Brendan F. Wallace
Birth nameBrendan Fitzgerald Wallace
Birth dateSeptember 10, 1983 (age 43)
Birth placeNew York City, New York, U.S.
Alma materStanford Graduate School of Business Princeton University
OccupationBusinessperson
Years active2010–present
Known forCofounder of Fifth Wall, Cabify and Identified, Inc

Brendan F. Wallace is an American businessman and investor. He is the founder and CEO of Fifth Wall. He also cofounded artificial intelligence platform Identified, Inc., which he sold to Workday, and the ridesharing service Cabify.

Early life and education

Brendan Fitzgerald Wallace was born and raised in New York City.[1] He graduated from Princeton University with a bachelor's degree in political science and economics in 2004, and received an MBA from the Stanford Graduate School of Business in 2010.[2] While at Stanford, Wallace became interested in technology and entrepreneurship, and he went on to found several companies with his former classmates.[3]

Career

Early career

Wallace began his career as a real estate analyst at Goldman Sachs and worked for The Blackstone Group's real estate division,[4] where he was a part of Blackstone's acquisition of Hilton Hotels.[5]

Identified, Inc.

In 2010, Wallace cofounded career networking platform Identified, Inc., with Adayemi Ajao.[6] The platform's model is based on gamification, and had 10 million users within eight months of its launch.[7] Early versions of Identified's database were used by employers such as Google, Disney, and McKinsey & Company.[6] It received $33 million in venture capital between 2010 and 2014.[8] Wallace was co-CEO of the company until it was acquired by Workday, Inc. in 2014.[9]

Cabify

In 2012, Wallace cofounded the Latin American ridesharing service Cabify, with Ajao and Spanish entrepreneur Juan de Antonio. Wallace currently sits on the company's advisory board.[10] Cabify reached a valuation of $1.4 billion in 2018, making it a unicorn.[11]

Fifth Wall

In 2016, Wallace and Brad Greiwe cofounded Fifth Wall,[12] a venture capital firm which invests in PropTech ventures, including technologies which decarbonize the real estate industry.[13][14] As of 2021, it was one of the largest property technology venture investors in the United States.[15] In July 2022, the firm raised $500 million for its inaugural Climate Fund.[16] In 2023, the company closed an $866 million investment fund,[17] which The Wall Street Journal reported was the largest real estate investment fund in history.[18]

According to LA Business Journal, he was one of the most influential business executives between 2019 and 2022.[19][20] Commercial Observer included him on its Power 100 list in 2021 and 2022.[21]

Personal life

Wallace adopted a three-legged pit bull-mix named Lady Macbeth in 2021. They appeared on the Netflix series Canine Intervention.[22]

He dated British actress Emma Watson in 2018.[23][24] He later dated American actress Alexandra Daddario in 2019.[25]

