Fifth Wall Ventures announces new $500M proptech fund

The venture capital firm built a 'consortium' of 48 limited partners to provide guidance and give startups access to more companies

Fifth Wall Ventures announced Wednesday it successfully hit its $500 million goal for a second proptech fund. The Opendoor- and Blend-backer now has 48 global limited partners across a number of proptech subsectors, giving startups access to some of the industry’s top builders and management companies.