Fifth Wall Asset Management, LLC logo

Fifth Wall Asset Management, LLC

Multi-stage venture firmSEC venture capital fund adviser· Santa Monica, CaliforniaFIFTHWALL.COM

The largest asset manager investing at the intersection of real estate and technology.

In the firm's own words, from its website.

Reported fund assets
$1.8B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
2
Investment team
6
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

7 additional team members, 21 additional investments, funds and LPs, 26 events, 18 verified contacts (14 professional url, 3 published business email, 1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 2 companies
    new in 12 months

    2 new companies in the last 12 months. Took 2 board seats on new Form D filings in 90 days (Mojave Energy Systems, Neighbor Storage).

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 2 companies
    portfolio raising

    2 portfolio companies have new financing on record in 6 months without this firm named on the round; the latest on 7 Jul 2026 ($52.7K sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →

People to know

View all people

Relationship network

36 connected entities

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Fifth Wall Asset Management, LLC: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Fifth Wall Asset Management, LLC

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

2 companies on record, 2 new in 12 months

Investments on record

2 companies, 2 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Mojave Energy Systems, Inc.board seatunknown · boardAnastasia Istratova (strongly supported)unknownunknownSep 23, 2026Inference Form D
Neighbor Storage, Inc.board seatunknown · boardDan Wenhold (strongly supported)unknownunknownJul 8, 2026Inference Form D

Stated thesis versus observed behaviour

2 observed deals
Stated (the firm’s website)
Sectors
ai, fintech, energy, hardware, robotics, space, proptech, media
Stages
seed
Geography
global
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
Other Technology 100%
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 2

Team

13 current, 5 departed

Decision makers

who to call first, and why; then everyone else by function
  • Anastasia Istratova · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility; Confirmed current on the firm's own site 2026-10-01
    LinkedIn or profile link on file (firm website, their bio on the firm's website), confirmed 2026-10-01, confidence 90%
  • Dan Wenhold · Partner
    Why this person: Partner: part of the investment decision; Named with investment responsibility; Confirmed current on the firm's own site 2026-10-01
    LinkedIn or profile link on file (firm website, their bio on the firm's website), confirmed 2026-10-01, confidence 90%
  • Brendan Fitzgerald Wallace · Managing Member
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. 2 with a route on file. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

13 current, 5 departed
3 departed (kept with end dates)

Contacts

3 published business email, 1 firm phone, 14 professional url

3 published business email, 1 firm phone, 14 professional url on record, each with its source. Values open with the complete profile.

Funds and LPs

21 vehicles, 0 LPs disclosed

Funds and vehicles

21 reported, 3 no longer reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Fifth Wall Ventures Spv Xxxix, LPSPV or co-invest vehicle2024 adv first reportedEarly deployment$27.1M
Mar 2, 2026
2unknownunknown
Fifth Wall Ventures Spv Xxxviii, LPSPV or co-invest vehicle2024 adv first reportedEarly deployment$12.7M
Mar 2, 2026
2unknownunknown
Fifth Wall W Series Partnership, LPFund2024 adv first reportedEarly deployment$0
Mar 2, 2026
2unknownunknown

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

2 relationships across the firm's funds, from public pensions and the allocator graph
AllocatorTypeFundAmountDateSource
Vinik Family FoundationFOUNDATIONFIFTH WALL EARLY-STATE VENTURES LP at Fifth Wall Asset Management, LLC$60,130
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns
Vinik Family FoundationFOUNDATIONFifth Wall Ventures III, L.P.$240,279
fair value on the foundation's return
reported as of Dec 31, 2024Fact IRS Form 990 / 990-PF e-file returns

Relationships across DFX

0 co-investors · on 1 other DFX graph

Co-investors

0 counted from shared deals, for the whole firm
No co-investor relationship yet: these are derived only from rounds and portfolio listings the graph has seen both investors on.
Across DFX and the capital chainon 1 other DFX graph · 1 capital path Show
Across DFX
Across the graphs

Fifth Wall Asset Management, LLC is the same institution as 1 record in Allocators.

Allocators1

The joined record opens with the product, beside every other relationship on this page.

Checking your plan…

Capital chain

Fifth Wall Asset Management, LLC sits on 1 traced path of capital across the graphs.

Allocator commitments to a manager

DFX traced 1 path of capital through this record

Every record on each path, what it committed or lent, and as of when.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Derived from allocator disclosures, BDC schedules and SEC filings; confidence is the weakest hop.

Checking your plan…

Evidence and history

31 dated events, 62 observations from 4 sources

Timeline

31 dated events
  1. Mar 2, 2026
    Fifth Wall React Fund, L.P. first reported on Form ADV by Fifth Wall Asset Management, LLC (Venture Capital Fund), GAV $109,343,434
    Fund first reported on Form ADVFundsInferenceFifth Wall REACT Fund, L.P.Form ADV
  2. Mar 2, 2026
    Fifth Wall Ventures Spv Xxxv, LP first reported on Form ADV by Fifth Wall Asset Management, LLC (Venture Capital Fund), GAV $31,375,650
    Fund first reported on Form ADVFundsInferenceFifth Wall Ventures Spv Xxxv, LPForm ADV
  3. Mar 2, 2026
    Fifth Wall Discover (early-Stage), LP first reported on Form ADV by Fifth Wall Asset Management, LLC (Venture Capital Fund), GAV $32,828,283
    Fund first reported on Form ADVFundsInferenceFifth Wall Discover (early-Stage), LPForm ADV
  4. Mar 2, 2026
    Oded Cedar (Cco) no longer on Schedule A of Fifth Wall Asset Management, LLC
    Person leftPeopleInferenceOded CedarForm ADV
  5. Mar 2, 2026
    Richard Brad Griewe (Senior Vice President) no longer on Schedule A of Fifth Wall Asset Management, LLC
    Person leftPeopleInferenceRichard Brad GrieweForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 2, 2026 · 20 private fundsShow
Headquarters
Santa Monica, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 2, 2026
Private funds reported
20 (20 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$1.9Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Fifth Wall Asset Management GP LLC (General Partner); Fifth Wall Asset Management LP (Sole Member, Managing Member), owns 75% or more

