain (4%)
  • Brazil (1%)

Industry Focus

  • E-commerce
  • Internet
  • Software
  • Mobile
  • Fintech
  • Marketplace
  • Financial Services
  • Real Estate
  • Finance
  • Logistics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Brendan Wallace frequently co-invest with?

SC
North America, California, United States, San Francisco
Co-Investments: 5
Peterson Ventures
North America, Utah, United States, Salt Lake City
Co-Investments: 8
Javelin Venture Partners
North America, California, United States, San Francisco
Co-Investments: 6
Brick & Mortar Ventures
North America, California, United States, San Francisco
Co-Investments: 4
Maveron
North America, California, United States, San Francisco
Co-Investments: 4
Otter Rock Capital
North America, California, United States, Los Angeles
Co-Investments: 41
Augusta Investments
North America, California, United States, San Francisco
Co-Investments: 6
GW
North America, California, United States, San Francisco
Co-Investments: 12
StartX (Stanford-StartX Fund)
North America, California, United States, Palo Alto
Co-Investments: 6
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 5

Which angels does Brendan Wallace often collaborate with?

Daniel Curran
North America, California, United States, Santa Monica
Shared Deals: 4
FG
North America, New York, United States, New York
Shared Deals: 2
JM
Europe, Madrid, Spain, Madrid
Shared Deals: 2
AA
North America, California, United States, San Francisco
Shared Deals: 7
PL
North America, Florida, United States, Miami
Shared Deals: 3
PK
North America, Connecticut, United States, Greenwich
Shared Deals: 3
CK
North America, Utah, United States, Salt Lake City
Shared Deals: 2
OJ
Europe, England, United Kingdom, London
Shared Deals: 2
LL
North America, New York, United States, New York
Shared Deals: 3
SP
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by Brendan Wallace?

dot.LA

Beverly Hills, California, United States

Dot.LA is a digital newsroom covering L.A.'s startup and tech community.

Digital EntertainmentMedia and EntertainmentNews
SeedJan 9, 2020
Amount Raised: $4,000,000
Yellow

São Paulo, Sao Paulo, Brazil

Yellow is an online micro-mobility platform that offers bike and e-scooter sharing services.

Last Mile TransportationPublic TransportationRide SharingTransportation
SeedMay 22, 2018
Amount Raised: $3,300,000
Allbirds

San Francisco, California, United States

Allbirds is an apparel and fashion company that specializes in manufacturing eco-friendly wool shoes.

ApparelE-CommerceFashionManufacturingShoes
Series BSep 5, 2017
Amount Raised: $17,500,000
Rinse

San Francisco, California, United States

Rinse provides garment care services. Its services include dry cleaning, launder and press.

Home ServicesInternet
Series BJun 21, 2017
Amount Raised: $14,000,000
Lark

Mountain View, California, United States

Lark is a digital health startup that provides virtual care through AI coaching, smart devices, and tele-monitoring.

Artificial Intelligence (AI)Health CareMedical DeviceSoftwareWellness
Series BFeb 1, 2017
Amount Raised: $21,600,000
Tripping.com

San Francisco, California, United States

Tripping is the world's largest metasearch site for vacation home rentals with more than 10 million rentals on site.

HospitalityRentalTravel
Series CDec 14, 2016
Amount Raised: $35,000,000
Ando

New York, New York, United States

Ando is a restaurant company.

E-CommerceFood and BeverageFood DeliveryRestaurants
Series ANov 1, 2016
Amount Raised: $7,000,000
Vocate

San Francisco, California, United States

Vocate is a company that helps students get into the job market and helps companies find good employees.

EducationHuman ResourcesInternetRecruiting
SeedJun 30, 2016
Amount Raised: $3,000,000
Rinse

San Francisco, California, United States

Rinse provides garment care services. Its services include dry cleaning, launder and press.

Home ServicesInternet
Series AApr 19, 2016
Amount Raised: $6,000,000
Roofstock

Oakland, California, United States

Roofstock is an online marketplace for investing in leased single-family rental homes.

FinTechMarketplacePropTechReal EstateRental Property
Series AMar 3, 2016
Amount Raised: $7,000,000