Fifth Wall Ventures to pour $212M into real estate tech

U.S. real estate is a deeply entrenched industry, and without support from its fortified incumbents, it can be difficult for startups to gain traction in the sector. Fifth Wall Ventures, a venture-capital firm founded by two industry vets, has tailored its investment strategy around this reality. It’s raised $212 million from industry giants to back startups with products that its investors can use to grow their businesses.