Business Development Manager

Reposted 6 Days Ago
Be an Early Applicant
New York, NY, USA
Hybrid
160K-180K Annually
Senior level
Artificial Intelligence • Enterprise Web • Real Estate • Software • PropTech
Drowning in documents? Don’t. We kill paperwork dead. You close deals instead.
The Role
The Senior Business Development Executive will cultivate relationships with large real estate firms, manage strategic partnerships, and shape market strategy to drive enterprise sales and growth for Fifth Dimension's AI platform.
Summary Generated by Built In

Senior Business Development Executive

Midtown Manhattan, New York | Full-time | IC- role

Base: $160K–$180K + Uncapped Commission + Equity + Benefits

About Us

Fifth Dimension is purpose-built AI for commercial real estate. Our platform, Ellie, helps leading investment managers, owners, and operators reason across documents and databases, automate complex business processes, and make faster investment decisions.

We're a rapidly scaling Series A company headquartered in London, New York, and Singapore, backed by Tier 1 American and European investors. Founded by Johnny Morris (18+ years applying data and analytics to real estate) and Dr. Kate Jarvis (Stanford PhD, 12 years of executive leadership across Silicon Valley and London startups), we combine deep real estate and financial services expertise with world-class AI execution.

Our values, Own It. Ship It. Don't Be Boring. guide how we build, sell, and win.

About the Role

We're hiring a Senior Business Development Executive to cultivate relationships with the largest, most complex real estate firms in North America, the accounts that manage $50B+ in assets, run multi-fund structures, and take 12 to 18 months to make a technology decision. These aren't prospects you close on a call. They're institutions you earn over time.

As a secondary priority you will also own Fifth Dimension's strategic partnership program: building and managing alliances with technology partners, channel and referral partners, and industry associations that accelerate our reach and credibility across the CRE ecosystem.

Reporting to the CEO, you will operate as the connective tissue between Fifth Dimension and the global institutions that define commercial real estate. This is a senior IC role.

This role is ideal for someone who:

  • Understands that a 15-month sales cycle is not slow, its strategic
  • Has navigated investment committees, board approvals, and multi-stakeholder procurement
  • Thinks in terms of account architecture
  • Sees partnerships as distribution infrastructure
  • Knows the quarterly metrics or milestones needed to land the 15-month long sell.

What You'll Do

Cultivate Enterprise Accounts (the core of the role)

  • Own a named book of Tier 1 enterprise accounts: institutional asset managers, mega-REITs, sovereign wealth-backed platforms, and large family offices
  • Provide full transparency of progress through leading metrics, given the long deals cycles of Enterprise Accounts.
  • Build trusted relationships with COOs, CIOs, CFOs, and portfolio managers across these firms
  • Navigate complex buying processes with 5 to 10 stakeholders, budget cycles, IT security reviews, and investment committee approvals
  • Develop account-specific strategies that map Fifth Dimension's intelligence layer to each firm's operational pain: fund-level data isolation, co-investor reporting complexity, acquisition integration
  • Progress accounts from first meeting through proof of concept to signed enterprise agreement

Build and Manage Strategic Partnerships

  • Develop channel and referral relationships with CRE consultancies, brokerages, and advisory firms that influence technology adoption, where success is revenue multiplication and not just logo borrowing.
  • Establish Fifth Dimension's presence and credibility within industry associations: ULI, NAREIT, PREA, CREFC, and others that lead to preferential rates, placements, introductions and ultimately, deals.
  • Create co-marketing and co-selling motions with partners that generate qualified enterprise pipeline
  • Identify, negotiate, and operationalise partnerships with technology and integration partners (Yardi, MRI, Argus, and similar platforms)
  • Track partner performance and ROI with the same rigour you'd apply to your own pipeline

Shape Market Strategy

  • Contribute directly to Fifth Dimension's US enterprise positioning, pricing, and go-to-market strategy based on what you learn from tier-1 accounts
  • Partner with Product, Solutions, and Engineering to translate enterprise requirements into roadmap direction
  • Turn early wins into case studies and reference accounts that accelerate the next wave of enterprise deals

What We're Looking For

Must Have

  • 7+ years in enterprise sales, business development, or strategic partnerships, with at least 3 years focused on commercial real estate or PropTech
  • Experience at venture-backed startups and in financial services - could be with real assets or other asset types
  • Proven track record navigating 12+ month enterprise sales cycles with $250K+ ACV outcomes
  • Experience building and managing strategic partnerships with technology vendors, channel partners, or industry bodies
  • Executive presence and credibility with C-suite stakeholders at firms managing $40B+ in AUM
  • A consultative, relationship-first approach to business development. You sell by understanding, not by pitching
  • Experience with complex, technical products (AI/ML, deeptech, fintech, or similar enterprise software)
  • Based in New York. Willingness to work in-office 3x/week (Midtown Manhattan)
  • Travel readiness: 25%+ for client meetings, industry events, and 2x annual London trips

Nice to Have

  • Deep understanding of institutional CRE buyers: how fund structures work, how investment committees make decisions, what makes a COO say yes to new technology
  • Existing relationships at target accounts: Blackstone, Brookfield, Starwood, Mitsui, or similar institutional platforms
  • Familiarity with CRE technology ecosystems: Yardi, MRI, CoStar, Argus, DealCloud

Why Join Fifth Dimension?

You will own the relationships that define Fifth Dimension's enterprise future. This is not a role where you inherit an account list and maintain it. You will build the account and partnership architecture from the ground up.

  • Work with a genuinely differentiated AI product that enterprise CRE firms need, not a nice-to-have
  • Join at a Series A growth stage where your work directly shapes company trajectory
  • Help build the category leader in AI-powered commercial real estate

If you want to build something lasting with the patience and precision it requires, we should talk.

Compensation and Benefits

  • $160K–$180K base salary
  • Performance-based bonus tied to account progression and partnership milestones
  • Meaningful equity on a standard vesting schedule
  • 2% company-sponsored 401(k) contributions
  • Healthcare, dental, and life insurance
  • Unlimited PTO
  • $100/month wellbeing budget
  • $1,000 annual training budget
  • 14 weeks paid parental leave (primary caregiver), 6 weeks (secondary caregiver)
  • Tailored support for exceptional life challenges (IVF, ADHD/Autism diagnosis, gender-affirming care, therapy, and more)


 

Skills Required

  • 7+ years in enterprise sales, business development, or strategic partnerships
  • 3 years focused on commercial real estate or PropTech
  • Experience at venture-backed startups and in financial services
  • Proven track record navigating 12+ month enterprise sales cycles with $250K+ ACV outcomes
  • Experience building and managing strategic partnerships with technology vendors, channel partners, or industry bodies
  • Executive presence and credibility with C-suite stakeholders at firms managing $40B+ in AUM
  • Consultative relationship-first approach to business development
  • Experience with complex, technical products (AI/ML, deeptech, fintech, or similar enterprise software)
  • Willingness to work in-office 3x/week in Midtown Manhattan
  • Travel readiness: 25%+ for client meetings, industry events, and 2x annual London trips
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The Company
26 Employees
Year Founded: 2023

What We Do

Fifth Dimension is a technology company dedicated to bringing AI to the real estate industry. Our AI-Powered Operating System is revolutionising workflows across the RE value chain, helping professionals focus on high-impact activities while our AI handles the document-heavy, time-consuming tasks.

Why Work With Us

At Fifth Dimension, we're demanding yet encouraging, valuing experimentation and thoughtful challenge. Our company values - Own It, Ship It, and Don't Be Boring - drive us to deliver exceptional results whilst fostering a culture of innovation and continuous improvement.

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