Fifth Wall’s Brendan Wallace On Why The Best Proptech Bets May Not Look Like Proptech
In a recent interview with Crunchbase News, Brendan Wallace, founder, CEO and chief investment officer of Fifth Wall, discussed the AI shift, why proptech funding totals may overlook some of the sector’s biggest investments, what it all means for founders, and the housing problems he believes still need solving.
Via Crunchbase News
Brendan Wallace has spent much of the past decade investing in technology that impacts how real estate is bought, built and managed. Now, the Fifth Wall co-founder sees AI changing the kinds of companies worth backing and expanding the definition of proptech itself.
Founded in 2016, Los Angeles-based Fifth Wall has grown into one of the largest investment firms focused on real estate technology, with roughly $3 billion in commitments and capital under management. Its portfolio includes Procore, OpenDoor, Blend…
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