Proptech Firm Avenue One Raises $100M Strategic Funding Round 

Avenue One, a proptech service platform and marketplace for residential homes, has announced a strategic funding round of $100 million. The round is led by WestCap, an early investor, and includes participation from MetLife and other leading investors.  

The funding will be used to enhance Avenue One’s technology and data platform, expand its local partner network, and support the growth of its institutional marketplace. Avenue One looks to simplify institutional access to residential investment properties by combining proprietary data and a network of local partners. The company has contracted over $400 million in goods and services to operational partners. 

“Today we stand on the shoulders of these world class investors who have committed to supporting our work with local real estate businesses across the country,” said Ryan Stroker, co-founder and chief executive officer of Avenue One. “Local partners are the bedrock of our thriving ecosystem fueled by efficient access to the capital markets.”