Editorial Perspective
Fifth Wall is the 800-pound gorilla of PropTech VC globally—115 corporate LPs including CBRE, Hilton, Marriott, and Hines. Their London office, co-led by Brendan Wallace, runs the European fund. This is not a spray-and-pray seed fund; they write larger cheques into companies that can immediately pilot with their LP base. GTM verdict: if your product has a clear enterprise buyer inside a major RE operator and you can handle a structured pilot process, Fifth Wall offers unmatched distribution. Weak fit for pre-revenue or pre-product—they want demonstrated PMF and a repeatable sales motion before committing.
Investment Profile.
Check Size
£1.0M–£15.0M
Active Fund Vintage
2025
Investment Stages
Seed, Series A
Headquarters
New York, US
Investment Strategy.
The complete funding journey. This firm focuses on stages highlighted below.
Pre-Seed
$10K–$1M
Stage Focus
Proof of concept / Prototype
Growth Elements
- →Hiring
- →Product development
- →Early validation
Seed
$500K–$3M
Stage Focus
Product-market fit
Growth Elements
- →Hiring
- →Product iteration
- →Initial traction
Series A
$5M–$15M
Stage Focus
Revenue growth & scale
Growth Elements
- →Hiring
- →Development
- →Operations
- →Branding & Marketing
Series B
$15M–$50M
Stage Focus
Growth & expansion
Growth Elements
- →Hiring
- →Market expansion
- →M&A exploration
Series C
$50M–$200M+
Stage Focus
Large-scale expansion
Growth Elements
- →International markets
- →Acquisitions
- →Scale operations
Check Size for This Fund
£1.0M–£15.0M
Typical check size across all stages. Size may vary by stage and fund vintage.
Notable Portfolio.
OpenSpace
Briq
Lessen
AltoVita
Recent Activity.
30 total transactions in 2025
REACT Fund closed at $125M (2025)
European Fund at €140M
Investment Team.
Tomas M. Krogh
Fractional Chief Commercial Officer
I specialize in taking founder-led commercial engines apart until only the parts that work are left standing. Before advising, I operated-scaling a business from zero to the FT1000 list three years running and facilitating 10 billion DKK in property transactions. I don't write polite advisory decks; I give you the exact commercial reality check you need before an investment committee does it for you.
Commercial intelligence last verified on 21 April 2026. Public deal activity sourced via Crunchbase/Dealroom.