Portfolio success leads Fifth Wall to open new fund

In conjunction with the new fund, which is backed by new limited partners such as Lowe’s, Public Storage, Kite Realty Group and Independence Realty Trust, Fifth Wall’s largest proptech investment went public in December with a $9 billion market capital… Continue reading

Fifth Wall Ventures targets $500M for new real estate tech fund

Fifth Wall Ventures, a venture-capital firm, plans to raise an impressive $500 million for a new fund, the Fifth Wall REACT Fund, according to a new regulatory filing on Wednesday. Continue reading

Group investing solution Fractional raises $15M

Fifth Wall led Fractional’s funding, which brings its total funding to date to $20.55 million. The funds will be used to expand the product, hire and broaden its education initiatives. Continue reading

Proptech investment is way down — but these 4 areas still see demand

AI, green building and energy transition, and property and transaction management solutions are still seen as stable investments by VC firms, recent reports show, despite an overall decline in investments in proptech. Continue reading

Higharc $53M Series B timed with growth in new-home sales

Construction technology company Higharc closed a $53 million Series B round of financing led by Spark Capital and Pillar VC. Continue reading

Could offices hold the key to America’s housing shortage?

Fifth Wall co-founder Brendan Wallace and VTS CEO Nick Romito discussed the bounce between office and remote work and transforming America’s empty offices into extra housing during ICNY. Continue reading

Inman reveals winners of inaugural Best of Proptech awards for 2023

In recognition of the entrepreneurs, venture capitalists and visionaries pushing real estate forward, the “Best of Proptech” honors cap the yearlong expansion of Inman’s awards program. Continue reading

Can VC bring innovation to proptech? ‘We have to’

A panel of venture capital investors at Inman Connect Las Vegas said funding had likely been delivered to new proptechs without enough diligence during the most recent bull cycle in the market. And now is the time to get “more prudent.” Continue reading

Financial services firm Setpoint acquires due diligence startup

Resolute Diligence Solutions specifically focuses on due diligence for single-family rentals and for residential transition loans and will help Setpoint beef up its technology platform. Continue reading

Fifth Wall leads $9M Series B for Vero’s ‘new generation of leasing’

Vero, a RentTech company offering a platform for landlords and tenants, closed on a series B round of funding worth $9 million led by Fifth Wall, according to an announcement shared exclusively with Inman. Continue reading