Classification history

Every classification this record has carried2 on recordShow
  1. Sep 23, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $1.8B
  2. Sep 12, 2026
    Multi-stage venture firm (confirmed, 95%)
    Both early and growth/opportunity families, reported GAV $4.3B

Evidence

71 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 2, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 2, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 22, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 2, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 2, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 22, 2024FactForm ADV
First Form ADV filing2020-09-18Mar 2, 2026FactForm ADV
First Form ADV filing2020-09-18Mar 22, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-02Mar 2, 2026FactForm ADV
Latest Form ADV filing2026-03-02Mar 2, 2026FactForm ADV
Latest Form ADV filing2024-03-22Mar 22, 2024FactForm ADV
SEC statusERA - ActiveMar 2, 2026FactForm ADV
SEC status effective2020-09-18Mar 2, 2026FactForm ADV
Venture share of reported funds1Mar 2, 2026FactForm ADV
Venture share of reported funds1Mar 22, 2024FactForm ADV
Business phoneMar 2, 2026FactForm ADV
Business phoneMar 22, 2024FactForm ADV
Contact page urlSep 30, 2026Fact
Contact page urlSep 16, 2026Fact
DescriptionSep 30, 2026Fact
DescriptionSep 16, 2026Fact
DescriptionSep 13, 2026Fact
HeadquartersSanta Monica, CAMar 2, 2026FactForm ADV
HeadquartersSanta Monica, CAMar 22, 2024FactForm ADV
Office addressMar 2, 2026FactForm ADV
Office addressMar 22, 2024FactForm ADV
Legal formLimited Liability CompanyMar 2, 2026FactForm ADV
Legal formLimited Liability CompanyMar 22, 2024FactForm ADV
Portfolio pageSep 30, 2026Fact
Portfolio pageSep 16, 2026Fact
Portfolio pageSep 13, 2026Fact
Private funds reported20Mar 2, 2026FactForm ADV
Private funds reported20Mar 2, 2026FactForm ADV
Private funds reported18Mar 22, 2024FactForm ADV
Private fund gross assets (reported)$1.9BMar 2, 2026FactForm ADV
Private fund gross assets (reported)$1.9BMar 2, 2026FactForm ADV
Private fund gross assets (reported)$4.3BMar 22, 2024FactForm ADV
Schedule a diffsadiff-1Mar 2, 2026FactForm ADV
Stated geographyglobal
“geography words on the home page”
Sep 30, 2026Fact
Stated geographyglobal
“geography words on the home page”
Sep 16, 2026Fact
Stated geographyglobal
“geography words on the home page”
Sep 13, 2026Fact
Stated sectorsAI, fintech, energy, hardware, robotics, space, proptech, media
“sector words on the home page”
Sep 30, 2026Fact
Stated sectorsAI, fintech, energy, hardware, robotics, space, proptech, media
“sector words on the home page”
Sep 16, 2026Fact
Stated sectorsAI, fintech, energy, hardware, robotics, space, proptech, media
“sector words on the home page”
Sep 13, 2026Fact
Stated stagesseed
“stage words on the home page”
Sep 30, 2026Fact
Stated stagesseed
“stage words on the home page”
Sep 16, 2026Fact
Stated stagesseed
“stage words on the home page”
Sep 13, 2026Fact
Team pageSep 30, 2026Fact
Team pageSep 16, 2026Fact
Team pageSep 13, 2026Fact
Venture funds reported20Mar 2, 2026FactForm ADV
Venture funds reported20Mar 2, 2026FactForm ADV
Venture funds reported18Mar 22, 2024FactForm ADV
WebsiteMar 22, 2024FactForm ADV
Site titleSep 30, 2026Fact
Site titleSep 16, 2026Fact
Site titleSep 13, 2026Fact
How this is scored
Scores, classification basis and filing advisersMulti-stage venture firm, confirmed · 2 filing advisers share this firmShow
Importance
45
elevated
Active deployment
33
moderate
Emerging
0
low
Freshness
100
high
Multi-stage venture firmSEC exempt reporting adviser

Both early and growth/opportunity families, reported GAV $1.8B

This firm files as 2 advisers on fifthwall.com: Fifth Wall Ventures Management, LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.68 · funds: 1 · people: 0.28 · investments: 0.11 · co investors: 0
active deployment
investments 12m: 0.25 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-23
emerging manager
fund count: 24 · reported gav: $1.8B · first adv filing: 2020-09-18 · years since first filing: 6

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Fits

11 scored matches, best firstas of
  • score 48.9confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 48.9confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio
  • score 48.9confidence 100%
    Why: sector fit; geography fit; activity; analogous
    Watch: adjacent portfolio

+8 more scored matches

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Scored by DFX match engines from the record's observed portfolio, stage, geography and recent activity. A fit is a reason to look, not a mandate; the blockers say what the model could not confirm. Names and the evidence sentences show with the names on this page.

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2020-09-18source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.