NEW YORK, NY, Avenue One, a property technology service platform and marketplace for institutional owners, buyers and sellers of residential homes, announced a strategic funding round of $100 million. The round is led by early investor WestCap with participation from MetLife Investment Management and other leading investors.

The new funding will be used to enhance the company's technology and data platform, expand its local partner network, and support the growth of its institutional marketplace. Other existing investors in Avenue One include credit funds managed by KKR, a global investment firm, and Global Atlantic, a leading insurance company.