Commercial real estate investing marketplace Cadre achieved $65 million in series C funding. The raised capital will assist Cadre’s national expansion, personnel growth, and data development. Andreessen Horowitz led the financing round.

Cadre’s data-backed approach services large-scale investments for accredited investors. Family offices, endowments, and other investors use Cadre to finance vetted real estate investment opportunities. The company recently closed a sale of a multifamily four-building portfolio in Astoria, Queens, exceeding $70 million in value, the first asset realization on Cadre’s platform.

CEO and Co-Founder Ryan Williams said, “With a laser focus on our mission, we’re creating a platform that allows people to expand their financial futures. We believe that with technology, we can drive down marginal costs and enable broader access to attractive investment opportunities.”

“Cadre offers a suite of technology services that helps operators efficiently manage the capital raising and asset management processes. The fact that a billion dollars have already been invested on the Cadre platform — and one early investment has already sold at a price that generated attractive returns for its investors — suggests that their value proposition is resonating on both sides of the marketplace,” said Jeff Jordan, general partner at Andreessen Horowitz, in a blog.

Additional funds this round came from the Ford Foundation, General Catalyst, Goldman Sachs, Jim Breyer, Khosla Ventures, and Thrive Capital. Since launching in 2014, Cadre acquired $50 million in series B and $18.3 million in series A financing.

Cadre was co-founded by Ryan Williams, and Josh and Jared Kushner.

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