References

  1. ^ Burford, Annie (2020-06-30). "Watch: Three Experts". dot.LA. Archived 2022-12-16 at the Wayback Machine. Retrieved 2022-12-15.
  2. ^ "What to Know About Emma Watson's New Businessman Beau Brendan Wallace". Peoplemag. Archived 2022-10-09 at the Wayback Machine. Retrieved 2022-12-15.
  3. ^ "A new venture firm focused on real estate has raised $212 million from real estate industry giants". TechCrunch. May 2, 2017. Retrieved 2022-12-15.
  4. ^ "Fifth Wall's Brendan Wallace On What's Next After $866M Proptech Fund". Commercial Observer. 2022-12-18. Archived 2023-02-08 at the Wayback Machine. Retrieved 2023-02-08.
  5. ^ Lemoncelli, Jenna (2018-10-16). "Brendan Wallace: 5 Things To Know About Emma Watson's Hunky New CEO Boyfriend". Hollywood Life. Archived 2023-02-08 at the Wayback Machine. Retrieved 2023-02-08.
  6. ^ Tilley, Aaron (April 27, 2012). "Identified Inc.: Helping job seekers level up". San Francisco Business Times. Archived 2012-09-06 at the Wayback Machine. Retrieved 2022-12-15.
  7. ^ Hoge, Patrick (June 5, 2012). "Identified raises $21 million Series B". San Francisco Business Journals. Archived 2012-06-14 at the Wayback Machine. Retrieved 2022-12-15.
  8. ^ "Meet a VC: Brendan Wallace & Brad Greiwe". NASDAQ. October 12, 2017. Archived 2022-12-16 at the Wayback Machine.
  9. ^ "Identified Acquires by Workday". Wall Street Journal. 2014-02-26. ISSN 0099-9660. Archived 2022-12-16 at the Wayback Machine. Retrieved 2022-12-15.
  10. ^ DÍAS, CINCO (2011-12-23). "Un fundador de Tuenti se pasa a los coches de lujo bajo demanda" (in Spanish). Cinco Días. Archived 2022-12-16 at the Wayback Machine. Retrieved 2022-12-15.
  11. ^ "Spain's Cabify claims it is first profitable car-booking app". Financial Times. 2020-02-05. Archived 2022-12-27 at the Wayback Machine. Retrieved 2022-12-27.
  12. ^ "Fifth Wall Ventures Raises $20M, Led by Identified's Founder". Wall Street Journal. 2016-09-30. ISSN 0099-9660. Archived 2022-12-16 at the Wayback Machine. Retrieved 2022-12-15.
  13. ^ Wells, Matty (2021-11-16). "How One Venice Entrepreneur Has Raised $140 Million to Combat Climate Change". Los Angeles Magazine. Archived 2022-12-25 at the Wayback Machine. Retrieved 2022-12-15.
  14. ^ Lash, Herbert (2022-07-21). "EXCLUSIVE Fifth Wall climate fund aims to decarbonize property industry". Reuters. Archived 2023-02-14 at the Wayback Machine. Retrieved 2022-12-15.
  15. ^ Maio, Pat (2021-04-25). "Fifth Wall SPAC Seeks $250 Million". Los Angeles Business Journal. Archived 2022-12-27 at the Wayback Machine. Retrieved 2022-12-27.
  16. ^ Olick, Diana (July 21, 2022). "Fifth Wall closes half-billion-dollar climate fund to decarbonize global real estate". CNBC. Archived 2022-12-13 at the Wayback Machine. Retrieved 2023-02-08.
  17. ^ Nicoll, Alex. "Proptech is losing money left and right, but Fifth Wall's Brendan Wallace is ready to spend $866 million as the sector enters its 'proving ground'". Business Insider. Archived 2023-02-08 at the Wayback Machine. Retrieved 2023-02-08.
  18. ^ Putzier, Konrad (December 13, 2022). "WSJ News Exclusive | Venture Firm Fifth Wall Raises Record Real-Estate Startup Fund". Wall Street Journal. Archived 2023-02-17 at the Wayback Machine. Retrieved 2023-02-08.
  19. ^ "BRENDAN WALLACE". Los Angeles Business Journal. 2019-05-19. Archived 2022-10-12 at the Wayback Machine. Retrieved 2022-12-15.
  20. ^ "LA500 2022: Brendan Wallace". Los Angeles Business Journal. 2022-06-20. Archived 2022-12-16 at the Wayback Machine. Retrieved 2022-12-15.
  21. ^ "Brendan Wallace and Brad Greiwe". Commercial Observer. 2022-05-16. Archived 2022-12-16 at the Wayback Machine. Retrieved 2022-12-15.
  22. ^ Gottesman, Eliana (2021-03-01). "Canine Intervention: Everything To Know About Lady Macbeth's Owner Brendan Wallace". ScreenRant. Archived 2022-12-16 at the Wayback Machine. Retrieved 2022-12-15.
  23. ^ Epstein, Rachel (2019-01-15). "Are Emma Watson and Brendan Wallace Still a Thing? Here's What to Know About Him". Marie Claire. Archived 2022-12-21 at the Wayback Machine. Retrieved 2022-12-15.
  24. ^ "Emma Watson Spotted With a New Tech Bro". W Magazine. October 17, 2018. Archived 2022-12-21 at the Wayback Machine. Retrieved 2022-12-15.
  25. ^ "Alexandra Daddario's Dating History: Here Are The Famous Names She's Been Linked To". Inquisitr. 2021-08-13. Archived 2023-02-01 at the Wayback Machine. Retrieved 2022-12-15.